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Bitcoin Today 07/04/2025: BTC Dips, But Solo Miner Hits the Jackpot with R$ 2 Million Payday

Bitcoin Today 07/04/2025: BTC Dips, But Solo Miner Hits the Jackpot with R$ 2 Million Payday

Published:
2025-07-04 23:41:02
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Bitcoin saw a minor correction today, dropping 0.8% to $109,060, but traders remain bullish as institutional demand fuels optimism. Meanwhile, a lone miner defied the odds, scoring a 3.173 BTC block reward worth nearly R$ 2 million—proof that lightning can strike even with a modest 2.3 PH/s setup. The U.S. "Crypto Week" kicks off with pivotal legislation debates, while altcoins like TRX (+1.1%) and DOGE (-4.1%) show mixed performance. Buckle up for a deep dive into today’s crypto rollercoaster!

Why Is Bitcoin’s Price Holding Strong Despite the Dip?

Bitcoin opened Friday (July 4) at $109,060 after a 0.8% dip, briefly touching a daily low of $108,663. Analysts from BTCC note robust buy orders between $106,500–$107,300 acting as a safety net, while resistance looms at $109K–$112K. "Institutional interest is the secret sauce here," says Guilherme Prado of Bitget Brazil. "A breakout above $112K could send BTC to new all-time highs." Data from CoinGlass reveals concentrated liquidity above this threshold, hinting at traders’ appetite for a moonshot.

Bitcoin mining rig

Source: Original image from article

Altcoins: TRX Shines, Memecoins Crash Hard

Tron (TRX) was the lone Top 10 gainer (+1.1%), while Dogecoin (DOGE) and ethereum (ETH) fell 4.1% and 1.8%, respectively. The meme coin graveyard saw PEPE and FARTCOIN nosedive 7.1% and 6.1%—proof that not all jokes age well. The Top 100 chart (below) paints a sea of red, with only a handful of projects weathering the storm.

Top 100 cryptocurrencies

Source: CoinGecko via original article

U.S. "Crypto Week": Three Laws That Could Shake the Market

Washington’s gearing up for a legislative triple-header: 1.(Stablecoin regulation passed in June)—could turbocharge the $130B stablecoin market. 2.—a turf war between the SEC and CFTC over crypto jurisdiction, potentially freeing token issuers from regulatory purgatory. 3.—blocking the Fed from creating a digital dollar, a MOVE championed by former President Trump. "These bills are like tectonic plates," quips a BTCC analyst. "When they shift, the whole market feels it."

How Did a Solo Miner Beat 2,800-to-1 Odds?

In a plot twist worthy of a crypto heist movie, an anonymous miner using CKpool’s solo mining service hit the lottery—mining bitcoin block #903,883 with just 2.3 PH/s (equivalent to a handful of high-end ASICs). The reward? 3.173 BTC ($349K or R$ 2M). Statistically, this happens once every eight years, but historian Pete Rizzo notes solo miners are luckier post-2023 due to network decentralization. Last month’s solo miner scored $330K—maybe beginners’ luck isn’t just for poker.

Solo miner celebration

Source: Pete Rizzo/X

FAQ: Your Burning Bitcoin Questions Answered

What’s driving Bitcoin’s price stability?

Institutional demand and tight support levels ($106.5K–$107.3K) are acting as shock absorbers, per TradingView data.

Could the U.S. crypto laws affect Bitcoin?

Absolutely. The CLARITY Act alone could redefine how tokens are regulated—bullish for clarity, bearish for SEC overreach.

Is solo mining worth trying in 2025?

With odds of 0.004%, it’s like playing Powerball—but as these miners prove, someone’s gotta win.

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