Bitcoin is trading at $117,510.87 as of August 8, 2025. It is up 0.35% after handling recent economic pressures. BTC has strong support above $114,000 and could move toward $129,400 to $133,300 if the uptrend continues.
A big opportunity for BTC holders right now is the Solv Protocol BTC+ Vault. This lets you earn income on your Bitcoin while still keeping full control. The base yield is between 4.5% and 5.5% per year. There is also a special 99.99% promotional APR for early deposits until October. Solv already has over $2 billion in assets under management, works with Binance, and is backed by Binance Labs, which makes it a trusted choice.
Market Drivers for Bitcoin
Several important things are pushing Bitcoin higher:
Steady ETF inflows and fewer coins sitting on exchanges show people are holding BTC instead of selling.
Expected interest rate cuts from the US Federal Reserve are making institutions more confident in BTC.
Harvard University invested $116 million in BlackRock’s BTC ETF, showing strong trust in Bitcoin.
Solv Protocol has partnered with Babylon to bring restaking yields across Arbitrum, BNB Chain, and Merlin.
Chainlink Proof-of-Reserves adds extra safety and transparency for Solv.
One risk is ETF outflows. There was a large $812 million outflow, which is the second biggest ever, and it could cause pressure on BTC if it happens again.
Trading Opportunities
Here are some ideas for traders and investors:
Watch the $117,500 to $118,000 range. A break above could mean more upside.
Take advantage of Solv’s 99.99% promotional APR before it ends in October.
Include other strong assets like BlackRock’s BUIDL fund in your portfolio.
Use stop-loss orders near $114,000 to manage risk.
Try different income strategies like staking, arbitrage, and DeFi credit markets.
Keep an eye on $111,800 and $104,000 as possible lower support if the market falls.
Community Sentiment
Most Binance users are positive. 84.11% of them are bullish on BTC and Solv Protocol. This is because:
Harvard’s investment shows growing trust from large institutions.
Solv’s strong security and Binance integration make people feel safe.
Many expect a September interest rate cut, which could help BTC income strategies grow.
Some worry about recent big whale transfers worth $1.5 billion and liquidations of $313 million, but overall the mood is still optimistic.
What is Solv Protocol BTC Staking?
Solv Protocol BTC Staking is available through Binance On-Chain Yields. You can stake BTC from your Spot or Funding Account into Solv Protocol and earn rewards in $SOLV tokens. Rewards start being calculated the day after you subscribe and continue until the staking ends. Rewards are paid in full at the end, not daily.
Daily Reward Formula:
(BTC value in USD × APR ÷ 365) ÷ SOLV value in USD
How to Stake BTC with Solv Protocol on Binance
1. Log in to your Binance account.
2. Go to Assets → Earn → On-Chain Yields.
3. Choose BTC from the list.
4. Enter the amount you want to stake and the duration.
5. Read and accept the terms, then click Confirm.
Tracking Rewards and Redemption
You can check your staked BTC, rewards, and redemption status in Assets → Earn → Staking → On-Chain Yields Locked.
You can subscribe or redeem daily from 00:10 to 23:50 UTC.
If you redeem early, you lose all rewards.
Early redemption returns your BTC to your Spot Account within 3 days.
Why Solv Protocol is Important
@SolvProtocol is giving BTC holders a way to earn more without giving up control of their coins. With Binance Labs backing, high promotional APRs, and strong security through Chainlink Proof-of-Reserves, it is one of the best options for turning Bitcoin into an income-generating asset.
For long-term holders, this is not just staking. It is a way to make your BTC work harder while keeping it safe.
