What happened? Bitcoin fell 4% to ~$117K. Reason 1: US inf
Sawar_Khan
Updated at: 2 hours ago
{"content":"What happened?
Bitcoin fell 4% to ~$117K.
Reason 1: US inflation (PPI) rose 0.9% vs 0.2% expected, which may cause the Fed to delay rate cuts.
Reason 2: The US Treasury will not buy more $BTC , and will only use $15-$20B in seized coins, reducing market optimism.
When might it bounce?
Short term (1-2 weeks): It could stabilize if support holds, with a possible rebound in late August or early September.
Long term (rest of 2025): Historically, August dips are common. Post-halving data suggests Bitcoin could reach $130K+ by October and rally in Q4.
⚠️ Crypto is volatile—DYOR & only invest what you can afford to lose.
#Crypto #Bitcoin❗ #MarketUpdate ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/14/e86bb8c5ac196dafe26934c25cdf038b.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}