Summary of today's Bitcoin market on August 15, 2025

Bitcoin is currently around 118,800, down about 4.5% from yesterday's historical high of 124,457, with significant volatility. In the early session, it briefly fell below 118,000, hitting a low of 117,180, and then rebounded slightly, but bullish momentum is lacking.

Let's briefly analyze the reasons for the decline.

Yesterday, U.S. PPI inflation data exceeded expectations (month-on-month +0.9%), raising market concerns that the Federal Reserve may delay interest rate cuts in September, leading to a withdrawal of funds from high-risk assets.

The U.S. Treasury Secretary stated that "the government will not directly purchase Bitcoin," triggering a misinterpretation of policy tightening and exacerbating panic. After reaching a new high, profit-taking led to concentrated selling, with over 100,000 liquidations within 24 hours, totaling #BTC再创新高 $BTC