Bitcoin News Today: Bitcoin Dips 3.52% After Record High but Long-Term Holders Sustain Stability

Bitcoin’s price dipped 3.52% following a record high of $123,091 on July 13, 2025, but long-term holders are maintaining stability amid short-term volatility. Investors holding Bitcoin for over 155 days have a Net Unrealized Profit above 0.5, indicating over 50% unrealized gains and a reluctance to sell. This confidence is critical in preventing further declines near the $104,000 support level and reinforcing the ongoing bull run [1].

Institutional investors, including Metaplanet, are also playing a key role by accumulating Bitcoin, which increases market confidence and liquidity. The continued buying by these large entities reduces the circulating supply and supports price stability. Additionally, entities associated with Bitfinex are reported to be purchasing 300 BTC daily, further reinforcing accumulation trends [1].

Despite the recent price correction, Bitcoin is currently trading around $114,450, with a modest 0.63% gain in the last 24 hours. The price has fluctuated between $113,546 and $114,984 during this period. However, trading volume has fallen by 14.98% to $48.43 billion, a decline often attributed to short-term traders taking profits. Analysts remain optimistic, noting that this volume drop does not necessarily signal a bearish trend, especially with long-term holders and institutional buyers continuing to support the market [1].

Public figures like Eric Trump have reinforced this bullish outlook by advocating a “buy the dips” strategy on X, emphasizing the long-term potential of Bitcoin and Ethereum. His comments align with broader institutional buying activity and highlight the influence of high-profile endorsements in shaping market sentiment [1].

On-chain data also reveals renewed demand from institutional or high-net-worth players, which could stabilize short-term price movements and improve liquidity for BTC [10]. A technical analysis from Changelly forecasts a potential 2.32% increase to $116,716.15 by August 5, 2025, though this remains speculative and not an actual market movement [8]. The CME gap between $115,700 and $114,300 has been officially filled, raising questions about the next directional move [9].

Bitcoin mining operations continue to maintain stable profitability, suggesting resilience within the industry despite market turbulence [4]. While short-term corrections remain possible, the broader market positioning indicates that price stability could persist if accumulation continues at the current pace. Investors are advised to focus on risk management and remain disciplined in navigating the evolving landscape [1].

Sources:

[1] eblockmedia.com (http://www.eblockmedia.com/news/articleView.html?idxno=25159)

[4] ChainCatcher (https://www.chaincatcher.com/en/article/2194945)

[5] Coinstelegram (https://coinstelegram.com/news/eric-trump-re-issues-buy-the-dip-call-for-bitcoin-and-ethereum-amid-market-turbulence/)

[8] Changelly (https://changelly.com/blog/bitcoin-price-prediction/)

[9] TradingView (https://www.tradingview.com/symbols/HTX-BTCUSD1%21/ideas/?contract=BTCUSD08Q2025&sort=recent)

[10] Blockchain News (https://blockchain.news/flashnews/bitfinex-whale-resumes-aggressive-bitcoin-btc-twap-buying-at-300-btc-per-day-on-chain-analysis)