Minmin$BTC

Forecasts strongly indicate a reduction in interest rates by the U.S. Federal Reserve in September, which may pave the way for a new global liquidity cycle. The current price of Bitcoin is stabilizing around $113,000 with low volatility, reflecting investor anticipation for upcoming policy signals. In corporate news, South Korean company Bitplanet has acquired SGA Co., Ltd. for $50 million with the goal of becoming one of the top 10 corporate Bitcoin holders. The market also saw a whale selling 2,880 Ethereum to purchase 110.56 Bitcoin, realizing significant profits. Risky assets like Bitcoin may attract new liquidity into the market and stimulate greater institutional interest. The current stability of Bitcoin's price indicates a consolidation phase, with key support and resistance levels that need to be monitored to determine the future trend. Institutional acquisitions like the Bitplanet deal reinforce legitimacy.