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Bitcoin's August Kickoff: Bulls Regain Control as Price Eyes $65K
August 2025 – Crypto News Brief
Bitcoin has started August 2025 with strong momentum, currently trading above $62,800, a sharp rebound after a volatile July that saw lows near $59,000. Analysts are pointing to renewed ETF inflows, declining exchange balances, and cooling inflation as key drivers behind the bullish turn.
📊 Key Highlights:
ETF inflows: Over $350M flowed into BTC ETFs in the past 3 days.
On-chain data: Wallets holding over 10 BTC are steadily rising.
Altcoins rally: Ethereum, Solana, and Toncoin followed suit, with SOL up 6% in 24h.
💬 Market Sentiment:
“Bitcoin’s price action is a classic pre-halving setup,” says Michael Tan, analyst at CryptoView. “We’re seeing accumulation, reduced selling pressure, and a push toward $65,000 — possibly before mid-August.”
🔍 Looking Ahead:
Traders are watching the $63,500 resistance zone closely. A breakout may pave the way to $65K and above, while failure to hold $62K could signal short-term consolidation.
Final Thoughts:
Bitcoin’s strong start to August has reignited hopes of a late-summer breakout. As always, crypto markets remain volatile — stay informed, stay cautious, and never invest blindly.
📌 Follow for more daily crypto news updates!
#bitcoin #CryptoNewss #BTC #blockchains #CryptoAnalysis" $BTC
August 2025 – Crypto News Brief
Bitcoin has started August 2025 with strong momentum, currently trading above $62,800, a sharp rebound after a volatile July that saw lows near $59,000. Analysts are pointing to renewed ETF inflows, declining exchange balances, and cooling inflation as key drivers behind the bullish turn.
📊 Key Highlights:
ETF inflows: Over $350M flowed into BTC ETFs in the past 3 days.
On-chain data: Wallets holding over 10 BTC are steadily rising.
Altcoins rally: Ethereum, Solana, and Toncoin followed suit, with SOL up 6% in 24h.
💬 Market Sentiment:
“Bitcoin’s price action is a classic pre-halving setup,” says Michael Tan, analyst at CryptoView. “We’re seeing accumulation, reduced selling pressure, and a push toward $65,000 — possibly before mid-August.”
🔍 Looking Ahead:
Traders are watching the $63,500 resistance zone closely. A breakout may pave the way to $65K and above, while failure to hold $62K could signal short-term consolidation.
Final Thoughts:
Bitcoin’s strong start to August has reignited hopes of a late-summer breakout. As always, crypto markets remain volatile — stay informed, stay cautious, and never invest blindly.
📌 Follow for more daily crypto news updates!
#bitcoin #CryptoNewss #BTC #blockchains #CryptoAnalysis" $BTC
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