Trump raises tariffs on all Canadian cars, trucks, auto parts, and steel to 50% starting from 2027..

Bitcoin is Back above $80,000

-Bitcoin Rises above $80,000 for the first time since May 15th and btc is now over 29% in the last 1 week.

-After this huge pump, Bitcoin is now approaching major resistance around the $82,000 and $86,000 zones.

-Rejection from these levels could push Bitcoin back towards $72,000 zone.

-If BTC breaks through resistance along with strong volume then we could see btc touch $90,000 zone.

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India's Parliamentary Standing Committee on Finance has cancelled its August 27 hearing with the Department of Economic Affairs on the country's proposed crypto asset framework. The discussion on crypto regulation has been postponed, without new hearing date.

Vivek Ramaswamy's ''Strive'' buys 1,100 Bitcoin worth $85 Million..

Everyone will regret when BTC touches $200k.

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Watch YouTube Video:
https://youtu.be/oKAusfFOBjM?si=bG20dzi3FkaHz_mD

Michael saylor’s Strategy now has $4,000,000,000 unrealised profit on its Bitcoin Holdings.

U.S Jobless claims fell to 203k, which is below the 208k estimate.

While continuing claims dropped to 1.778M, below the 1.790M Expected.

Happy Rakhsha Bandhan guys ❤️

IMPORTANT UPDATES:

-Trump administration close to securing "massive" deal to take ownership stakes in Venezuelan oil fields that could more than double US oil reserves.

-JPMorgan evaluates launching its own crypto stablecoin.

-$13 trillion Charles Schwab to add Solana, Avalanche, and Chainlink trading to Schwab Crypto accounts.

-Trump family's new crypto bank is backed by UAE's "Spy Sheikh" Tahnoon bin Zayed al Nahyan.

-U.S spot BTC & ETH ETFs saw $232.2M in BTC inflows and $192.4M in ETH inflows. Both have now recorded 8 straight days of inflows.

-CZ says Bitcoin could become more important than gold.

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Reason for crash:

The Odds of the Federal Reserve raising interest rates next month surge to 49%.

-Bitcoin falls under $77,000

-About $200,000,000 longs liquidated from the crypto market in the past 60 minutes.

MARKET UPDATES:

-Market sentiment: Greed

-Index value: 68

-BTC Dominance: 60%

-Altcoin season index: 33/100

-Total crypto marketcap: $2.62 Trillion..

-Bitcoin price: $77,500
-ETH Price: $2,430

Trade/short

ETH/USDT

Entry: 2,450 - 2,480

(Only enter within this range, if you missed entry then skip trade)

Leverage: 6x - 8x

TP: Levels
1. 2,347

StopLoss: 2,507

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The chances of the Crypto CLARITY ACT becoming law this year have reportedly fallen to just 14%.

Key vote is on Sept 15th, Failure could delay crypto regulation for 2 to 3 years.

Ripple Donated $300,000 to support Flood Hit communities in Nepal & Tibet.

This donation is for support flood hit communities with essentials and water.

Crypto industry can also play a vital role in helping communities beyond just markets..

Bernstein analyst ''Gautam Chhugani'' expects Bitcoin to touch $125,000 by the end of 2026 and $150,000 by mid-2027 in his base case.