MARA Holdings just announced that its Bitcoin treasury is nearing $6B after mining 705 Bitcoins in August with an average of 22.7 tokens per day. This performance is the result of an increase in hashrate to 59.6 EH/s and the company enabling its Texas wind farms. The official press release also stated that MARA plans to acquire 64% stake in Exaion , one of the world-leading producers of low-carbon energy, in Q4 of 2025. This comes shortly after the company announced a 17% increase in its Bitcoin mining capabilities in July, according to the end-of-the-month report. With Bitcoin falling below $111K again, MARA seeks to ramp up its Bitcoin accumulation strategy before the next bull run, which is likely to trigger in Q4, especially as Bitcoin Layer 2 upgrade, Bitcoin Hyper ($HYPER) nears the end of its presale in Q4. MARA Wants a Larger Spot at the Bitcoin Table MARA wants a larger slice of the Bitcoin buy, which is why it’s ramping up its mining and buying efforts. A July 23 convertible note offering saw MARA put out $850M-worth of senior notes, with much of the proceeds being reserved for Bitcoin investments. This shows that the company is preparing a long-term investment strategy, similar to what Michael Saylor’s Strategy is doing. Strategy currently has the largest Bitcoin treasury in the world, with 636,505 $BTC, valued at nearly $70B. Strategy bought three dips in August and one in September, acquiring 7,714 $BTC for a total investment of almost $900M. More importantly, Saylor is likely to make another move now that Bitcoin lost its momentum after jumping over $113K briefly yesterday. Another massive investment would create another pump, this time hopefully getting Bitcoin over the psychological threshold of $115K. Based on Bitcoin’s historical monthly returns, the next pump may not be short-lived. According to CoinGlass data, Bitcoin’s last six years display a green October, with gains of up to 40%. Then we have Bitcoin Hyper nearing the end of the presale in Q4, according to the whitepaper , which could add an extra boost once the project goes public. How Bitcoin Hyper Promises to Solve Bitcoin’s Performance Problems Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to finally solve Bitcoin’s performance issues. Bitcoin’s performance is currently limited to 7 transactions per second (TPS), which makes the network unfeasible for large institutional investors and payment processors. In terms of performance, Bitcoin ranks 28th in terms of TPS, according to Chainspect data. Even Ethereum ranks higher with its 16 TPS on the 17th position, while Solana is second with up to 1,000 TPS and a theoretical value of 65,000. So, it’s only natural that Bitcoin Hyper would target a Solana-level performance boost for Bitcoin, which it plans to achieve with tools like the Canonical Bridge and the Solana Virtual Machine (SVM). The Canonical Bridge connects Hyper to the Bitcoin network and relies on the Bitcoin Relay Program to confirm transactions in seconds, rather than hours. The Bridge then mints the users tokens into Hyper’s Layer 2, decongesting the main network and reducing traffic significantly. The Solana Virtual Machine offers another performance boost by unlocking the ultra-fast and low-latency execution of smart contracts and DeFi apps. This brings the Bitcoin network to Solana-level performance numbers. With these tools, Hyper offers higher throughput, near-instant finality, and increased scalability, allowing for multiple transactions at once; considerably more than 7. This makes the Bitcoin network a feasible choice for institutional investors, which will turn Bitcoin mainstream and push $BTC to obscene heights. The presale has raised over $14.2M so far and it’s growing at an accelerated pace. If you want to invest, you can buy $HYPER at the presale price of $0.012865 , which could prove to become a wealth-building decision. That’s because, based on