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Bitcoin price today: dips below $116k, Amdax plans bitcoin company

Author
Vahid Karaahmetovic
Published 08/18/2025, 02:11 AM
Updated 08/18/2025, 10:13 AM
Bitcoin price today: dips below $116k, Amdax plans bitcoin company
© Reuters
Gold Spot US Dollar
0.05%

GC
0.01%

MSTR
-0.90%

ENX
0.21%

Ethereum US Dollar
-5.25%

DOGE/USD
-5.33%

ADA/USD
-6.23%

XRP US Dollar
-4.07%

MATIC/USD
0.52%

ETH
-3.75%

SOL/USD
-6.07%

TRUMPo/USD
-4.30%

Investing.com-- Bitcoin fell below $116,000 on Monday, reversing sharply from last week’s record highs, as fading expectations for aggressive Federal Reserve easing and heightened geopolitical risks weighed on investor risk appetite.

At 10:10 ET (14:10 GMT), the world’s largest cryptocurrency traded 2.7% lower at $115,160.

Bitcoin climbed to a record above $124,000 last week, but pulled back after hotter-than-expected U.S. producer price data rekindled concerns over tariff-driven inflation.

Other tokens also tumbled on Monday, with Ether retreating further from near-record-high levels.

$BTC
##bitcoin #CreatorPaBitcoin price today: dips below $116k, Amdax plans bitcoin company

Author
Vahid Karaahmetovic
Published 08/18/2025, 02:11 AM
Updated 08/18/2025, 10:13 AM🏄 Grow your portfolio even on vacation with InvestingPro | Summer Sale 50% OFF
CLAIM SALE
Bitcoin price today: dips below $116k, Amdax plans bitcoin company

Author
Vahid Karaahmetovic
Published 08/18/2025, 02:11 AM
Updated 08/18/2025, 10:13 AM
Bitcoin price today: dips below $116k, Amdax plans bitcoin company
© Reuters
Gold Spot US Dollar
0.05%

GC
0.01%

MSTR
-0.90%

ENX
0.21%

Ethereum US Dollar
-5.25%

DOGE/USD
-5.33%

ADA/USD
-6.23%

XRP US Dollar
-4.07%

MATIC/USD
0.52%

ETH
-3.75%

SOL/USD
-6.07%

TRUMPo/USD
-4.30%

Investing.com-- Bitcoin fell below $116,000 on Monday, reversing sharply from last week’s record highs, as fading expectations for aggressive Federal Reserve easing and heightened geopolitical risks weighed on investor risk appetite.

At 10:10 ET (14:10 GMT), the world’s largest cryptocurrency traded 2.7% lower at $115,160.

Bitcoin climbed to a record above $124,000 last week, but pulled back after hotter-than-expected U.S. producer price data rekindled concerns over tariff-driven inflation.

Other tokens also tumbled on Monday, with Ether retreating further from near-record-high levels.$BTC

The fluctuations in the price of the dollar is a complex process influenced by various factors. Below are some details on this topic:

1. Factors influencing the price of the dollar:

When the price of the dollar decreases, the price of American products decreases.
Global crises, such as wars or pandemics, affect the price of gold, which is related to the value of the dollar.
The price of oil in the international market is determined based on the dollar; when the price of the dollar decreases, the price of oil also decreases.
The fluctuations in the prices of various countries' currencies affect the price of the dollar.

2. The importance of the dollar:

Central banks of various countries generally rely on the US dollar to determine the value of their currencies.
The dollar is used as the primary currency for foreign trade, and nearly half of the countries in the world use it for foreign transactions.
A decrease in the price of the dollar impacts international trade.

Conclusion: The price of the dollar is influenced by various factors, and it plays an important role in the international economy.
$BNB

Read more - Ethereum price eyes 55% surge as the 14-week ETF accumulation continues$ETH
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