Bitcoin News Today: Bitcoin Falls Below $113,000 Amid Market Volatility and $900M in Liquidations

Bitcoin's price continued to decline on August 3, 2025, falling below the $113,000 level amid broader market instability. The cryptocurrency briefly touched intraday lows of $112,584 before recovering slightly to $112,864, reflecting ongoing volatility. Ethereum also experienced a sharp drop, falling 3.73% to $3,425 within 24 hours. The selloff, which affected both major and smaller cryptocurrencies, pushed the total market capitalization below $3.69 trillion [1][2].

The downturn coincided with heightened liquidations, with nearly $900 million in long positions being wiped out across the market. Analysts attribute the decline to macroeconomic uncertainty and geopolitical tensions, which have heightened investor caution and reduced trading activity [2]. Intraday swings, with Bitcoin shedding as much as 3% in one session and over 5% in another, underscored the fragility of market sentiment.

Despite the bearish trend, some market observers have remained optimistic. Eric Trump has publicly endorsed a “Buy The Dip” strategy, signaling confidence in Bitcoin’s long-term potential [1]. Van de Poppe, a well-known crypto commentator, has also encouraged accumulation, viewing the current correction as an opportunity ahead of a potential rebound in August [7]. However, others have warned of further declines, noting that Bitcoin has historically fallen in eight of the last 12 August–September periods, suggesting a 67% probability of a drop in the current timeframe [6].

Analysts have suggested that if Bitcoin continues to fall below $117,000, a short-term correction to between $113,000 and $112,000 may occur before the next potential upward move [8]. This outlook highlights the cautious positioning among investors, who are closely monitoring economic indicators and regulatory developments.

The ongoing volatility underscores the sensitivity of the cryptocurrency market to global financial trends and geopolitical developments. While some see the current dip as a buying opportunity, the lack of clear catalysts for a sustained recovery means that stabilization remains uncertain. Investors are being advised to remain vigilant and closely track macroeconomic signals to navigate the uncertain landscape ahead.

Source: [1] Eric Trump Flashes 'Buy The Dip' Sign As Bitcoin And ... (https://coingape.com/eric-trump-flashes-buy-the-dip-sign-as-bitcoin-and-ethereum-price-crash/)

[2] Bitcoin News Today: Bitcoin Slides Below $113000 Amid ... (https://www.ainvest.com/news/bitcoin-news-today-bitcoin-slides-113-000-geopolitical-tensions-macroeconomic-concerns-2508/)

[3] Bitcoin Falls to $112680 as Crypto Market Dips 3.4% (https://thecurrencyanalytics.com/bitcoin/bitcoin-drops-to-112680-as-market-selloff-wipes-billions-from-crypto-sector-188454)

[4] Bitcoin Price Drop: Unveiling the Shocking Fall Below ... (https://www.bitget.com/news/detail/12560604892464)

[5] What Triggered the Crypto Crash and Liquidation Spike? (https://www.banklesstimes.com/articles/2025/08/01/what-triggered-the-crypto-crash-and-liquidation-spike/)

[6] Bitcoin Faces 67% Probability of Decline in August and ... (https://www.binance.com/en-IN/square/post/08-02-2025-bitcoin-faces-67-probability-of-decline-in-august-and-september-lookonchain-warns-27772443544001)

[7] Bitcoin Drops 5% As Altcoins Bleed: Van de Po... (https://coinstats.app/news/79d59af239432acc5e1184c0854839fa8b1efa6b2f70acaf7cb7d789404cebec_Bitcoin-Drops-5-As-Altcoins-Bleed-Van-de-Poppe-Sees-Correction-as-Opportunity-Urges-Accumulation-Ahead-of-Potential-August-Recovery)

[8] Bitcoin Price Prediction 2025, 2026- 2030: Will BTC Break ... (https://coindcx.com/blog/price-predictions/bitcoin-price-weekly/)