{"id":26442,"date":"2025-08-26T09:49:54","date_gmt":"2025-08-26T06:49:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26442"},"modified":"2025-08-27T13:48:59","modified_gmt":"2025-08-27T10:48:59","slug":"bitcoin-price-dips-to-109000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-price-dips-to-109000\/","title":{"rendered":"Bitcoin Price Dips to $109,000"},"content":{"rendered":"<p>The price of the leading cryptocurrency has fallen below $110,000 for the first time in seven weeks.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdeb0Tn3OP8maGUqrVRKMkK0z_SXvRUjTaISDJq-6WMwbDfqjSnNCdVDxi9DZ4tvXdQ1IW22xrdQP86p5pD9-0l97HESWI_N3lr1-8g9A8SLBis0b1dcmGUv1oKymiiRx-vGOoo2g?key=sfAbDCEAMtR94XPFmOO-0g\" alt=\"Bitcoin Price Dips to $109,000\"\/><figcaption class=\"wp-element-caption\">15-minute BTC\/USD chart on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, Bitcoin is trading at $110,184 (down 1.8% in 24 hours), according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>. This is the lowest level since July 9.<\/p>\n<p>The decline followed a brief rise on August 22, when Federal Reserve Chairman Jerome Powell <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-surges-to-117000-following-fed-chairs-remarks\">hinted<\/a> at a potential easing of monetary policy in September.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The correction is due to profit-taking, technical resistance, and changing rate expectations,&#8221; <\/em><a href=\"https:\/\/www.theblock.co\/post\/368189\/bitcoin-sinks-below-110000\"><em>explained<\/em><\/a><em> BTC Markets analyst Rachel Lucas.<\/em><\/p>\n<\/blockquote>\n<p>According to her, the positive sentiment following Powell&#8217;s speech faded as investors reassessed the likelihood and timing of policy easing. Uncertainty increased after reports that a major holder sold 24,000 BTC, triggering a wave of liquidations in the derivatives markets.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Key support levels are now at $105,000, the breakout zone in June, and at $100,000 \u2014 both a psychological level and a major options strike,&#8221; noted Presto Research analyst Rick Maeda.<\/em><\/p>\n<\/blockquote>\n<p>He added that a decisive break below $100,000 could trigger forced deleveraging. The potential for growth remains limited to the $118,000-120,000 range until the macroeconomic situation becomes clearer.<\/p>\n<h2 class=\"wp-block-heading\">Risk Aversion<\/h2>\n<p>Ethereum also fell by 5.4% to $4,428. Other altcoins followed suit: XRP lost 2% ($2.92), Solana dropped 7.2% ($189.12), and BNB fell 3.1% ($846.18).<\/p>\n<p>Daily liquidation volumes exceeded $929 million.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXeQFvJwkiSW9E0x-hnR3ErzjHcOenUgZzid1lojJPQfl1Zy11alCwUYIXpLfZz0k05WXH_qwZVAEq6wKv8ygOAArVREsnENvDHWHHAzv97V3wU5OnDHYv0kcmTg_eVOH4p3EbBZrg?key=sfAbDCEAMtR94XPFmOO-0g\" alt=\"Bitcoin Price Dips to $109,000\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We have to go through tough liquidation days for the market to continue growing,&#8221; noted CoinGecko co-founder Bobby Ong.<\/em><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I wish I can go to sleep each night hugging my penguin and watching the charts go green only. No red candle is the best day. But that&#8217;s not life and we have to go through the tough liquidation days so that we can go up <a href=\"https:\/\/t.co\/asFbRSf8jF\">pic.twitter.com\/asFbRSf8jF<\/a><\/p>\n<p>\u2014 Bobby Ong (@bobbyong) <a href=\"https:\/\/twitter.com\/bobbyong\/status\/1960127329637953958?ref_src=twsrc%5Etfw\">August 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Peter Schiff, President of Euro Pacific Asset Management and a well-known cryptocurrency critic, predicted a drop in digital gold to $75,000 and advised to &#8220;sell now and buy back lower.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin just dropped below $109K, down 13% from its high less than two weeks ago. Given all the hype and corporate buying, this weakness should be cause for concern. At a minimum, a decline to about $75K is in play, just below <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a>&#8216;s average cost. Sell now and buy back lower.<\/p>\n<p>\u2014 Peter Schiff (@PeterSchiff) <a href=\"https:\/\/twitter.com\/PeterSchiff\/status\/1960146366161903877?ref_src=twsrc%5Etfw\">August 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Lucas noted that capital previously flowing between Bitcoin and Ethereum is now moving into less risky assets.<\/p>\n<p>Maeda referred to CoinShares data: outflows from exchange-traded products last week totaled $1.43 billion. According to him, altcoins were sold off faster than digital gold, while inflows into stablecoins remained steady. This indicates a general decline in risk appetite across the sector, rather than a simple capital redistribution, the expert emphasized.<\/p>\n<p>Earlier, from August 18 to 22, investors withdrew $1.17 billion from spot Bitcoin ETFs. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the leading cryptocurrency has fallen below $110,000 for the first time in seven weeks.<\/p>\n","protected":false},"author":1,"featured_media":26443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin falls below $110,000, lowest in seven weeks.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[20,480],"class_list":["post-26442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-altcoins","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"360","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin falls below $110,000, lowest in seven weeks.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26442"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26442\/revisions"}],"predecessor-version":[{"id":26444,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26442\/revisions\/26444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26443"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}