Bitcoin News Today: Bitcoin Slides Below $115K as Altcoins Lose 5.5% Amid Tariff Fears

Bitcoin's price dipped below $115,200 on August 4, 2025, amid growing concerns over potential U.S. tariffs and a broader shift toward risk-averse strategies in global markets. The decline, which saw the cryptocurrency fall from a recent low of $113,000, triggered a chain reaction across the altcoin market. Smaller cryptocurrencies experienced a sharper pullback, with some losing up to 5.5% in a single day following Bitcoin’s slide[1].

The Altcoin Season Index, a metric tracking the relative strength of altcoins versus Bitcoin, dropped to 38 by August 6, signaling a return in investor preference toward Bitcoin. Bitcoin’s dominance in the cryptocurrency market rose to 60.9%, highlighting the ongoing retreat of capital from smaller digital assets[2]. The shift reflects a broader trend of institutional and retail investors consolidating positions in Bitcoin amid macroeconomic uncertainty[3].

Despite the recent dip, some analysts remain optimistic about Bitcoin’s long-term trajectory. According to analyst CryptoCon, Bitcoin could rise to $166,000 if it follows a Fibonacci pattern seen in previous movements[7]. Meanwhile, the market is watching closely for signs of a sustained rebound, particularly as Bitcoin recovers toward $115,000. The asset’s recent performance has drawn attention following a net inflow of capital reported by Bitwise, suggesting renewed interest in Bitcoin-based investment products[5].

Market sentiment remains cautious, with Polymarket traders assigning a 49% probability that Bitcoin could dip below $100,000 by the end of 2025[8]. However, Bitcoin has already surpassed the $100,000 mark in 2025, and some experts believe it still has room to rise further before the year ends[9]. The potential for Bitcoin to break the $150,000 barrier remains a topic of discussion among traders and investors, though the path appears uncertain given the recent volatility.

Investors are also turning to Bitcoin miners, which are seen as a more stable bet in the current market climate, offering returns tied to the U.S. dollar[4]. In contrast, altcoin traders are holding off on major investments, waiting for clearer signals that the market has stabilized and that an “altcoin season” might return. The broader market remains sensitive to macroeconomic shifts, with Bitcoin’s performance serving as both a bellwether and a barometer for sentiment across digital assets[6].

Source:

[1] Bitcoin News Today: Bitcoin's 1.6% Dip Drags Altcoins 5.5% - [https://www.ainvest.com/news/bitcoin-news-today-bitcoin-1-6-dip-drags-altcoins-5-5-19-market-shifts-bitcoin-season-2508/](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-1-6-dip-drags-altcoins-5-5-19-market-shifts-bitcoin-season-2508/)

[2] Bitcoin News Today: Altcoin Season Index Drops to 38 as ... - [https://www.ainvest.com/news/bitcoin-news-today-altcoin-season-index-drops-38-bitcoin-dominance-rises-60-9-2508/](https://www.ainvest.com/news/bitcoin-news-today-altcoin-season-index-drops-38-bitcoin-dominance-rises-60-9-2508/)

[3] Bitcoin (BTC) Price Today: Bitcoin Climbs from $113K Dip ... - [https://bravenewcoin.com/insights/bitcoin-btc-price-today-bitcoin-climbs-from-113k-dip-will-michael-saylors-third-largest-btc-purchase-spark-a-surge](https://bravenewcoin.com/insights/bitcoin-btc-price-today-bitcoin-climbs-from-113k-dip-will-michael-saylors-third-largest-btc-purchase-spark-a-surge)

[4] Bitcoin Dips Below $115K Amid Tariff Jitters—Seasoned ... - [https://coincentral.com/bitcoin-dips-below-115k-amid-tariff-jitters-seasoned-investors-turn-to-btc-miners-stable-7-usd-returns/](https://coincentral.com/bitcoin-dips-below-115k-amid-tariff-jitters-seasoned-investors-turn-to-btc-miners-stable-7-usd-returns/)

[5] Asia Morning Briefing: BTC Rebounds Toward $115K as ETF ... - [https://finance.yahoo.com/news/asia-morning-briefing-btc-rebounds-012206123.html](https://finance.yahoo.com/news/asia-morning-briefing-btc-rebounds-012206123.html)

[6] Is BTC repeating path to $75K? 5 things to know in Bitcoin ... - [https://cointelegraph.com/news/is-btc-repeating-path-to-75k-5-things-bitcoin-this-week](https://cointelegraph.com/news/is-btc-repeating-path-to-75k-5-things-bitcoin-this-week)

[7] Cryptocurrency Live News & Updates : Bitcoin Could ... - [https://m.economictimes.com/crypto-news-today-live-04-aug-2025/liveblog/123081462.cms](https://m.economictimes.com/crypto-news-today-live-04-aug-2025/liveblog/123081462.cms)

[8] Asia Morning Briefing: BTC Rebounds Toward $115K as ... - [https://www.coindesk.com/markets/2025/08/05/asia-morning-briefing-btc-rebounds-toward-usd115k-as-etf-flows-return-but-traders-still-price-tail-risk](https://www.coindesk.com/markets/2025/08/05/asia-morning-briefing-btc-rebounds-toward-usd115k-as-etf-flows-return-but-traders-still-price-tail-risk)

[9] Bitcoin's 2025 Outlook: Can It Break The $150K Barrier? - [https://blockchainreporter.net/bitcoins-2025-outlook-can-it-break-the-150k-barrier/](https://blockchainreporter.net/bitcoins-2025-outlook-can-it-break-the-150k-barrier/)