Daily Crypto News
Avsnitt

August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

Dela

Bitcoin briefly broke above $80,000, reaching roughly $81,100, before profit-taking pushed it back into the upper $70Ks. Matt explains why $80K remains an important psychological resistance level, with investors who bought higher finally getting opportunities to exit and newer buyers sitting on substantial gains. He argues that a pullback toward $75K or even the low $70Ks would still be normal, while a sustained move back below $70K would make the rally look more like another bear-market bounce. 


The episode also covers nearly $2 billion in Bitcoin ETF inflows last week, Coinbase launching tokenized stocks on Base, Franklin Templeton expanding tokenized money-market funds in Asia, and BitMine buying roughly $81 million of Ethereum. Matt also looks at the political pressure surrounding the CLARITY Act and GENIUS Act implementation, while warning that the Fear & Greed Index at 80 shows just how quickly sentiment has shifted from fear to extreme greed. 


Happy HODLing.

Hosted on Acast. See acast.com/privacy for more information.

Podden och tillhörande omslagsbild på den här sidan tillhör Matt Diemer. Innehållet i podden är skapat av Matt Diemer och inte av, eller tillsammans med, Poddtoppen.