Bitcoin News Today: Bitcoin Holds Above $110,000 as Analysts Predict 14.29% to 71.43% Gains for New Altcoins

Bitcoin has maintained a steady position above the $110,000 threshold, reinforcing bullish momentum in the broader cryptocurrency market [3]. Institutional capital flows have returned, signaling renewed confidence and technical strength [3]. On-chain data indicates continued accumulation, with Bitcoin forming a stable base following its mid-July peak near $123,000 [7]. Analysts stress that maintaining support above $110,000 is critical to the continuation of the upward trend [4]. If the level holds, the market anticipates further upward movement, with price projections reaching as high as $130,000, $150,000, or even $500,000 [7]. One analyst using Elliott Wave analysis predicts a 5-wave pattern concluding by year-end, with a target of $135,000 to $140,000 [7]. Additionally, Nick Forster of Derive estimates a 56% chance of Bitcoin reaching $150,000 by year-end, with a 12% probability of hitting $200,000 [7]. A breakdown below $112,000, however, could trigger a correction toward $100,000 by late September [7].

Amid this bullish backdrop, alternative crypto projects have drawn increasing attention. Mutuum Finance (MUTM), a decentralized lending protocol, has raised over $14.1 million in its presale, attracting more than 14,900 individual investors [1]. The project is currently in Phase 6 of its presale, with tokens priced at $0.035. A projected price increase to $0.04 in the next phase offers early buyers a potential 14.29% gain, while the token's eventual listing at $0.06 could deliver a 71.43% return on investment [1]. Mutuum Finance combines a P2P and P2C lending model with a USD-pegged stablecoin built on Ethereum, offering users high returns, flexibility, and full control over their assets. Its codebase has been audited by CertiK with a 95.0 trust score [1], and the project is also running a $50,000 USDT bug bounty program to further ensure code integrity and security.

In parallel, the Bitcoin Hyper project is also drawing interest, having raised over $7 million through its presale. Its native token, HYPER, is trading at $0.012525, with stakers earning a 153% APY. The project aims to leverage Solana’s virtual machine to scale Bitcoin, enabling fast, low-cost transactions for DeFi and gaming applications [7].

However, the market faces risks. A large "Satoshi-era" Bitcoin wallet recently dumped $9 billion worth of BTC, sparking bearish interpretations that early holders may be losing confidence [9]. Analysts also note that Bitcoin could experience a short-term retracement to $111,000 as it resolves internal imbalances before continuing its bullish trajectory [5].

Despite these risks, the broader market remains in a favorable position. Bitcoin’s ability to maintain a position above $110,000 has supported positive sentiment across the sector, with Ethereum and other altcoins also showing gains [3]. As the crypto landscape evolves, projects with real-world utility and strong fundamentals, such as Mutuum Finance, are emerging as compelling options for investors seeking the next big opportunity.

Source:

[1] Cryptopolitan - [https://partner.cryptopolitan.com/best-crypto-to-buy-now-as-bitcoin-holds-firm-above-110000/](https://partner.cryptopolitan.com/best-crypto-to-buy-now-as-bitcoin-holds-firm-above-110000/)

[3] The - [https://m.economictimes.com/markets/cryptocurrency/bitcoin-holds-above-114500-experts-see-breakout-potential-amid-rising-inflows/articleshow/123159799.cms](https://m.economictimes.com/markets/cryptocurrency/bitcoin-holds-above-114500-experts-see-breakout-potential-amid-rising-inflows/articleshow/123159799.cms)

[4] Mitrade - [https://www.mitrade.com/insights/news/live-news/article-3-1017546-20250807](https://www.mitrade.com/insights/news/live-news/article-3-1017546-20250807)

[5] Mitrade - [https://www.mitrade.com/au/insights/news/live-news/article-3-1019346-20250807](https://www.mitrade.com/au/insights/news/live-news/article-3-1019346-20250807)

[7] 99Bitcoins - [https://99bitcoins.com/news/presales/btc-usd-could-skyrocket-to-140k-target-in-september-best-crypto-to-buy-now/](https://99bitcoins.com/news/presales/btc-usd-could-skyrocket-to-140k-target-in-september-best-crypto-to-buy-now/)

[9] Yahoo - [https://finance.yahoo.com/news/satoshi-era-bitcoin-whale-just-161852746.html](https://finance.yahoo.com/news/satoshi-era-bitcoin-whale-just-161852746.html)