the project’s roadmap and potential, our price prediction for $HYPER is $0.32 for the end of 2025. By 2030, $HYPER could reach $1.50 with enough community support, which translates to an ROI of 11,559%. Important note: These predictions are rather conservative and don’t account for factors like global adoption or subsequent upgrades which build upon the project’s foundation even further. In other words, $HYPER could have an even taller price ceiling. If you want to get a piece of the Bitcoin Hyper action, visit the presale page now. What to Expect From Bitcoin? Given Bitcoin’s past performances over the last six years, the growing institutional interest, and companies like MARA creating a mining empire, we predict a powerful October bull. There’s no telling how high Bitcoin can get, but October has been Bitcoin’s most profitable month historically, with only two red months in 12 years. So, keep your eyes on Bitcoin and have Bitcoin Hyper ($HYPER) on your radar. The $14.2M presale is currently the talk of the day and reading about the project explains why. Don’t take this as financial advice. Do your own research (DYOR) before investing. Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/mara-bitcoin-holdings-near-6b-bitcoin-hyper-gains/
Publicly traded companies have now collectively accumulated over 1,000,000 BTC, in a historic milestone in Bitcoin adoption. This stash represents nearly 5% of Bitcoin’s fixed 21 million supply, as institutional conviction around the asset continues to grow. From corporate treasuries of prominent firms to Bitcoin mining firms and ETF issuers, the presence of publicly listed companies in the market has significantly expanded over the past few years. Metaplanet, Mallers, and More Leading the pack of corporate Bitcoin holders is Strategy, the company co-founded by Michael Saylor, which began stacking coins in August 2020. Today, Strategy controls 636,505 BTC, which makes it the clear frontrunner among corporate treasuries. The gap to second place is massive as MARA Holdings owns 52,477 BTC, with just 705 BTC added in August. Despite this, new challengers are quickly building sizable positions. For instance, Jack Mallers’ XXI already commands 43,514 BTC, while the Bitcoin Standard Treasury Company holds 30,021 BTC. Other heavyweight names include Bullish, which has secured 24,000 BTC, alongside Metaplanet at 20,000 BTC. Publicly traded players such as Riot Platforms, Trump Media & Technology Group, CleanSpark, and Coinbase also emerged as increasingly important participants in this rapidly growing corporate accumulation trend. The Hidden Crisis Bitcoin’s surging popularity on Wall Street is ironically squeezing the very backbone of its network – miners. While institutional inflows have propelled BTC prices higher, on-chain activity has not kept pace, which has left transaction fees at historic lows, according to CoinMetrics. This imbalance is particularly damaging in a post-halving environment, where block rewards have already been slashed and fees now account for less than 1% of miner revenue. With profitability increasingly tied to price appreciation alone, miners face mounting financial pressure and are often forced to liquidate holdings or shut down operations entirely. The risk extends beyond economics since reduced miner participation also threatens decentralization and could concentrate network security in the hands of dominant pools like Foundry and Antpool, which already control nearly half of total hashpower. The 2028 halving will cut rewards to just 1.5625 BTC per block, which is expected to pose an even bigger challenge. Without new uses that boost demand for blockspace, Bitcoin’s security could weaken, and its “digital gold” narrative may drift away from the incentives that keep the network safe. The post Wall Street’s Bitcoin Grab: Public Firms Now Control Over 1 Million BTC appeared first on CryptoPotato .
