BTC

Bitcoin recently dropped 2% to trade around $84,035, falling below the $85,000 threshold as momentum slows and market participants monitor a critical bull market support band retest.

Strategy recently transferred 3,568 Bitcoin valued at $297 million, sparking sell-off concerns. However, blockchain analytics confirmed the movement was routine operational activity within Fidelity Custody rather than a liquidation.

Large Bitcoin holders with 100 to 1,000 BTC have accumulated 113,950 tokens since July 15, boosting their combined balance despite a recent price dip and highlighting ongoing whale participation.

CryptoQuant CEO Ki Young Ju predicts smaller 3-5x Bitcoin returns and milder bear markets this cycle due to institutional adoption, market maturity, and shifting on-chain dynamics.

Bitcoin stays above $81,500 while testing the $82,000 resistance level, supported by recent ETF inflows and reclaiming its critical 50-week moving average.

Bitcoin dropped toward $75,000 following the Senate's failure to pass the CLARITY Act, heavy spot ETF outflows, rising Treasury yields, and caution ahead of the Federal Reserve rate decision.