Crypto Market Update ā August 4: Bitcoin Stabilizes, Ethereum Holds Ground, XRP at Key Support
Market Overview: Where We Stand Bitcoin ($BTC BTC) $BITCOIN Bitcoin is trading around $114.7K, showing modest resilience after recent volatility. NordFX +15 AInvest +15 CoinDesk +15 Investopedia +3 99Bitcoins +3 Cryptonews +3
A recent pullback below $113K triggered over $900M in liquidations, including losses of more than 3% on BTC and$ ETH. CoinDesk +3 AInvest +3 99Bitcoins +3
Still, funding rates across exchanges remain bullish, signaling long positioning dominance. AInvest
Technically, BTC recently retested the inverted head-and-shoulders neckline and bouncedāsuggesting a possible breakout toward $148K and even $150K later in 2025. AInvest +3 fxleaders.com +3 ccn.com +3
Ethereum (ETH) Ethereum trades near $3,544, down about 5% from recent highs above $3,500. Brave New Coin +3 AInvest +3 NordFX +3
Despite the correction, strong whale accumulation continuesānew wallets added nearly 790K ETH (~$2.9B) in recent days. 99Bitcoins
Ethereum appears to form a bull-flag pattern, potentially setting up a breakout if support holds. Holders should watch the lower trendline closely. ccn.com
XRP & Alts XRP has retraced a bit but is holding a critical support zone around $2.95ā$3.00. A bounce here could push toward $3.20+, while a break could lead back to $2.62ā$2.66. coinpedia.org
Solana, Dogecoin, Cardano, and others are forming bullish technical setups or experiencing notable accumulation dynamics. DOGE forecasts suggest a short-term surge toward $0.20ā$0.23 or higher, while altcoins like Remittix are drawing long-term attention. indiatimes.com
š Macro & Policy Forces Shaping August U.S. economic calendar heats up: July nonfarm payrolls and upcoming CPI/PPI data are set to be key directional drivers. Markets are positioned cautiously ahead. AInvest
Regulatory shifts in the U.S.: The SECās new āProject Cryptoā is pushing for a clearer framework and moving capital markets on-chain. Meanwhile, the GENIUS Act (signed JulyāÆ18,āÆ2025) sets strict backing standards for stablecoins. Gina: dual regulation and accountability measures are now in place. #MarketRebound #ProjectCrypto #EthereumTurns10 #ETHCorporateReserves #WhiteHouseDigitalAssetReport
$BITCOIN Bitcoin Scam Claims Life of 24-Year-Old Jaipur Youth A Wake-Up Call for Indiaās Crypto Generation š§ šØ
In a devastating incident from Jaipur, Aditya Sharma, a 24-year-old with a steady job and dreams for the future, took his own life after falling victim to a fake $BITCOIN Bitcoin investment scam.
He wasnāt reckless. He wasnāt naive. He was just another young man chasing hope in a system thatās failing to protect its own.
š„ The Final Hours: What Really Happened Aditya returned home quietly like any other day.
While his father prayed and his brother was out, he siphoned petrol from his bike.
He went to the rooftop, doused himself in fuel, and jumped from the 9th floor.
Police found a suicide note on his phone ā a heart-wrenching apology to his family after losing everything in a scam.
āI made a terrible mistake⦠I canāt face you all anymore.ā ā Aditya's final words
š” This Isnāt Just About Crypto ā Itās About the Cost of Silence Bitcoin didnāt kill Aditya. But fake promises, unchecked platforms, and zero support did.
India leads the world in crypto adoption ā yet financial awareness and mental health support remain dangerously low. Scammers prey on young minds through WhatsApp groups, Telegram ātips,ā and too-good-to-be-true schemes.
š Why This Should Scare All of Us šØ Crypto fraud cases in India surged 85% in 2024
šÆ Most victims are under 30
š India ranks #1 in adoption ā but far behind in regulation and safety
š§ What We All Must Learn ā Red Flags of Crypto Scams: āGuaranteed profitsā ā š« No such thing
āAct now or miss outā ā š« Classic pressure tactic
š§ Mental Health Matters: We need to stop hiding financial losses in shame. Letās create safe spaces ā at home, online, in offices ā where people can talk about money, fear, and failure before it becomes fatal.