Expectations surrounding possible rate cuts by the Federal Reserve in September are nearing peak levels, especially among crypto investors. Historically, Fed rate cuts have often meant the start of a bull run since it signals to investors to take more positions in risk assets such as Bitcoin and crypto. Thus, with only two weeks left to the next FOMC meeting, votes are already coming in for what the Fed will do and how the crypto market will react. Probability Climbs Above 97% The CME Watch Tool from the CME Group website is now showing the highest probability so far for a Fed rate cut in September. The percentage had fluctuated over the month of August, rising above 92% and then falling back to 75% again as different developments popped up. However, as the market entered the month of September, sentiment has skewed completely toward the positive, and the probabilities have risen drastically. Related Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds Bitcoinist had reported that the probability had fallen to 75% toward the end of August. But now the figure is back again, reaching the highest level so far, ahead of the FOMC announcement. The Fed Watch Tool now reads a 97.6% chance that the Fed will cut rates this September and trigger another bull run. This figure means that there is now only a 2.4% probability that the Fed would choose to keep rates at the same level as they did the last time. In contrast, there is still a 0% chance that there will be a rate hike this September. In fact, there have not been talks of a Fed rate hike for months now, suggesting that all focus remains on the rate cuts. How The Crypto Market Could React Naturally, a Fed rate cut is bullish for both the stock and crypto markets as it allows investors to take on more risks. This triggers a flow of liquidity into the market, driving up prices rapidly, while also increasing the volatility of the market at the same time. The expectation is that the crypto market could rally off the news, especially as US President Donald Trump has been in support of rate cuts for months now. However, there is also the need to be cautious due to high expectations often leading to dashed hopes. Related Reading: Crypto Analyst Warns 90% Bitcoin Price Crash Is Coming, Here’s When In a report, the on-chain data analytics platform Santiment revealed that social conversations with the words “Fed”, “rate”, and “cut” had risen to the highest level in almost one year. This suggests a lot of bullishness already surrounding the FOMC meeting. But periods like these have often marked the top, leading to a possible “buy the rumor, sell the news” event. If the latter is the case, then it would mean that prices could rise leading up to the FOMC meeting and then crash if the announcement is different from expectations. Thus, it would be wise to be cautious around this period, especially with the expectation of high volatility. Featured image from Dall.E, chart from Tradingview.com
COINOTAG reports that the U.S. Bureau of Labor Statistics’ August release showed just 22,000 non-farm payrolls added versus ~75,000 consensus, while the unemployment rate climbed to 4.3%. The softer-than-expected U.S.
September’s Ethereum and Bitcoin ETF outflows totaled roughly $447M for Ethereum spot ETFs and $160M for Bitcoin ETFs, signaling rising institutional caution. These withdrawals highlight short-term fragility in inflow-driven markets
Bloomberg Exchange-Traded Fund (ETF) analyst James Seyffart shared his perspective on the long-awaited altcoin season and how it may differ from previous cycles following the boom of Digital Asset Treasuries and institutional adoption. Related Reading: WLFI Token Controversy: Justin Sun Denies Selling Rumors Following Address Blacklist Altseason Already Here? In a recent interview with Jay Hamilton from Milk Road, James Seyffart, senior analyst and ETF expert at Bloomberg, reaffirmed his stance that the four-year cycle theory has “lost a lot of value,” at least for this cycle. “I’m one of those people not necessarily saying this time is different, but I don’t think we’re going to, you know, peak in later this year and then drop 80%. I just don’t think that’s going to happen anymore,” he stated. The analyst previously explained that with institutional adoption and treasury companies, the cycle’s amplitude will reduce significantly, adding that this theory has gotten “muted” and “It won’t be as strict as on the money, where everything collapses in November or December.” During the Thursday interview, he affirmed that, unlike the previous cycle, the market appears to be experiencing what could be considered a “corporate” altcoin season, driven by institutional adoption, Digital Asset Treasury Companies (DATCOs), and Initial Public Offerings (IPOs). Seyffart considers that DATCOs are “taking a lot of steam” from any potential traditional altcoin season, as “they’ve been on absolute fire.” Based on this, he suggested that in the short term, the highly anticipated altcoin season is occurring on public markets through institutions: The thing is, I just think right now this market is becoming a little more institutionalized (…). I just don’t think altcoins are going to run in the same way it has in years past. Largely because the money that’s mostly driving the performance of things like Bitcoin and ETH right now is institutional money. Altcoin ETFs Demand Won’t Match BTC, ETH The ETF expert asserted that neither institutional money