BITCOIN: sudden drop, but long-term momentum intact?
đ° Current price: $112,700 USD (â0.3% over 24h)
đ Bitcoin has fallen below $115,000 USD following the announcement of U.S. tariffs. Massive liquidations, profit-taking, and a risk-off sentiment have impacted the crypto market as a whole đ.
đ What to know:
Derivative data (options, ETFs) do not signal a break in the bullish trend for 2025; it is more of a technical pause.
Bitcoin ETFs experienced a record outflow (~$812M USD) in early August.
Institutional adoption remains strong: Syz Capital raises another 2,000 BTC, MicroStrategy and others continue their purchases.
đ New developments:
In the United States, a presidential decree has established a federal reserve of Bitcoin (â200,000 BTC);
Texas is launching its own BTC reserve strategy through a law passed in June 2025.
đĄ Conclusion: despite the correction, macro, institutional, and technical indicators suggest that Bitcoin maintains a structural bullish trajectory in 2025.