$BTC Got it — BTC’s sitting at $118,400 (~₹10.4M) with a +1. | faizan lucky on Binance Square

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$BTC Got it — BTC’s sitting at $118,400 (~₹10.4M) with a +1.84% overnight boost from $116K. 🚀
That’s about a $2,400 gain in 24 hours — a healthy bump considering where it was yesterday.
Do you want me to run the same update for ETH and other major coins so you have the full market snapshot?#rightToEran #bitcoin 

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$BTC #bitcoin 📉 2014 Crash From: ~$1,150 → To: ~$150 Drop: ~87% Cause: Mt. Gox hack, exchange collapses, low adoption. 📉 2018 Crash From: ~$19,800 → To: ~$3,200 Drop: ~84% Cause: ICO bubble burst, regulatory crackdowns, market hype fade. 📉 2022 Crash From: ~$69,000 → To: ~$15,500 Drop: ~77% Cause: Terra/Luna collapse, FTX bankruptcy, Fed rate hikes, recession fears. 📊 2025 Now Around ~$116K — not a crash, trading in a high range after earlier dips. #Write2Earn

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Market Recap & Legal Update: What Just Happened SEC & Ripple: Appeals Dropped, Case Closed On August 7, both the SEC and Ripple jointly filed to dismiss their respective appeals, officially ending the long-running legal battle over XRP’s regulatory status under U.S. law CointelegraphBinanceFXEmpire. This renders the 2023 ruling from Judge Analisa Torres final—meaning XRP sold on public exchanges is not a security, while institutional sales remain so CointelegraphFXEmpire. Market Reaction: XRP Moves Up $XRP broke above the $3 threshold, rising from around $2.91 to as high as $3.02, before stabilizing near $2.98–$3.00 AInvestCoinDesk. The surge was supported by high-volume trading—most notably on Korean platform Upbit, where over $95 million in XRP changed hands between 15:00–16:00 UTC AInvestCoinDesk. Technically, XRP cleared resistance levels at $2.87, $2.92, and $2.97—with $2.98 now acting as a key support. Immediate upside targets include $3.05, $3.14, and if momentum holds, possibly $3.25 AInvestBinanceCoinDeskHolderBrave New Coin. Key Takeaways Legal clarity achieved: With the appeals dropped, the 2023 ruling now stands—bringing regulatory clarity and removing one of XRP’s biggest overhangs. Price response was swift and decisive: XRP traders pushed through $3 swiftly—highlighting pent-up demand and bullish sentiment now that uncertainty has diminished. Watch levels and catalysts: If $2.98 holds, the path to $3.05+ is open—especially if institutional momentum (like ETF filings) picks up or if further legal confirmation arrives ahead of the August 15 deadline FXEmpire+1Coinpedia Fintech NewsAInvest+1. What This Means for Traders Bullish scenario: $2.98 support holds → rally toward $3.05–$3.14 → possible breakout above $3.25 with ETF/institutional demand. Cautious scenario: Failing to hold above $2.98 could lead to consolidation or pullback within the $2.90–$3.00 range.l

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