nor the long-awaited approval of multiple altcoin-based ETFs will fuel a rally like the BTC or ETH-based products had at launch, despite the evident interest in the investment products. “Anyone who thinks like, ‘oh, Bitcoin ETFs took in 40 billion, (…) XRP ETF is going to take in the same amount’ or whatever. That’s just not how this is going to work. These are longer tail assets,” he added. Recently, Canary Capital CEO Steve McClurg claimed that the XRP spot ETFs could hit $5 billion worth of inflows in their first month. He pointed out that after BTC, XRP is the most recognized token among Wall Street investors, which could drive significant adoption from the start and even outperform Ethereum ETFs. Related Reading: Cardano (ADA) Redemption Controversy Over? Hoskinson Shares IOG Audit Results Seyffart explained that there will be demand for the altcoin-based investment products, and “there will probably be multiple products for each of these assets to do well.” He pointed out that they will not capture the same institutional capital as Bitcoin and Ethereum ETFs, “but they’ll be trading vehicles.” However, the Bloomberg analyst expects basket products that combine multiple assets to attract significantly more interest from institutional capital, arguing that investment advisors prefer asset diversification. Featured Image from Unsplash.com, Chart from TradingView.com
Bitcoin slipped below $110,500 on Saturday, down more than 2% in 24 hours, as investor confidence in a fourth-quarter rally waned. The caution stems from analyst PlanC’s argument that relying on past halving cycles to predict price peaks is statistically flawed. PlanC compared it to the coin toss fallacy, warning traders that BTC’s history doesn’t guarantee a repeat. “There’s no statistical evidence for a Q4 peak,” he said, “market conditions have changed so much since previous cycles. Bitcoin ETF and corporate treasury holdings have changed the game, old cycle based forecasts are useless.” [ ASK A QUESTION LIVE: https://t.co/pSG4Cr3R6J ] PlanC’s analysis identifies a disconnect between bullish Q4 Bitcoin price predictions and statistical probability. The forecast hinges on psychological factors, not fundamental metrics. A cycle high this year lacks statistical… — AIR3 Agent (@AIRewardrop) September 6, 2025 This perspective has unsettled bullish sentiment, with investors now questioning whether BTC can surpass last month’s high of $124,128. Market surveys show nearly 70% of respondents expect a drop to $105,000 before a potential move higher. Analyst PlanC warns cycle data lacks statistical strength. Surveys show 70% of traders see $105,000 before new highs. Bitcoin ETFs and institutional adoption reshape old cycle patterns. Weak Jobs Data Supports BTC While sentiment around Q4 has cooled, macroeconomic conditions are offering support. The latest U.S. jobs report revealed softer-than-expected data, including weaker hiring, rising unemployment, and downward revisions to prior reports. JUST IN: Another WEAK jobs report. The US economy added only 22,000 jobs in August. That’s much weaker than expected. The unemployment rate rose to 4.3% –>Highest since October 2021. June job growth was revised down to -13,000 (!). July was revised up slightly to 79k (from… pic.twitter.com/qCzGwx6Zro — Heather Long (@byHeatherLong) September 5, 2025 Markets reacted sharply: Treasury yields dropped, the dollar index fell 0.70% and expectations for a September rate cut skyrocketed. Easier monetary conditions historically benefit Bitcoin, which loves a weaker dollar and lower borrowing costs. “Labor market weakness gives the Fed room to cut rates,” one strategist said, highlighting how this macro backdrop may reduce downside risks for BTC. While short-term caution remains, a dovish Fed could help steady Bitcoin’s price. Bitcoin (BTC/USD) Short- and Long-Term Technical Outlook The Bitcoin price prediction is neutral, as indicated by the 4-hour chart, which shows BTC forming an ascending triangle with resistance at $113,400 and higher lows since late August. The 50-SMA at $110,021 is supporting price action, and the 200-SMA at $112,606 is the pivot. RSI is at 50, showing consolidation with mild bullish divergence; momentum is stabilizing. BTC/USD Daily Price Chart – Source: Tradingview If BTC breaks above $113,400 on strong volume, upside targets at $115,400 and $117,150 come into play. Failure at resistance could drag prices back toward $108,770 support. BTC/USD Weekly Price Chart – Source: Tradingview From a long-term view, BTC remains inside a rising weekly channel. The next major resistance sits near $134,500, with Fibonacci levels projecting potential gains toward $171,000 and even $231,000 if momentum accelerates. Support between $95,000 and $100,000 should attract buyers, keeping the broader uptrend intact. Presale Bitcoin Hyper ($HYPER) Combines BTC Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation. By combining BTC’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development. The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations. Momentum is building quickly. The presale has already crossed $14.1 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012865—but that figure will increase as the presale progresses. You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card. Click Here to Participate in the Presale The post Bitcoin Price Prediction: Analyst Says Q4 Cycle Hype Ignores Statistics appeared first on Cryptonews .
