Bitcoin Shatters Records: Monthly Close Soars Past $115K Despite Market Swings
![]()
Bitcoin just flexed its volatility-resistant muscles—locking in its highest-ever monthly close above $115,000. Traders blinked. Wall Street groaned. The crypto king isn’t asking for permission.
Price whiplash? Old news. While traditional markets nurse their 0.5% yield addictions, BTC’s 30-day chart looks like a SpaceX launch trajectory. The ‘safe’ asset crowd? Suddenly very interested in ‘risk.’
Here’s the kicker: this isn’t a hype cycle—it’s a wealth transfer. Every institutional FOMO tweet pushes another pension fund closer to the blockchain ledge. Tick-tock, boomers.
(And yes, goldbugs—your ‘store of value’ just got outsold by a digital asset with fewer use cases than a Tamagotchi. But keep stacking those shiny bricks.)
Price retraces after record close
The bullish momentum did not carry into August.
In the first 48 hours of the month, Bitcoin price dropped 4.12% to around $113,000, its lowest in three weeks.
This decline triggered $231 million in long liquidations, according to CoinGlass.
Analysts noted that the dip was more of a technical correction than a panic-driven selloff, citing ongoing macroeconomic uncertainty following new U.S. tariffs signed by President Donald TRUMP in late July.
Market resilience amid volatility
Despite a major whale selloff of 80,000 BTC on exchanges, the market demonstrated significant resilience.
Analysts say the ability to absorb such large sales without a steeper crash signals strong demand from buyers waiting on the sidelines.
The majority of Bitcoin holders remain in profit, with 96% of coins in the green, indicating that long-term investors are continuing to hold, even as short-term traders take profits.
August outlook and halving cycle effects
Historically, August has been a challenging month for bitcoin, with median returns of -8.3% since 2011.
However, analysts note that Augusts following bitcoin halving years—most recently in 2013, 2017, and 2021—have produced strong gains.
With 2025 being a post-halving year, some market watchers are optimistic about another potential rally. Analyst Mags highlighted a bullish technical setup, stating:
“It’s just a matter of time before bitcoin price goes vertical.”
While the short-term trend may remain choppy, the long-term outlook among analysts and holders remains positive.