Bitcoin Today: Why the $115K Dip Matters and What’s Next
Author: A.F Financial expert Crypto expert On August 1, 2025, Bitcoin plunged below $115,000, wiping out much of its gains from July. The primary triggers: newly announced U.S. tariffs and a sharp wave of profit‑taking among traders. This slump is a reminder: even in a bull run, macroeconomic shocks can quickly reverse momentum. What Caused This Market Shake‑Up? Macroeconomic Surge & Tariff Headwinds New tariffs imposed by the U.S. government rattled investor confidence. Bitcoin dropped ~3.2% to $114,832, while other major altcoins like Ether and Solana tumbled up to 9.5%. Traders shifted to safer assets as risk sentiment spiked across crypto and equity markets. Seasonality & Technical Resistance August has historically been a volatile month for Bitcoin, often showing price pullbacks after strong July runs. Technical resistance near $122K collided with profit-taking, creating pressure toward lower support at $112K. Miners Dumping for Profits Data shows mine...