Bitcoin Blasts to $122K

DAILY MARKET OVERVIEW

🚀 $122K Bitcoin Breakout!

👋 Hey, Crypto Enthusiasts! We’re back with another week of market action, and things are already heating up.

🟢 Bitcoin kicked off the week with a massive run to $122,000 early this morning.

The surge came primarily from Binance spot trading, a sign that big players are stacking sats, not just retail traders chasing leverage. That’s a bullish signal for BTC’s foundation.

Whispers are swirling that some of this buying could be insider positioning ahead of a loaded week for macro and geopolitical events. Let’s break it down.

📅 What’s Ahead This Week
Tuesday brings two major catalysts:

• US–China Tariff Pause Deadline - Could be extended, or we might see a full trade deal announcement.

• US CPI Inflation Numbers - If inflation keeps climbing, it could push back those much-anticipated rate cuts again.

The rest of the week? Packed. We’ve got more jobs data, corporate earnings, speeches from multiple FOMC voting members, and the big one - Friday’s Trump–Putin meeting in Alaska to discuss the Ukraine war.

Expect lots of volatility.

📉 Supply Crunch Intensifies
Both BTC and ETH are leading this rally, and the supply on exchanges is running out.

• ETH exchange supply: 12% - lowest since July 2016.

• BTC exchange supply: 14.5% - lowest since August 2018.

This steady outflow hints at long-term conviction and reduced sell pressure.

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SOCIAL SENTIMENT

🤔 The Market’s Curveball Year

📜 This year has defied the script. Many expected Q1 strength, a spring pullback, a choppy summer, and a strong Q4. Instead:

• Q1 was weak.

• Q2 turned strong.

• Q3 is still climbing, though only a few alts are outperforming BTC.

Solana, once the king of the show, is struggling.

ETH - declared “dead” earlier this year - is now thriving. The market narrative is shifting fast and picking winners selectively, making this cycle much harder to navigate than 2021’s “everything pumps” environment.

When’s Alt Season ❓️ 
Right now, BTC dominance is slipping, but that’s mostly due to ETH’s rally - not a broad altcoin surge.

Our take: a true alt season could arrive when BTC pushes into $140K–$150K territory and ETH breaks into fresh all-time highs. That’s when traders may start rotating profits into lagging altcoins. Until then, BTC and ETH run the show.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Crypto Treasury Firm Starts $500M BNB Buying Spree
BNB Network Company has bought $160M worth of BNB, becoming the largest corporate holder, sparking debate over centralization in crypto.

BitMine Adds $1.3B in ETH to Treasury
Ethereum treasury giant BitMine now holds 1.15M ETH worth $4.9B, citing growing institutional adoption and bullish long-term market trends.

Trump-Linked WLFI Seeks $1.5B for Treasury Company
World Liberty Financial, backed by the Trump family, is raising $1.5B to launch a public treasury company holding its WLFI tokens.

El Salvador Lets Banks Hold Bitcoin for Wealthy Clients
A new law allows big investment banks in El Salvador to hold and offer bitcoin services to high-net-worth investors with over $250K in assets.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Benjamin Cowen – Ethereum Breaks $4k! (11.08.2025 Summary)

Ethereum has finally broken through the $4,000 mark. Benjamin Cowen explains why this was expected - and what might happen next.

📈 Why ETH Broke $4K This Time

• ETH "bottomed" against Bitcoin, just like it did in 2016 and 2019 before big rallies.

• This happened after ETHUSD went through a correction Cowen calls "going home" - a reset that allowed momentum to rebuild.

• Altcoins have been bleeding value into Ethereum, fueling its strength.

🔮 What’s Likely Ahead

• ETH could push toward its old all-time high near $4,867 in the next 1-2 weeks.

• Cowen expects a September pullback, possibly back to around $4K, before another push higher.

• This cooling-off period could help set up a higher market cycle top later.

• After late August, money may rotate back into Bitcoin for a while.

💡 Key Takeaways

• Right now, it’s Ethereum season - ETH is outperforming both Bitcoin and altcoins.

• Alts may rise in USD short-term but are losing ground to ETH.

• Don’t expect a big altcoin season until after ETH’s current run cools.

For now, Cowen’s advice is simple: ride the ETH wave, expect a dip in September, then watch for the next leg up.

Bankless – Vitalik Buterin: How Ethereum Becomes The World Ledger (11.08.2025 Summary)

Vitalik Buterin, Co-founder of ETH, wants Ethereum to be the main place the world keeps records of value - like money, property, and contracts - without needing banks, companies, or governments to approve. Instead, it would be secured by math and code that anyone can check.

💡 His Main Goals for the Next 10 Years

• Built-in Privacy - Private transactions as a normal wallet feature, no extra tools needed.

• Scaling Without Centralization - Handle far more users and activity without handing control to a few big players.

• Layer 1 as the Anchor - Keep Ethereum’s base chain as the "source of truth" so Layer 2s stay connected and accountable.

• Simple Self-Custody - Make holding your own crypto safe and easy for anyone.

• Proven Secure Code - Use math to prove the core systems are secure.

🌍 Why It Matters to You

• Send and receive money worldwide in seconds with tiny fees.

• Keep full control of your assets, even if a bank or platform fails.

• Use apps that protect your data automatically.

If Vitalik’s vision works, Ethereum could be as normal and reliable as running water - but for your digital life.

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