Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market
August 22, 2025 · 2:00 AM
Bitcoin (BTC) recently hit a record high of over $124,000 before dropping 9%, raising questions about the current bull market and the possibility of an "alt season." Market expert Miles Deutscher noted on social media that August might be a significant trap for crypto investors, highlighting Ethereum's (ETH) outperformance over Bitcoin since July.
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