The Wolf Of All Streets Market Bloodbath! $758M Liquidated as BTC Hits $108K | CryptoTownHall
Aug 26, 2025
Join Joe from Lunar Crush, a data expert who's all about Bitcoin sentiment and social trends. He dives into the peculiar negative vibes surrounding Bitcoin as it hovers near $110,000, despite bullish backdrop factors. The chat highlights shifting investor focus towards Ethereum and newer assets like Solana while navigating treasury investments in crypto. Joe also discusses rising institutional interest in Bitcoin, as firms see it as a vital portfolio asset. Expect insights blended with a sprinkle of humor about the unpredictable crypto landscape!
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Summer Doldrums Versus Long-Term Bull Case
- Bitcoin sits around $110K while market participants feel frustrated waiting for new highs.
- Scott Melker views the pullback from $124K as a seasonal lull and is buying at every price.
Social Dominance Signals Rotation
- Social metrics show Bitcoin mention share falling from ~23–24% to ~17%.
- Joe says this decline aligns with Bitcoin dominance weakening and rising attention toward other assets.
ETH Momentum Drives Market Interest
- Ethereum and other L1s are holding up well and getting attention that can spark alt interest.
- William highlights Ethereum touching all-time highs twice and robust inflows into ETH products.