Here’s the latest on Bitcoin (BTC) as of August 8, 2025 📰:
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📈 Current Price & Market Sentiment - Bitcoin is trading around $114,766, slightly down from its recent all-time high of $123,100. - Short-term holders have reduced selling, suggesting a more balanced market. - BTC faces critical resistance at the $114,400–$115,500 level. A breakout could push it toward $118,000 or even $120,000.
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🔮 Predictions & Analyst Outlooks - Tom Lee (Fundstrat) projects BTC could reach $250,000 by year-end, citing institutional demand and market maturity. - Other forecasts: - Markus Thielen: $160,000 - Standard Chartered & Bernstein: Also bullish but more conservative. - A recent technical analysis warns of a potential dip to $105,000, calling it a “danger zone”.
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🪙 Rising Alternatives - LILPEPE, a meme coin, is gaining traction with a projected 21,000% gain potential during the 2025 bull run. - Currently priced at $0.0018, it’s nearing the end of its ninth presale stage. - Runs on its own Layer 2 chain with fast transactions and low fees.
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🏦 Institutional Moves & Regulation - Bitcoin ETFs are now trading on U.S. exchanges, boosting mainstream adoption. - SBI Holdings plans to launch Japan’s first Bitcoin-XRP dual ETF, signaling growing interest in crypto investment vehicles. - U.S. Treasury Secretary recently called this the “Golden Age of Crypto,” urging innovation.
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🛠 Mining & Infrastructure - Bitcoin miners earned $1.66B in July, their best haul since the April 2024 halving. - New Bitcoin-denominated bonds and investment vehicles are emerging, especially in the UK and Japan.
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Here’s the latest on Bitcoin (BTC) as of August 8, 2025 📰:
---
📈 Current Price & Market Sentiment
- Bitcoin is trading around $114,766, slightly down from its recent all-time high of $123,100.
- Short-term holders have reduced selling, suggesting a more balanced market.
- BTC faces critical resistance at the $114,400–$115,500 level. A breakout could push it toward $118,000 or even $120,000.
---
🔮 Predictions & Analyst Outlooks
- Tom Lee (Fundstrat) projects BTC could reach $250,000 by year-end, citing institutional demand and market maturity.
- Other forecasts:
- Markus Thielen: $160,000
- Standard Chartered & Bernstein: Also bullish but more conservative.
- A recent technical analysis warns of a potential dip to $105,000, calling it a “danger zone”.
---
🪙 Rising Alternatives
- LILPEPE, a meme coin, is gaining traction with a projected 21,000% gain potential during the 2025 bull run.
- Currently priced at $0.0018, it’s nearing the end of its ninth presale stage.
- Runs on its own Layer 2 chain with fast transactions and low fees.
---
🏦 Institutional Moves & Regulation
- Bitcoin ETFs are now trading on U.S. exchanges, boosting mainstream adoption.
- SBI Holdings plans to launch Japan’s first Bitcoin-XRP dual ETF, signaling growing interest in crypto investment vehicles.
- U.S. Treasury Secretary recently called this the “Golden Age of Crypto,” urging innovation.
---
🛠 Mining & Infrastructure
- Bitcoin miners earned $1.66B in July, their best haul since the April 2024 halving.
- New Bitcoin-denominated bonds and investment vehicles are emerging, especially in the UK and Japan.