The spotlight remains on the Bitcoin market as turbulence builds in the lead-up to August. As of now, the Bitcoin price sits around $118,370, but recent market activity suggests that may not hold for long. Meanwhile, one of the best-performing new viral presales, DeSoc, continues to gain traction as investors seek out higher upside plays.
This shift in attention comes as macro factors, technical setups and presale momentum collide. And while Bitcoin remains the market anchor, the capital rotation into promising altcoins like $SOCS is becoming impossible to ignore.
Bitcoin News Today: Whale Transfers Spark Panic
Galaxy Digital, a firm often seen as a long-term holder of Bitcoin, has raised eyebrows after transferring 2,850 BTC (worth over $330 million) to exchanges. This move, coupled with a rapid 10,000 BTC transfer over just 8 hours, sparked a 3% price drop in a matter of hours.
Adding to the bearish narrative, Bitcoin dominance is on the verge of a three-week MACD bearis
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