Strategy's pace of BTC bids slowed down in the second part of Q3
On-chain data shows the Bitcoin spot exchange-traded funds (ETFs) have seen three waves of major inflows from the veteran hands in this cycle so far. Bitcoin Coin Days Destroyed Shot Up Alongside Earlier ETF Net Inflows As explained by CryptoQuant author Maartunn in a new post on X, Bitcoin has been observing major reshuffles related to old tokens and the spot ETFs. The spot ETFs refer to investment vehicles that trade on traditional platforms and allow investors to gain exposure to an underlying asset like BTC without having to directly own the asset. The BTC spot ETFs launched in the US in January 2024. Since then, the funds have generally enjoyed growth, with a few periods involving a particularly sharp burst of inflows. The main attraction of the ETFs is that investors unfamiliar with the cryptocurrency world can invest into BTC in a form that’s convenient to them. Related Reading: Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months When a trader invests into such a vehicle, the fund buys an equivalent amount of the cryptocurrency on the client’s behalf. This reflects as an on-chain movement into the wallets associated with the ETF. Below is the chart shared by Maartunn that shows the trend in the 30-day Bitcoin spot ETF netflow since the start of 2024. As displayed in the graph, the Bitcoin spot ETF netflow has seen a few phases of extremely positive values. These naturally correspond to a high amount of demand for the ETFs. Interestingly, there is a pattern common among these large waves of inflows. From the chart, it’s visible that the Coin Days Destroyed (CDD) gave distribution signals alongside the netflow spikes. The CDD is an on-chain indicator that measures the total number of coin days that are being “destroyed” in transactions across the BTC network. A coin day is a quantity that one BTC accumulates after staying dormant on the blockchain for one day. When a token dormant for some number days is moved, its coin days counter returns back to zero. The coin days that it had previously been carrying are said to be destroyed. Generally, spikes in this metric correspond to activity from the diamond hands of the network. These HODLers tend to accumulate a massive amount of coin days with their patience, so when they finally break their silence, large-scale destruction of coin days takes places. The three major Bitcoin ETF net inflow waves of Summer 2024, Fall 2024, and Summer 2025 all accompanied a distribution signal from the CDD, which suggests a rotation of coins happened from the veteran hands to new demand coming through these vehicles. Related Reading: Dogecoin Signal That Nailed The Top Says It’s Time To Buy Since the latest such wave, the ETF netflow has calmed down to the neutral level, meaning demand has gone cold. “ETF inflows are key,” notes Maartunn. “Without strong new demand, selling pressure from new holders could increase.” BTC Price At the time of writing, Bitcoin is trading around $110,500, up 2% over the past week. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Bitcoin’s price action over the past week has been anything but steady, with the leading cryptocurrency bouncing between $107,414 and $113,225. The broad trading range confirms the uncertainty prevailing across global markets, where macroeconomic signals have largely dictated investor sentiment. The total crypto market cap slipped about 2% over the week, settling at $3.899 trillion by Friday’s close. Although there were flickers of optimism during mid-week trading, enough to briefly push the Crypto Fear and Greed Index into “greed” territory, the mood ultimately cooled. By week’s end, the index had slipped back to a neutral reading of 48, as traders weighed the likelihood of a Federal Reserve rate cut this month. Altcoins, meanwhile, posted mixed results. Most top-tier assets ended the week with only modest moves, with gains mostly concentrated in a handful of outperformers. Why is the Bitcoin price stuck? Bitcoin did manage to gather some momentum mid-week, climbing steadily after a clean bounce off the $110,000 support level. That technical rebound sparked a short-lived rally, with BTC/USD briefly pushing to new September highs near $113,400. But just as quickly as the rally came, it faded. Bitcoin shed nearly $3,000 within an hour