Tag: 113K

Bitcoin Hits $113K as Smarter Web Buys 45 BTC

Key Notes Smarter Web Company purchased 45 BTC at $111,758 each, adding to its 2,440 BTC holdings. The firm has achieved a staggering year-to-date BTC yield of 56,105%. Analysts call this the “most balanced” Bitcoin bull market, with sustainable growth over hype. Bitcoin BTC $112 938 24h volatility: 1.5% Market cap: $2.25 T Vol. 24h: $37.58 B surged past $113,000 on Wednesday after a 2.2% gain in the last 24 hours, continuing its steady climb in what analysts are calling the most sustainable bull market in the cryptocurrency’s history. Meanwhile,…

BTC price clings to $113k as cooling demand signals more downturn ahead 

With Bitcoin price is still in the red and price trading sideways all week, investor sentiment has weakened and demand is slowing. Summary Bitcoin’s price has been hovering around $113,000 for the past week as the market struggles to find momentum. The cryptocurrency has lost approximately 8% over the week and is now 8.4% below its all-time high of $124,128. CryptoQuant analysis shows Bitcoin’s struggles are driven by reduced demand and increased profit-taking. Bitcoin (BTC) price is trading at $113,770 as of press time, continuing its week-long hover around this…

Bitcoin Crashes Under $113K: Buy Signal or Panic?

Key Notes Social sentiment is at its most bearish since the June 22 panic sells. Over $40 billion in Open Interest highlights risky leveraged long positions. Institutions now hold 1.3 million BTC, steadily absorbing supply. On August 19, leading cryptocurrency BTC $113 833 24h volatility: 1.4% Market cap: $2.27 T Vol. 24h: $45.37 B slipped below $113,000, triggering fear in the market. The market is currently experiencing the most bearish sentiment seen since June’s geopolitical turmoil. Yet, while the crowd is bracing for more pain, some argue that history suggests…

Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI

Adding to the shocking downward jobs growth revisions on Friday — which sent crypto prices tumbling — the ISM Services PMI all of a sudden is beginning to consistently indicate softer-than-thought economic activity. The ISM Services for July came in at 50.1, sizably lower than the 51.5 expected. A number above 50 indicates economic expansion, and below that level contraction. The soft print is notable as it’s now a three-month pattern of weakness, with May’s number having been 49.9 and June’s 50.8 — a big slowdown from previous months. Compounding…

Bitcoin Drops Below $113K After Trump Announces New Tariffs

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U.S. President Donald Trump announced new tariffs on pharmaceuticals and semiconductor chips on Tuesday morning during a CNBC interview. Trump Tariff Threat Shakes Crypto: Bitcoin Drops Below $113K Crypto and stock markets edged lower on Tuesday morning, with bitcoin ( BTC) dropping below $113K after U.S. President Donald Trump told CNBC that his administration will […] Original

More Work, Less Reward? Bitcoin Mining Toughens As Price Sinks To $113K

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…