In August 2025, Bitcoin's price saw a sharp drop from $117,000 to around $110,000, despite earlier optimism from potential Fed rate cuts. This decline was driven by several key factors. Major whale wallets, dormant for years, suddenly sold large amounts of BTC to accumulate Ethereum, triggering sell pressure. Weekend trading also played a role—low liquidity and thin order books made the market vulnerable to volatility and cascading sell-offs. Additionally, rising Bitcoin reserves on exchanges signaled increased selling intent. Together, these elements created a “perfect storm,” overpowering bullish sentiment and causing the price correction.
BTC
78,732.17
-5.90%