Bitcoin (BTC) News – August 2, 2025 Highlights
Here’s what’s making waves in the Bitcoin world today:
📉 Price Action
BTC is trading around $117,641, down 1.07% in the past 24 hours. After peaking at $123,092 on July 14, it’s now consolidating below key resistance levels.
🧠 Quantum Computing Concerns
A dormant whale moved 80,000 BTC from Satoshi-era wallets, sparking speculation about quantum threats. The coins were transferred to SegWit addresses, which offer stronger protection against future quantum attacks.
🏛️ Corporate Impact – Strategy’s Bold Move
Strategy (formerly MicroStrategy) reported $10B in net income for Q2, largely due to unrealized gains from its 628,791 BTC holdings. However, analysts warn this accounting method may distort investor perception, as no BTC was actually sold.
⚠️ Treasury Risks
Fred Thiel, CEO of MARA Holdings, cautioned that the rise of Bitcoin treasury companies could lead to forced sell-offs if market conditions worsen. Over 1.35 million BTC are now held by corporations, raising concerns about price stability.
🔥 Sentiment Check
Despite short-term volatility, BTC remains up 24.59% year-to-date, with strong institutional interest and ETF inflows supporting long-term bullish outlook.
BTC #BitcoinNews #CryptoMarkets #QuantumThreat #BinanceSquare #WriteAndEarn