{"id":75901,"date":"2025-08-18T17:06:07","date_gmt":"2025-08-18T17:06:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/75901\/"},"modified":"2025-08-18T17:06:07","modified_gmt":"2025-08-18T17:06:07","slug":"btc-drops-below-115k-amid-profit-taking-wave","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/75901\/","title":{"rendered":"BTC Drops Below $115K Amid Profit-Taking Wave"},"content":{"rendered":"<p>Bitcoin <\/p>\n<p> has fallen more than 7% dipping below $115,000, since hitting its all-time high of over $124,000, as traders booked in over $3.5 billion of realized profits across the weekend, according to Glassnode data. <\/p>\n<p>Saturday alone saw $3.3 billion in profit taking, the largest single-day figure since mid-July and one of the highest in 2025.<\/p>\n<p>For most of this year, profit has been realized almost daily, with only around 10 sessions showing net losses. The trend reflects BTC\u2019s steady climb from $90,000 at the start of 2025.<\/p>\n<p>Since hitting a low of $76,000 in April, profit taking has accelerated, especially as the $100,000 milestone triggered renewed selling pressure.<\/p>\n<p>This latest downturn follows bitcoin\u2019s all-time high of $124,000 earlier in August. Each correction this year from all-time highs, has been smaller than the last, suggesting more resilience as the market matures: January\u2019s drawdown reached 30%, May\u2019s was 12%, July\u2019s 9%, and August\u2019s pullback now sits at 8%.<\/p>\n<p>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/18\/metaplanet-expands-bitcoin-treasury-by-775-btc-assets-outweigh-debt-18-fold\" rel=\"nofollow noopener\" target=\"_blank\">Metaplanet Expands Bitcoin Treasury by 775 BTC, Assets Outweigh Debt 18-Fold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin has fallen more than 7% dipping below $115,000, since hitting its all-time high of over $124,000, as&hellip;\n","protected":false},"author":2,"featured_media":75902,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[779,84,59,38901,56,54,55],"class_list":["post-75901","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin","tag-business","tag-gb","tag-glassnode","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/75901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=75901"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/75901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/75902"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=75901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=75901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=75901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}