Bitcoin Update (August 12, 2025)
Bitcoin (BTC) has bounced back today to trade near $118,800, rebounding from its recent dip to $115K–116K. As of early U.S. hours, BTC is showing a tentative recovery backed by renewed investor interest.
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Key Highlights Driving the Shift
Institutional Buying Continues Strong
Strategy (formerly MicroStrategy) just purchased 155 BTC for $18M, signalling continued institutional confidence even amid recent volatility.
Macro Outlook Is a Key Factor
Traders are closely watching U.S. CPI data. Higher-than-expected inflation may reduce the likelihood of Fed rate cuts, potentially shifting flows away from risk assets like Bitcoin.
Crypto Market Cap Hits New High
Alongside BTC, overall crypto market cap is on the rise again—infrared support driven by ETF inflows and renewed optimism.
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Will the Rally Hold?
Bullish indicators:
Bounce at key support zones suggests buyers are stepping in.
Institutional accumulation continues.
Potential headwinds:
CPI data and macro policy could trigger short-term volatility.
BTC faces resistance near its all-time high (~$123K).
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Question to Engage Readers
What do you think—will BTC break through $123K and make a run at new highs, or will this be a short-lived rebound?
