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Bitcoin price stabilizes around $117k, with upside potential still present We witnessed a correction in the BTCUSD price after reaching a new all-time high above $124k. The price then fell to around $117k. This stable price movement within a narrow range occurred for four consecutive days, with movement near the middle band line. Fundamentally, Bitcoin is currently in an interesting phase, with several key factors likely influencing its movement. Market sentiment and institutional adoption remain the main drivers of Bitcoin price movements. Currently, the crypto market generally shows neutral to slightly bullish sentiment. The Fear and Greed Index is at 59, indicating the market is not experiencing excessive euphoria or panic. This is a healthy signal, as inflows into spot Bitcoin ETFs remain consistent, indicating continued interest from institutional investors. Bitcoin recently experienced a correction following a disappointing US PPI report. This demonstrates that, despite its role as an independent asset, Bitcoin is still influenced by US macroeconomic data. Movements in the Fed's interest rate and the US dollar exchange rate remain important factors influencing Bitcoin's price movements. Meanwhile, miner activity in August 2025 will influence BTC price movements due to the balance between miner sales and institutional inflows. If miners continue to sell BTC to cover operational costs, this could create selling pressure. However, if institutional demand is stronger, the potential for Bitcoin price increases remains open. Overall, the long-term fundamental sentiment for BTCUSD remains positive, with some analysts predicting BTC could reach $150,000, even after hitting a record high above $124,000 in August. Technically, the BTCUSD price movement is showing signs of consolidation, hovering around $117k-$118k, with support at $111k-$112k. Stronger support is around $108k.

Solana (SOL) has been showing strong growth, recently climbing higher with solid network activity, while Dogecoin (DOGE) is riding renewed whale accumulation that pushed its price up sharply. Both coins are attracting fresh attention, proving that even in a crowded market, momentum tokens still know how to shine. At the same time, BingX is giving new traders a big chance with its PnL Ranking Contest, running from August 14 to August 30, 2025 (UTC+8). By completing just one first spot trade on pairs like BTC/USDT, ETH/USDT, SOL/USDT, or DOGE/USDT, users can compete for a share of the $50,000 BTC prize pool. The top 150 traders will be rewarded, with higher ranks taking bigger prizes. Will you compet in a trading contest for a share of $50K in BTC?

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Stimulus checks may (or may not) come, but in the meantime, some Web3 projects are offering real alternatives, and PublicAI might be one of the smartest yet. $PUBLIC is the token powering an AI ecosystem where contributors train models by submitting and verifying data. You don’t need to invest or speculate, you earn by doing. That’s what I like about it. They’ve just listed on BingX, and there’s a 1.36M token carnival running, basically a reward pool for early contributors and traders. Curious what others think, would you consider working with a crypto project like this instead of waiting on financial aid?

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Cardano’s trending right now the ecosystem is buzzing with new smart contract rollouts and governance proposals attracting real participation. That kind of community activity shows what happens when users feel both empowered and rewarded. In that spirit, I discovered BingX’s $200,000 Referral Bonanza. It’s a simple idea: invite your friends to join, and everyone shares crypto rewards. Not just you benefiting, but a group of friends earning together. Shared rewards tap into collective motivation. It turns the individual act of inviting into a group incentive. People aren’t just signing up they’re bringing their friends because everyone wins. That strengthens bonds and loyalty. And with a big reward pool, participants have tangible motivation to spread the word. When people feel part of something sharing achievements and rewards they become more engaged and more likely to stick around. That’s exactly the kind of community building that makes platforms like Cardano thrive. What referral models do you think drive organic growth best flat rewards, performance based bonuses, or network milestones?