Bitcoin’s Resilient Rebound: A Macroeconomic Hedge Amid Market Turbulence
Bitcoin has demonstrated remarkable resilience by rebounding above $104,300 despite recent market turbulence triggered by global trade tensions. This recovery follows nearly $1 billion in liquidations, highlighting Bitcoin's growing role as a macroeconomic hedge. Institutional players such as Strategy (formerly MicroStrategy) and GameStop continue to accumulate BTC, signaling strong confidence in the cryptocurrency's long-term value. Technical analysis indicates a clear bottoming pattern between $103,200 and $103,400, where buyer activity has been concentrated. This bullish momentum underscores Bitcoin's potential to weather macroeconomic uncertainties and maintain its upward trajectory. As of July 28, 2025, Bitcoin's performance continues to attract both institutional and retail investors, reinforcing its position as a cornerstone of the digital asset ecosystem.
Bitcoin Rebounds Above $104,300 Amid Market Turbulence
Bitcoin has staged a robust recovery, climbing back above $104,300 after global trade tensions triggered nearly $1 billion in liquidations. The cryptocurrency's resilience underscores its growing role as a macroeconomic hedge, with institutional players like Strategy (formerly MicroStrategy) and GameStop continuing to accumulate BTC.
Technical analysis reveals a clear bottoming pattern between $103,200-$103,400, where buyers consistently emerged. The breakout above $104,000 was accompanied by strong volume, suggesting the correction may have run its course. In the last hour alone, BTC surged from $104,146 to $104,303 on substantial trading volume.
Market structure now points to a new support base forming, potentially setting the stage for continuation of the broader uptrend. 'When volatility shakes out weak hands, strong holders remain,' observes a CoinDesk analyst, noting the $104,080-$104,090 zone has become critical short-term support.
Michael Saylor's Bitcoin Strategy Gains Global Traction Amid Wall Street Skepticism
Michael Saylor's aggressive Bitcoin accumulation strategy is gaining international momentum, with corporations like Metaplanet and GameStop following his lead. The MicroStrategy founder's approach has propelled his firm's market valuation beyond $80 billion since 2020, though traditional financial institutions remain cautious.
Recent moves by TRUMP Media to raise $2.5 billion for bitcoin purchases and GameStop's $500 million allocation demonstrate growing corporate adoption. However, equity markets reacted negatively, with both companies' shares dropping significantly post-announcement. Meanwhile, MicroStrategy's stock has surged 26-fold since 2022, with its Bitcoin holdings now valued at over $60 billion.
Jamie Dimon Prioritizes Defense Over Crypto Reserves
JPMorgan CEO Jamie Dimon has urged the U.S. government to focus on bolstering defense capabilities rather than establishing a national cryptocurrency reserve. Speaking at the Reagan National Defense Forum, Dimon dismissed the idea of stockpiling Bitcoin, emphasizing tangible military needs like equipment and rare earth elements.
"We should not be stockpiling Bitcoin. We know what we want, and it's not a secret," Dimon stated, advocating instead for investments in weapons, ammunition, and advanced technology. His remarks come despite growing government interest in cryptocurrencies as strategic assets.
The banking executive's stance highlights a deepening divide between traditional finance leaders and crypto proponents. While the White House has shown support for digital assets, Dimon's comments reflect Wall Street skepticism about their role in national security strategy.
Twenty One Capital Expands Bitcoin Holdings with $100 Million Boost
Twenty One Capital is making a bold MOVE in the cryptocurrency space, raising $100 million to significantly expand its Bitcoin portfolio. The firm, already the third-largest publicly listed Bitcoin holder with 31,500 BTC, aims to close the gap with market leaders like Michael Saylor's MicroStrategy and MARA Holdings.
The fresh capital injection comes from convertible bond sales, showcasing growing institutional confidence in Bitcoin as a Core asset. With Bitcoin's price hovering around $104,782 at the time of announcement, this strategic accumulation reflects intensifying competition among corporate Bitcoin investors.
Tether's backing adds credibility to Twenty One Capital's latest funding round, as detailed in their SEC 8-K filing. The company previously acquired 4,812 Bitcoins for $458.7 million, demonstrating its consistent accumulation strategy in a volatile market.
Bitcoin Solaris Presale Nears End With Fixed-Cap Model Mirroring Bitcoin's Original Supply
Bitcoin Solaris (BTC-S) enters the final phase of its presale today at $5 per token, offering a supply model that rigidly adheres to Bitcoin's original 21 million hard cap. The project allocates 4.2 million tokens for presale, with zero provisions for post-launch inflation or hidden emissions—a deliberate contrast to flexible-supply chains dominating the current market.
The Helios architecture underpinning BTC-S combines Proof-of-Stake and Proof-of-Capacity mechanisms, aiming to resolve scalability issues plaguing high-performance blockchains. Its Solaris LAYER promises mobile mining compatibility from launch—a feature absent in Bitcoin's 2009 debut.
Ross Ulbricht’s Prison Relics Fetch $1.8M in Bitcoin Auction
Ross Ulbricht, the convicted founder of Silk Road, has transformed personal artifacts from his prison years into a lucrative Bitcoin auction. The sale, conducted exclusively via a Bitcoin marketplace, netted over $1.8 million despite broader market weakness. A prison ID card sold for 11 BTC, while handwritten notes, clothing, and sneakers drew fervent bidding from crypto collectors.
Ulbricht’s creative output also found demand. Oil paintings made during incarceration, including one titled "Archway," collectively fetched 2.4 BTC. The auction coincides with shifting regulatory winds, including recent dismissals of cases against privacy tool developers. Ulbricht, pardoned by former President Trump, recently appeared at Bitcoin 2025 to address supporters.
