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btcnew

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Basitamazing
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Bitcoin (BTC) experienced a turbulent trading day after a massive sell-off triggered by a whale unloading around 24,000 BTC. This sudden move sparked a flash crash, with Bitcoin plunging from highs near $117,200 to below $109,000 in just hours. The drop wiped out much of the recent post–Jackson Hole rally and led to more than $900 million in liquidations, mostly from long positions. Analysts say this reflects the heightened volatility that continues to define Bitcoin markets. Despite the sharp correction, demand for Bitcoin futures remains strong, with trading volume and open interest reaching record highs. This suggests that institutional players still see opportunity in BTC’s long-term prospects, even as short-term sentiment turns cautious. Experts believe this divergence between futures demand and spot price weakness is a sign of growing professional involvement in the crypto space. In another major development, Strategy Inc. (formerly MicroStrategy) expanded its Bitcoin holdings once again. The firm purchased about 3,081 BTC between August 18 and 24, spending roughly $356.9 million at an average price of $115,829 per coin. This acquisition boosts its total holdings to more than 632,000 BTC, valued at over $70 billion. However, the company’s stock fell by more than 4% following the news, showing how traditional investors remain cautious despite the firm’s aggressive Bitcoin strategy. At present, Bitcoin is trading below the $110,000 mark for the first time in over six weeks. Some analysts warn that if it fails to reclaim the $112,000 support level, it could face further downside, possibly sliding toward $105,000. On the other hand, bulls argue that institutional demand and corporate accumulation, like Strategy’s latest purchase, highlight Bitcoin’s resilience and its growing role in global finance. #$BTC #BTCNew
Bitcoin (BTC) experienced a turbulent trading day after a massive sell-off triggered by a whale unloading around 24,000 BTC. This sudden move sparked a flash crash, with Bitcoin plunging from highs near $117,200 to below $109,000 in just hours. The drop wiped out much of the recent post–Jackson Hole rally and led to more than $900 million in liquidations, mostly from long positions. Analysts say this reflects the heightened volatility that continues to define Bitcoin markets.

Despite the sharp correction, demand for Bitcoin futures remains strong, with trading volume and open interest reaching record highs. This suggests that institutional players still see opportunity in BTC’s long-term prospects, even as short-term sentiment turns cautious. Experts believe this divergence between futures demand and spot price weakness is a sign of growing professional involvement in the crypto space.

In another major development, Strategy Inc. (formerly MicroStrategy) expanded its Bitcoin holdings once again. The firm purchased about 3,081 BTC between August 18 and 24, spending roughly $356.9 million at an average price of $115,829 per coin. This acquisition boosts its total holdings to more than 632,000 BTC, valued at over $70 billion. However, the company’s stock fell by more than 4% following the news, showing how traditional investors remain cautious despite the firm’s aggressive Bitcoin strategy.

At present, Bitcoin is trading below the $110,000 mark for the first time in over six weeks. Some analysts warn that if it fails to reclaim the $112,000 support level, it could face further downside, possibly sliding toward $105,000. On the other hand, bulls argue that institutional demand and corporate accumulation, like Strategy’s latest purchase, highlight Bitcoin’s resilience and its growing role in global finance.

#$BTC #BTCNew
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Leigh Suchla cAq5
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الرد على @Binance News
icp ne dépasser pas les 2 usdc y a 2 mois. si on compare au pillier btc, eth, sol,bnb, xrp. icp est monté les autres on baisser icp c est solide. c est tous le marché qui descend
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#btcnew Crypto to space — metals into the abyss. Bitcoin is closing in on $113,000, ETH confidently above $4K. Meanwhile — a historic crash in the metals market: ▪️gold -4%, ▪️silver -6.5%, ▪️platinum -8% — all in one day, the first time in 5 years.
#btcnew
Crypto to space — metals into the abyss.
Bitcoin is closing in on $113,000, ETH confidently above $4K.
Meanwhile — a historic crash in the metals market:
▪️gold -4%,
▪️silver -6.5%,
▪️platinum -8% — all in one day, the first time in 5 years.
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💰 When Pennies Cost More Than They’re Worth… Enter $BTC {spot}(BTCUSDT) 🥇 The last US penny was minted in Philadelphia after 232 years, now costing 3.7x its face value to produce! 💸 Inflation is eating fiat coins, but Bitcoin tells a different story: 🔹 Capped at 21M coins → immune to endless supply inflation 🔹 Scarcity drives value for holders, unlike fiat 💵 📊 Economist Saifedean Ammous: “Tech may lower costs, but fiat keeps losing value. Bitcoin benefits from scarcity.” 💡 Alexander Leishman, CEO of River: “Inflation made the penny useless. Meanwhile, the sat grows more relevant every year.” #bitcoin #BTC #Crypto #BTCNew #HODL
💰 When Pennies Cost More Than They’re Worth… Enter $BTC

🥇 The last US penny was minted in Philadelphia after 232 years, now costing 3.7x its face value to produce!
💸 Inflation is eating fiat coins, but Bitcoin tells a different story:
🔹 Capped at 21M coins → immune to endless supply inflation
🔹 Scarcity drives value for holders, unlike fiat 💵
📊 Economist Saifedean Ammous: “Tech may lower costs, but fiat keeps losing value. Bitcoin benefits from scarcity.”
💡 Alexander Leishman, CEO of River: “Inflation made the penny useless. Meanwhile, the sat grows more relevant every year.”
#bitcoin #BTC #Crypto #BTCNew #HODL
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