$BTC
📰 Top News and Their Impact on the Market
1. ⚠️ US Trade Tariff Pressures Have Returned to Take Effect
On August 1, Bitcoin prices fell below $115,200 after renewed concerns about US tariffs and profit-taking sales. Major currencies like ETH and SOL also saw declines of about 7-8% overnight.
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2. 📊 ETF Flows and Stability of Funding Rates
Despite the price drop, funding rate indicators suggest that long positions are still generally dominant. This reflects institutional confidence in the continuation of upward movement in the medium term, especially for BTC and ETH.
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3. ⚖️ The GENIUS Act for Regulating Stablecoins Has Taken Effect
A new US bill has been passed requiring that stable digital currencies be backed 1:1 by hard currencies, which contributes to increasing the transparency and regulation of these assets.
4. 🏦 Institutional Demand is Shifting Towards Ethereum
Ethereum has performed exceptionally (+43% in July), supported by massive inflows into ETFs and significant institutional partnerships. Predictions indicate a potential price exceeding $4,100, nearing its previous peaks.
5. 📉 Concerns About Future Regulatory Crises
Reports suggest that the rapid integration of digital currencies and financial markets, along with significant lobbying in politics, could lead to risks similar to the 2008 crises, especially if massive sell-offs of institutional assets occur.
