Market Overview: Where We Stand
Bitcoin ($BTC BTC)
$BITCOIN Bitcoin is trading around $114.7K, showing modest resilience after recent volatility.
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A recent pullback below $113K triggered over $900M in liquidations, including losses of more than 3% on BTC and$ $ETH ETH.
CoinDesk
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99Bitcoins
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Still, funding rates across exchanges remain bullish, signaling long positioning dominance.
AInvest
Technically, BTC recently retested the inverted head-and-shoulders neckline and bounced—suggesting a possible breakout toward $148K and even $150K later in 2025.
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Ethereum (ETH)
Ethereum trades near $3,544, down about 5% from recent highs above $3,500.
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Despite the correction, strong whale accumulation continues—new wallets added nearly 790K ETH (~$2.9B) in recent days.
99Bitcoins
Ethereum appears to form a bull-flag pattern, potentially setting up a breakout if support holds. Holders should watch the lower trendline closely.
ccn.com
XRP & Alts
XRP has retraced a bit but is holding a critical support zone around $2.95–$3.00. A bounce here could push toward $3.20+, while a break could lead back to $2.62–$2.66.
coinpedia.org
Solana, Dogecoin, Cardano, and others are forming bullish technical setups or experiencing notable accumulation dynamics. DOGE forecasts suggest a short-term surge toward $0.20–$0.23 or higher, while altcoins like Remittix are drawing long-term attention.
indiatimes.com
📈 Macro & Policy Forces Shaping August
U.S. economic calendar heats up: July nonfarm payrolls and upcoming CPI/PPI data are set to be key directional drivers. Markets are positioned cautiously ahead.
AInvest
Regulatory shifts in the U.S.: The SEC’s new “Project Crypto” is pushing for a clearer framework and moving capital markets on-chain. Meanwhile, the GENIUS Act (signed July 18, 2025) sets strict backing standards for stablecoins. Gina: dual regulation and accountability measures are now in place.
#EthereumTurns10 #ETHCorporateReserves #WhiteHouseDigitalAssetReport