# JulyPPIBeatsExpectations

Bitcoin is still trading below its recent highs, continuing a correction that began after reaching a record high above $124,000 last week. As of today, the cryptocurrency is trading around $115,347, down 7.7% from its peak and a 3% decline over the past week.
The decline indicates a loss of momentum, and market data suggests reduced buyer demand on major exchanges. According to the latest analysis shared on CryptoQuant's QuickTake platform, the decline is closely linked to a shift in activity on Binance, the world's largest cryptocurrency exchange by trading volume.#Bessent on BTC Reserves #J

HODL like a lady.
#Gate Initial Global Listing YZY #Gate Alpha ESPORTS Points Airdrop #Bit Digital’s Pivot Pays Off #July PPI Beats Expectations #Bessent on BTC Reserves

The latest U.S. Producer Price Index (PPI) for July came in hotter than expected, signaling persistent inflationary pressure.
⚠️ Market Impact:
Strong PPI → Higher inflation risk → Fed may stay hawkish.
Short-term: Can weigh on risk assets like stocks & crypto.
Dollar strength may rise, adding pressure to BTC & ETH.
📊 Key Levels to Watch:
BTC: Support $108,000 → $105,500 | Resistance $112,000
ETH: Support $3,950 → $3,850 | Resistance $4,300
💡 VIP Strategy:
Traders: Expect volatility – set tight stop-losses.
Buyers: Look for dips near key support zones.
Sellers: Use PPI-driven strength in USD

💹 Bitcoin (BTC) Price Analysis – Mid-August 2025 Highlights
---
Current Price Snapshot
Bitcoin (BTC) is currently trading at ~$117,809 USD.
Market sources show slight variations:
CoinDesk reports $117,844.52 as of August 16, 2025, 11:22 am EDT.
CoinMarketCap lists it at $117,822.
These minor discrepancies reflect updates across data providers, but rest assured, the current price hovers around $117.8k.
---
Recent Market Developments
On August 14, Bitcoin briefly surged past its all-time high, touching $124,496, fueled by favorable U.S. crypto policy, institutional investment, ETF interest, and

The amount of $ETH on centralized exchanges has dropped to its lowest level in 9 years.
#August Market Prediction #July PPI Beats Expectations

Intraday, BTC ranged between about $116,953 and $118,256
#July PPI Beats Expectations
#ETH ETFs Top $30B
#Gate Alpha Peak Trading Competition

I'm still DCAing: sol, sui and some xrp, eth, btc and some new AI and cloud projects: sahara, akt and clore.
#July PPI Beats Expectations #ETH ETFs Top $30B #Bessent on BTC Reserves #BTC Hits New ATH #Crypto Market Cap Hits ATH @btc @sol @sui

Current Price: Approximately $0.99785, virtually at its $1 peg.
Intraday Range: High of $1.002, low of $0.99434 .
CoinMarketCap reports ~$0.9985 with a 24-hour volume of ~$3.86 billion and market cap ~$1.45 billion .
CoinGecko shows $0.9985 with 24 h price range between $0.9943–$1.00; 7-day range $0.9791–$1.01 .
Coinbase lists the current price at $1.00, with a 24-hour volume of around $4.03 billion and market cap ~$1.45 billion .
Bybit gives a more precise number: $0.998922 with 24-hour high and low between $0.994339–$1.002; ranked #101 by market cap at ~$1.29 billion .
#July PPI Beats Expect