Bitcoin Price Drop: Unpacking the Sudden Decline Below $118,000
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 15 2025
Bitcoin Price Decline: Bitcoin has dropped below $118,000, currently trading at $117,987.07, influenced by macroeconomic factors, regulatory concerns, large sell-offs by major holders, and shifts in market sentiment.
Investment Strategies: Investors are advised to stay informed, reassess their portfolios, consider dollar-cost averaging, and focus on long-term potential amidst the inherent volatility of the cryptocurrency market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.