as profit-taking and fresh macro data sapped the upward push. At the centre of this tug-of-war is the Federal Reserve. Traders are currently pricing in more than a 90% probability that the Fed will cut rates by 25 basis points at its upcoming policy meeting on September 17. That looming decision has already sparked a mild risk-on tilt across global markets, and Bitcoin, often seen as a high-beta proxy for speculative appetite, was among the early beneficiaries. Lower borrowing costs typically create a more favourable backdrop for risk assets, and BTC has historically responded quickly to even hints of monetary easing. The current sentiment is further reinforced by expectations of not just one, but at least two rate cuts by the end of 2025. That kind of dovish policy trajectory is exactly the sort of macro setup in which Bitcoin tends to flourish. ETF inflows this week added fuel to the optimism. Spot Bitcoin ETFs saw net inflows of $332.7 million on Tuesday alone, the highest in two weeks, according to CoinGlass. It was a telling signal that institutional capital hasn’t lost interest, just waiting for the right macro cue. However, markets were jolted by the latest US nonfarm payrolls (NFP) data, which came in significantly below expectations. Only 22,000 jobs were added in August, well under the forecasted 75,000. The dollar stumbled on the weak labour readout, while gold surged to new all-time highs, classic moves in anticipation of policy easing. Yet Bitcoin, curiously, failed to fully capitalise. Despite the data aligning with a rate-cut narrative, BTC’s reaction was underwhelming. Prices dipped shortly after brushing September highs, a move that left many traders scratching their heads. While the labour market data supports the case for looser monetary policy, which is typically bullish for crypto, the lacklustre price response suggests the market is still searching for conviction. As trading resource The Kobeissi Letter pointed out, this was the second-lowest jobs report since July 2021, with downward revisions on prior months adding to the bleak picture. Will Bitcoin price go up? Zooming out, despite the late-week downturn that was unfolding at the time of publication, Bitcoin’s trajectory over the past 7 days has been upward. However, the question now remains whether this trend will continue or we will see a price reversal. To gauge that, analysts were observing certain critical areas that could potentially influence the upcoming direction. One key zone under scrutiny is the 200-period moving average on the 4-hour chart—both the simple (SMA) and exponential (EMA) varieties. Popular trader Daan Crypto Trades flagged this level as a crucial barometer for momentum in the short to mid-term. In a post on X, he noted that these moving averages have acted as stubborn resistance for weeks and are now being retested again. “These have both acted as resistance for the past few weeks and are now being tested again,” he wrote, hinting that a decisive break above could shift sentiment. Fellow market watcher ZYN echoed the sentiment, pointing specifically to the $113,000 region as the threshold to beat. BTC/USDT – 1-day price chart. Source: ZYN on X. “This is a very crucial level to reclaim for more upside,” he noted, adding that bulls would “be fully back” if Bitcoin could establish support above that zone. That area—just before the NFP print—was widely considered the short-term battleground for control. But not everyone is convinced that BTC may be out of the woods yet. Bearish takes are still circulating, with some voices warning that the recent rally may have been more technical than trend-setting. Investor and market analyst Ted Pillows reiterated his view that Bitcoin could slide further, especially if current support levels fail to hold. Ted @TedPillows · Follow $BTC has been stuck in a range for months now.I’m expecting a retest of $100K-$102K level before reversal.Also, if this level doesn’t hold, BTC could go around $92K-$94K CME gap level. 