• Trump stated that the U.S. is considering purchasing “significant” amounts of Bitcoin

$BTC (+2,29%)

and other cryptocurrencies.

• He called on Congress to pass the Crypto Clarity Act.

• Trump assured that the U.S. would ensure it maintains its undisputed leadership in the Bitcoin and cryptocurrency market.

• Hyperliquid $HYPE (-3,04%) rose 22% to $71 after Trump said the CFTC was working on approval in the U.S.

• SEC Chair Paul Atkins stated, “We will ensure that the greatest technological advances are realized here in America.”

• Trump claimed he had “ended the war on cryptocurrencies once and for all.”

$ETH (+1,09%)
$BNB (+0,78%)
$XRP (+3,92%)
$COIN (+5,68%)
$MSTR (+5,25%)
$CRCL (+4,63%)
$GLXY (+7,18%)
$HOOD (-1,84%)
$ABTC

Institutional demand has recently become significantly more volatile. After global digital asset investment products recorded inflows of $1.15 billion in the first week of August, they turned to outflows of $349 million last week. This abrupt reversal affected almost exclusively $BTC (+2,29%), which accounted for outflows of $371 million. The movement was primarily a U.S. phenomenon: products in the U.S. recorded redemptions of $402 million, which were partially offset by moderate inflows in Europe.

We view this as a tactical rather than a structural shift. Inflows into $ETH (+1,09%) remained largely stable, while $ALT (+1,96%) recorded slight inflows. This therefore represents a #bitcoin-specific, macro-driven repositioning rather than a broad-based pullback. The trigger is the interest rate outlook: Since U.S. inflation remains stubbornly above target, expectations for short-term rate cuts remain uncertain. The minutes of the U.S. Federal Reserve and the Jackson Hole Economic Policy Symposium at the end of the month will be decisive.

For investors, it is crucial to recognize that capital flows have now become a mechanical, short-term driver of price movements. In a market with low volatility and little hedging, even moderate outflows can $BTC (+2,29%)affect the price. Weekly fluctuations should therefore not be confused with a change in the long-term investment thesis.

$BITC (+5,24%)

$CETH (+4,76%)

$DIME

As I announced just under two months ago, I’ve been restructuring my portfolio over the past few weeks.

I sold 11 individual stock positions, realizing a profit of about 10k.

I invested a portion of the freed-up funds in several installments into $BTC (+2,29%) , and the rest went into ETFs.

Yesterday morning, I purchased the final tranche and have now reached a full Bitcoin.

Well, now let’s see if that was a smart move...

Anyone who looked at the $BTC (+2,29%) chart today probably had to look twice.

BTC jumped from around $64,000 to nearly $69,000 in a very short time. At the same time, more than $1 billion in short positions were liquidated. (MarketWatch⁠)

What happened?

Part of the move was driven by the U.S. Treasury Department’s announcement that it would significantly expand its planned bond repurchases. The market interpreted this as a signal of improved liquidity conditions.

Then came the second effect: the short squeeze.

Many traders were positioned for falling prices. When Bitcoin suddenly broke out to the upside, these positions had to be forced closed. To do so, the short sellers had to buy Bitcoin.

Rising prices → short liquidations → forced buying → even higher prices.

A classic chain reaction.

And that’s exactly why the chart looks so extreme right now.

But for me, the more intriguing question now is:

Was this just a short squeeze—or the beginning of a larger movement?

The $70,000 mark is now interesting from both a psychological and technical perspective. If Bitcoin can establish itself above this zone, it could lead to much more. If, on the other hand, the breakout fails, a large part of the movement may have been driven solely by leveraged positions.

Personally, I find moments like these particularly interesting when it comes to Bitcoin.

Not because I believe Bitcoin has to rise every day.

But because this is a great example of how strongly liquidity, leverage, and market psychology can move the price.

I’m sticking to my long-term Bitcoin strategy and won’t let individual hourly price movements rattle me.

What do you think: $70,000 as a springboard—or is a pullback coming?

#Bitcoin
#BTC
#Krypto
#Investieren
#Anlegen
#Longterm
#Vermögensaufbau

...and as of today, my portfolio stands at just under 310k (rounded up a bit), as a purely passive investor in those boring but tried-and-true ETF structures (from which I’ve strayed every now and then without taking a nasty fall—the IZF is hovering around 14% 😮‍💨😄). $VWCE (-0,46%)
$WSML (-0,71%)
$XMME (+0,39%)
$IWDA (-0,67%)
$BTC (+2,29%)

Is this a good result? Is the performance over this period a success or just average? Just 3–4 years ago, questions like these would have kept me up at night. But something has changed in my experience and mindset since then. I’ve fully embraced mindlessly automated investing, and I’m absolutely thrilled about it. No event on the stock market fazes me anymore. Instead, I’m calm, content, and proud that I’ve maintained my discipline. Investing does something to you—definitely not in a bad way. And you’ve always played a part in that, which is why I’d like to thank all of you for this consistently motivating and pleasant community here. You’re all great.

And somehow it’s also funny that in real life we’d all just pass each other by, even though the tone here is always friendly and welcoming—at least that’s been my experience here 😄

Thanks to everyone—here’s to continued sparkling returns.

And always remember that we’re all living in a very luxurious bubble.

True happiness often only comes when you use material wealth (as well) to do good for others :)

Best regards

Yours, _EvD_🤓