$XRP Breakout Playbook: From Bottom to Blast-Off Daily Chart Outlook ā Structure, Momentum & Whatās Next
$XRP has been painting a textbook breakout formation. After finding a strong bottom around $2.35 in April, the token moved into a consolidation range between $2.50 and $2.65 ā a classic buildup zone before lift-off.
That consolidation laid the groundwork for a sharp 57.6% rally, launching #XRP to a high of $3.67. While the price is currently pulling back from that local peak, itās still holding above the key support range of $2.98ā$3.00 ā the former breakout zone that could now flip into a bullish launchpad.
#Shib If you have money to invest, do it in $Shiva coins. You need 10 $ example: Buy coins with 0.00001200 price at 9.81996$. Set auto sell at 0.00001500. Then the cell will come at 12.27495$ $SHIB $SHIB At 10$ you can earn $ 2.3.
#CreatorPad Time is ticking, and weāre now officially in countdown mode! With only 28 days, 20 hours, and 15 minutes remaining, the excitement is reaching a whole new level. This is the perfect moment to focus, create, and share your best work with the community. Every eligible post needs to stand out, and that means hitting the right balance of quality and value. Remember, your submission must be at least 100 words and include only one hashtag or coin pair to qualify. The countdown is onādonāt miss the chance to be part of something bigger. #CreatorPad
Stellar (XLM) also surged +14.12%, followed by SUI at +10.22%, and HBAR (Hedera) leading with a +16.63% gain @BinanceUS .
š§ Quick Take KAIA is the standoutāclimbing over 65% in one day.
Among the most widely known assets, AAVE, SOL, DOGE, and XLM have posted major gainsādouble-digit percentage increases in some cases.
š Want More Detail? If youād like to drill deeper or get price updates for specific pairs (like $BTC BTC/USDT, $ETH ETH/USDT on Binance), let me know. I can pull real-time data or trending charts for your selection.
TL;DR:
KAIA is today's top gainer on Binance, soaring +65.5%.
Well-known assets like SOL, DOGE, AAVE, XLM, and HBAR have all climbed significantlyāmany in the double digits.#EthereumTurns10 #TrumpTariffs
šØ AUGUST 1 TARIFF SHOCK ā CRYPTO TAKES A HIT! TIME TO LOAD? šØ
The U.S. just dropped new tariffs on autos, chips & more ā and the markets felt it hard. Crypto wasnāt spared: š» BNB: $787.90 (-1.09%) š»šØ AUGUST 1 TARIFF SHOCK ā CRYPTO TAKES A HIT! TIME TO LOAD? šØ
The U.S. just dropped new tariffs on autos, chips & more ā and the markets felt it hard. Crypto wasnāt spared:
Why the dump? š Tariffs = inflation fears + slower growth ā panic hits risk assets. š„ Sell pressure from stocks spilled into crypto. š Whales cashed out profits ā adding fuel to the fire.
Why it could be opportunity disguised as chaos: šÆ Tariff panic = short-term noise, not long-term trend. š Crypto often rebounds fast post-shock. š”ļø Major support zones now in play ā perfect spots for smart entries.
ā ļø Big dips on big headlines = smart money stacking. This might be your last shot at these prices before the next leg up.
š Stay sharp. Have a plan. August could be fireworks. #CryptoCrashOrOpportunity #Tariffs2025 #BTC #ETH #CryptoNews #SmartMoneyMoves #WhiteHouseDigitalAssetReport
Why the dump? š Tariffs = inflation fears + slower growth ā panic hits risk assets. š„ Sell pressure from stocks spilled into crypto. š Whales cashed out profits ā adding fuel to the fire.
Why it could be opportunity disguised as chaos: šÆ Tariff panic = short-term noise, not long-term trend. š Crypto often rebounds fast post-shock. š”ļø Major support zones now in play ā perfect spots for smart entries.
ā ļø Big dips on big headlines = smart money stacking. This might be your last shot at these prices before the next leg up.
š Stay sharp. Have a plan. August could be fireworks. #CryptoCrashOrOpportunity #Tariffs2025 #BTC #ETH #CryptoNews #SmartMoneyMoves #WhiteHouseDigitalAssetReport