Love... #crypto #bitcoin #BTC | CryptoPotato on Binance Square

Trending Articles

Bookmarked and Liked

--

Love...
#crypto  #bitcoin  #BTC 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

344

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@CryptoPotato_official

Explore More From Creator

Arthur Hayes Forecasts Bitcoin's Value to Reach $250,000 Former BitMEX CEO Arthur Hayes predicts an imminent global financial crisis that could necessitate the injection of $9 trillion into the economy, potentially driving Bitcoin's value to $250,000. Hayes anticipates that government-backed enterprises will need $5 trillion to stabilize the mortgage market and $4 trillion for banking system bailouts. He also foresees a significant repatriation of dollars from Taiwan, South Korea, and Singapore, which he believes would expedite the crisis. Hayes suggests that the liquidity generated by this situation, combined with Bitcoin's fixed supply, could push Bitcoin's price to $250,000. Despite these predictions, the market remains cautious, with Bitcoin currently trading around $115,727 as it navigates potential volatility and global trade tensions.

--

Three Factors That May Fuel a Significant Bitcoin (BTC) Surge in August Bitcoin (BTC) may experience a significant surge in August due to three primary factors, despite currently trading below its all-time high of over $123,000. Historically, BTC has ended August with profits, specifically after a halving year, and with the latest halving occurring in 2024, this month may follow suit. The potential US interest rate cut, which has spiked to an 80% chance in September, could also fuel BTC's momentum as lower rates usually encourage riskier investments like cryptocurrencies. Lastly, BTC's MVRV ratio, an indicator of whether the asset is undervalued or overvalued, has been within a healthy range of 2.2 to 2.4 over the past month, suggesting more room for growth. Analysts predict BTC may enter its "thrill" and "euphoria" phases, potentially leading to a rally above $200,000.

--

Forecast for Pi Network (PI) Price This Week Pi Network (PI) started August on a downward trend, hitting a low point. However, it found support at $0.32, showing buyers' interest. The key resistance level is at $0.37, and it would be beneficial if PI could break above this figure, otherwise, it could indicate a temporary recovery. On August 1st, PI's price fell by 20% as sell volume escalated, peaking on August 2nd. This has led to a slight price recovery as selling has reduced, although until the price surpasses $0.37, it's too soon to suggest that sellers have lost interest. The daily RSI indicates an oversold situation, implying a discounted price level that is attracting buyers. However, sellers may return once the recovery ends. It's advisable to wait for a clear breakout above $0.37 before taking any action.

--

Forecasting the Price of Ripple (XRP) for the Current Week XRP has managed to maintain stability at the $3 mark despite significant selling pressure in early August. The key support levels are at $3 and $2.7, while resistance levels stand at $3.6 and $4. If buyers can sustain the price at this point, they could potentially drive the cryptocurrency's value up this month. Over the past fortnight, XRP has remained just above $3, with both buyers and sellers trying to take control. This has resulted in a stalemate, with no clear winner as the price moves sideways. The absence of a clear trend has led to a decrease in volume, making a breakout less likely. As such, XRP is expected to maintain a close position to the $3 mark until either buyers or sellers break the impasse, with no major moves expected until volume increases.

--

Bitcoin Approaches $115,000 Amid Ongoing Cryptocurrency Market Uncertainty: Market Overview Despite the ongoing uncertainty in the cryptocurrency market, Bitcoin's price continues to hover around the $115,000 mark, increasing by approximately 0.8% in the last 24 hours. This development is in spite of multiple unsuccessful attempts by sellers to push the price below $114,000. Meanwhile, the broader cryptocurrency market is also witnessing subdued volatility, with Bitcoin and Ethereum accounting for $18 million and $50 million of liquidated positions respectively. The overall trading activity is also considerably lower, indicating a period of consolidation as the market awaits further clarity on matters such as tariffs and US Federal Reserve policy. Most altcoins are trading positively, with leading coins gaining between 1% and 5%. Among the top 100 coins, POL, Ethena (ENA) and Mantle (MNT) recorded the highest gains.

--

Latest News

Block Reports Increased Revenue and Bitcoin Holdings in Q2

--

Ethereum Whale Completes Profitable Sale Amid Price Surge

--

CleanSpark Reports Record Quarterly Revenue and Profitability

--

Animoca Brands Forms Joint Venture for Stablecoin Development in Hong Kong

--

AguilaTrades Increases Bitcoin and Ethereum Holdings Amid Profits

--

Trending Articles

Today XRP update

What Could Happen to Ethereum Tomorrow (August 8, 2025)? He

🚨 Avoid Getting Banned on Binance: 6 Serious Violations That Could Freeze Your Crypto Forever 🧊💸

Tehmona Shehzadi

Trump's Midnight Tariff Shake-Up Sparks Global Reactions

XRP Price on Edge: SEC's 03:00 UTC Decision Could Trigger Major Breakout

BeMaster BuySmart

Cookie Preferences

Cookie Preferences