Cointelegraph

Bitcoin retraced to a low of $112,600 as retail panic selling resulted in the most bearish social sentiment since June, but analysts see a buying opportunity ahead.

While many are eying a rate cut in September, an economist predicts Bitcoin won’t be fully priced in the move until the US President announces his nominee to replace Jerome Powell.

Parag Agrawal, the former Twitter CEO ousted by Elon Musk, has launched an AI startup aimed at driving the next wave of AI agent research.

Galaxy Digital CEO Mike Novogratz’s comments come the same week Bitcoin surged to new all-time highs of $124,128.

Crypto traders’ “lack of interest” in dip buying Ether compared to Bitcoin could be the catalyst that sees Ether’s price go higher, says Santiment.

Bitcoin dominance has fallen to a six-month low while altcoin market cap jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.

Ethereum’s future will be dominated by AI agents leveraging a dormant web standard, HTTP 402, and EIP 3009, to make real-world payments in crypto without human input, two Coinbase devs said.

Ether’s market value has typically reached up to 35% of Bitcoin’s in past cycles, and could reach $8,500 if the pattern repeats and Bitcoin hits $150,000.

Steak ‘n Shake attributed Bitcoin as a driver for its 11% quarter-on-quarter sales rise after adopting the cryptocurrency as a payment method in May.

Bitcoin maximalist Samson Mow predicts the ETH investors will rotate back to BTC, but previous market cycles suggest altcoin growth patterns will continue.