What a week it has been in the world of cryptocurrencies! It’s almost as if the heavens themselves decided to play a cruel game with us mere mortals. Bitcoin, that great titan of the digital realm, stands now like a statue, unmoving, unchanging-trading flat. Yet, this apparent stillness belies the storm that raged beneath. 🌪️
A mere seven days ago, our beloved BTC was undergoing a significant correction, plummeting to a disheartening $112,000 on August 2nd. The market, ever the capricious lover, attempted a recovery, pushing the price back above $115K a day later. But alas, the sellers, those relentless harbingers of doom, were not content. They struck again, driving the price back down below $113,000. 😢
will Bitcoin continue to lose ground, or will it rally and leave the altcoins in the dust once more? 🤔🔥
Market Data
Market Cap: $3.92T | 24H Vol: $154B | BTC Dominance: 58.8%
BTC: $115,977 (+0.5%) | ETH: $3,937 (+9%) | XRP: $3.22 (+6%)
This Week’s Crypto Headlines You Can’t Miss
No Capitulation in Sight at 7.4% Price Surge.
Bitcoin miners are holding strong as prices increase by 7.4% from the last difficulty bottom. They are showing no signs of capitulation, despite the ongoing market turmoil. ⚒️🔥
Massive Bitcoin Price Prediction by Arthur Hayes: Calls for BTC at $250K. The co-founder and former CEO of BitMEX, Arthur Hayes, has made yet another massive Bitcoin price prediction, calling for $250,000 because of incoming money printing in the United States. 💸🚀
Roman Storm Convicted in Tornado Cash Case. Tornado Cash developer, Roman Storm, has been found guilty of operating an unlicensed money transmitting business. He wasn’t found guilty on the two other counts of conspiracy to commit money laundering and to violate the International Emergency Economic Powers Act. 🤚🚫
Vitalik Buterin, Anders Elowsson Propose EIP-7999 for Ethereum Fee Overhaul. Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-799, which aims to overhaul the network’s fee structure by unifying multiple resource costs under a single maximum fee. 🛠️💼
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Solana, and Hyperliquid – click here for the complete price analysis. 📊📈
Read More
- Silver Rate Forecast
- ADA’s Desperate Hug: 3 Signs It Won’t Kiss $0.45 Goodbye 💸
- Gold Rate Forecast
- Brent Oil Forecast
- Wallet Wars! TRON, $100 Million, and the Blockchain Blacklist Brouhaha 🤡
- ProShares Dives into XRP Futures ETF: The Countdown Begins! 🚀
- Bitcoin Apocalypse Imminent?! 😱
- Is Jack Ma’s Alibaba Secretly Betting Big on Ethereum? Find Out! 🚀
- SOL Plunge: Doom or Boom? 🤑
- Bitcoin’s Epic Wait: Will It Finally Wake Up From Its Nap and Skyrocket? 🤔🚀
2025-08-08 19:16