Bitcoin Price Drops to $108,000

[Suba]

After BTC reached a high of $124,457 (Aug 14, 2025), this morning, Aug 30, 2025, Bitcoin dropped to $108,000. Today, on the OKEx exchange, the Bitcoin price is showing $108,457, a correction of around $16,000, or approximately $13%.

One factor contributing to the BTC price drop is declining investor confidence following the release of US macroeconomic data, which has resulted in a surge in selling and increased market volatility. Furthermore, there is a delay in ETF entry signals. The majority of Polymarket users predict that the BTC price will fall to $108,000, but there is significant potential for a rebound in Q3, with BTC reaching above $130,000.

 

[gwolf666]

Bitcoin peaked at $124,457 on August 14, 2025, and this morning, August 30, 2025, its price dropped to around $108,457 on the OKEx platform, a correction of about $16,000 or approximately 13%. This drop is attributed to lower investor confidence following US macroeconomic data and delayed ETF entry signals, although the price is expected to recover and exceed $130,000 in the third quarter.