๐ August 6, 2025
๐ Binance Square Newsroom
๐ข #Bitcoin is BACK!
BTC just smashed through $80,000 for the first time in months โ surging 6.8% in 24 hours as the Fed rate-cut buzz shakes global markets. ๐
๐ฌ Analysts say slowing U.S. jobs data + Trumpโs removal of Scott Bessent from the Fed chair shortlist = ๐ฅ risk-on rally for crypto!
๐ Top Movers (24h)
$BTC: $80,430 (+6.8%) ๐
$ETH: $4,220 (+5.1%)
$SOL: $175 (+9.2%) ๐
$DOGE: $0.19 (+11.4%) ๐ถ๐ฅ
$XRP: $0.72 (+3.6%)
๐ฏ Whatโs Driving the Hype?
๐น Fed rate cut expected by Sept
๐น Trump drops Bessent as Fed pick
๐น Institutions re-entering market
๐น Ethereum gas fees drop by 30%
๐น Indiaโs crypto bill gains approval ๐ฎ๐ณ
๐โ๐ฆบ Meme Coin Mania:
$DOGE rallies as Elon teases DOGE tipping on X (formerly Twitter). ๐
Memecoin season part 2 incoming?
๐ Global Win:
India passes major crypto regulation bill, boosting local exchanges & legitimizing trading. Massive win for Web3 in Asia. ๐๐ฅ
๐ Analyst Target:
JP Morgan now sees $105K BTC by year-end โ if Fed cuts rates + ETF inflows stay strong.
We may be on the road to six figures. ๐ธ
๐ฃ Your Turn:
Is this the start of the next leg up?
Are you bullish or booking profits? ๐ฌ๐
๐ Follow Binance Square for real-time crypto updates.
#Bitcoin #CryptoNews #BTC #Altcoins #DOGE #Solana #Fed #India #CryptoAdoption #BinanceSquare #BullRun
