Today’s $BTC Bitcoin Snapshot — August 9, 2025
Price Movement
Bitcoin is currently trading around $117,153, showing a modest intraday gain with a slight uptick of approximately 0.18% to 0.44%. Investors are essentially holding steady amid modest market shifts.
Crypto Market Activity
The total cryptocurrency market cap has edged up to $3.90 trillion, with total trading volume rising by around 0.5%. Bitcoin's market dominance sits at 59.62%, down slightly as altcoins gain traction.
Macro & Policy Movers
A U.S. executive order permitting cryptocurrencies—including Bitcoin—in 401(k) retirement plans has injected renewed optimism, contributing to price resilience earlier this week.
Separately, concerns linger as gold outpaces Bitcoin as a safe-haven asset amid ongoing economic and geopolitical uncertainty.
Institutional Trends
MicroStrategy recently acquired 21,021 BTC (~$2.46 billion), reaffirming corporate confidence in Bitcoin as a long-term treasury asset. The move also boosted its stock and added momentum to the markets.
Emerging Risk — Quantum Computing
A recent concern is that quantum computers could eventually threaten Bitcoin’s cryptographic security, particularly for older wallets. While not immediate, this risk is drawing proactive industry attention.