6:21 pm · 5 Sept 2025 207 Reply Copy link Read 118 replies Gaps in CME futures trading have historically acted like gravity wells, often pulling prices toward them when broader sentiment turns risk-averse. And while gaps aren’t guaranteed to fill, they tend to loom large in technical forecasts, particularly during periods of heightened volatility. When looking at the weekly liquidation heatmap for the BTC/USDT trading pair on Binance, some key support and resistance levels start to come into focus. Heavy liquidation clusters can be seen forming just below the $111,000 level and again around $108,000, areas where both long and short positions were recently wiped out. Binance BTC/USDT Weekly Liquidation heatmap. Source: Coinglass. These bands of historical liquidations often act as soft support or resistance zones moving forward, as traders are cautious about re-entering positions too aggressively in areas of recent forced exits. One particularly active region sits around $110,000, which aligns with the area Bitcoin bounced from earlier this week. This level now acts as a psychological and technical anchor. Should BTC revisit this zone and hold, it could serve as a launchpad for another retest of the upper end of the range. On the flip side, downside liquidity continues to build between $106,000 and $103,500, with visible liquidation interest thickening near $104,000. If sellers manage to push price through the $108K–$110K soft floor, Bitcoin could be drawn into that zone, where aggressive liquidation of leveraged long positions could cascade into a deeper dip. To the upside, multiple heat pockets are visible near $113,500 to $114,000, which is where Bitcoin recently topped out before its abrupt drop. If BTC can reclaim and consolidate above $113K, a move toward $115,000 or even $117,000 isn’t off the table, but it will require strong bullish momentum and fresh catalysts, likely from macroeconomic data or institutional flows. At press time, Bitcoin was trading above the $110k support area, with a little over 2.6% in profits booked over the past 7 days. Altcoin market recap The total market cap of all altcoins rose to a weekly high of $1.75 trillion before settling at $1.69 trillion, up 4.3% over the week. Ethereum traded sideways this week as bulls and bears battled for control, with the price fluctuating between $4,250 and $4,450. As of press time, the leading altcoin by market cap was trading at $4,282, down about 1% on the week, with a market cap of $516.5 billion. Other large-cap altcoins like XRP (XRP), Solana (SOL), Dogecoin (DOGE) and Tron (TRX) also posted similar losses ranging between 1-3% in the last 7 days. MemeCore (M) stood out as the leading gainer of the week with triple-digit gains of 242%, far outpacing Story (IP) and Pump.fun (PUMP), which recorded gains of 31.6% and 30.4% respectively. Source: CoinMarketCap MemeCore: MemeCore’s skyrocketing gains this week stem from investor hype and heavy community marketing around Korea Blockchain Week. An X post from a community member revealed that the project rented out Seoul’s iconic Lotte World theme park for the final night of the event. The park would be open to all KBW attendees and certified community testers. However, pulling off such a costly arrangement suggests the project is deploying significant capital to build cultural relevance. As many of these attendees also hold M tokens, community members are likely ramping up their holdings on the belief that the success of the theme park experience could largely depend on the token’s performance. Story : The primary catalyst behind Story’s rally today stems from the official launch of Poseidon’s first application, a training data collection app for physical AI operations. IP’s gains were also supported after Aria Protocol Labs and the Aria Foundation, both tied to the Story-based IP tokenisation platform Aria, revealed they had secured $15 million through their recent combined seed and strategic funding rounds. Finally, community-driven activity has added fuel to the rally. With more than 1,000 tokens deployed on ip.world as of press time, the IP coin narrative is spreading rapidly as it gains grassroots adoption. Pump.fun : PUMP’s rally this week was fueled by Pump.fun’s aggressive buyback of nearly $12.2 million worth of tokens from the open market over the past week. More broadly, its gains were supported by Pump.fun’s newly introduced strategic overhaul, Project Ascend, unveiled earlier this month. The initiative aims to empower creators on the platform while targeting scaling the ecosystem by 100x over the coming months. The post BTC price stuck despite Fed cut bets; altcoins M, IP, PUMP show some strength appeared first on Invezz