Bitcoin News Highlights – August 6, 2025
1. Bitcoin Stabilizes Near $114,000 Amid ETF Outflows
As of today, Bitcoin$BTC trades around $114,000, with intraday highs near $115,000 and lows around $112,700. This follows a recent correction from May's peak close to $123,000 .
Despite **$196 million in outflows ** from U.S.-listed Bitcoin ETFs on Tuesday, the price has shown relative resilience .
2. Institutional Demand & Treasury Accumulation Soar
The top 100 Bitcoin treasury companies now hold over 955,000 BTC, with MicroStrategy alone holding ~628,800 BTC (~3% of total supply) .
Increased holdings by public firms suggest strong institutional conviction in Bitcoin’s long-term prospects.
3. Bitcoin Mining Ramps Up
Hyperscale Data’s subsidiary Sentinum mined ~15.9 BTC in July, generating ~$1.8 million in revenue as the company scales to ~2 Exahash capacity with over 6,800 Antminers online .
4. Forecasts & Volatility: Mixed Outlook
Analysts predict August may see a dip to $105K, followed by a sharp rally toward $120K or more; projections up to $140K are also put forward by bullish commentators .
Caution is advised: the so-called “August Curse” has Coinbase founder Robert Kiyosaki warning of a possible dip, though many see it as a potential buying opportunity .
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📌 Summary Overview
Metric Value
Current Price $114,000 ± region ( $113K–$115K)
ETF Pressure $196M outflows from BTC ETFs
Institutional Accumulation ~955,526 BTC held by top entities
Key Drivers ICP demand, regulatory signals, halving cycles
Forecast Range $105K dip to $140K possible
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🧭 What It Means
Institutional support remains strong, underpinning long-term confidence even amid short-term turbulence.
Technical resistance near $115K could cap near-term gains, but a breakout may trigger momentum toward $120K+ .
Macro factors—like U.S. tariffs and paused Fed rate cuts—continue to influence volatility and investor sentiment .
