Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell-Off

Bitcoin price stands at $119,128 with a market capitalization of $2.37 trillion, supported by a 24-hour trading volume of $63.34 billion. The day’s intraday range of $117,201 to $121,073 reflects a market in consolidation following a recent sell-off from August’s highs, as traders weigh directional cues from key technical indicators across multiple timeframes. Bitcoin The […] Original

Bitcoin steadies around $119K as lower leverage eases pullback

Bitcoin is holding just below the $119,000 mark, with a calmer leverage backdrop helping to steady the market after recent swings. Summary Bitcoin holds near $119K as leverage ratio eases, reducing chances of a sharp correction. ELR remains in the 0.24–0.25 range, signaling healthier market positioning. Key resistance sits at $119,900; a breakout could target $123K, while failure risks a pullback to $114.9K. According to an Aug.15 analysis from CryptoQuant contributor Arab Chain, the estimated leverage ratio across major platforms has eased from its early August highs above 0.27, dipping…

Satoshi Nakamoto becomes richer than Bill Gates as Bitcoin price hits $124k

Bitcoin’s latest record-breaking price rally has shaken up the global rich list, and its elusive creator has quietly climbed into the upper ranks, now surpassing some of the world’s most famous moguls. Summary Bitcoin founder Satoshi Nakamoto’s holdings are now valued at $130.7 billion, placing him as the 12th richest person in the world. Satoshi’s net worth has surpassed that of Bill Gates, whose wealth is estimated at $122 billion. The wallet has remained untouched for years, with only two small incoming transactions recorded this year. Satoshi tops Bill Gates…

Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?

Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Dips Sharply Bitcoin price traded…

Treasury Secretary Confirms US to Acquire Bitcoin for Reserve via Budget-Neutral Tactics

After stating the U.S. government won’t buy bitcoin, the Treasury chief now clarifies plans to expand the Strategic Bitcoin Reserve using budget-neutral strategies that avoid new spending. US Eyes Budget-Neutral Bitcoin Acquisition to Expand Strategic Reserve, Treasury Secretary Reveals U.S. Treasury Secretary Scott Bessent took to social media platform X on Aug. 14 to clarify […] Original

Why Bitcoin treasury stocks aren’t keeping up with BTC?

Bitcoin reached a record-high price of $124,457 on Aug. 13, 2025. The stock prices of corporate Bitcoin treasury companies, however, are nowhere near their all-time highs. While the selling point of Bitcoin treasury firms is that their stocks perform better than Bitcoin, do they actually live up to that promise? Summary Bitcoin treasury companies may have positive mNAV and other metrics, but their stock prices perform badly Experts outline lack of investor confidence, value dilution, and more interest in Bitcoin itself as key factors of treasuries’ underperformance As long as…

Experts: Bitcoin’s Rally Fueled by ETF Demand, Weak Dollar, and Rate Cut Hopes

After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economy’s total market capitalization to […] Original

Strategy stock crashing despite Bitcoin price hitting ATH: here’s why

Strategy stock continued its downward trend on Thursday despite Bitcoin price reaching a new record high of $124,420.  Summary MSTR share price has moved into a bear market after falling by 20% from the YTD high. It has dropped even as Bitcoin jumped to a record high today. Technicals show that it is at risk of more downside if it loses key support. MSTR stock dropped to $ 375.80, down 20% from the year-to-date high of $457 and 30% lower than its highest level in 2024. Strategy stock has pulled…