Bitcoin drops to $115K amid third major wave of profit-taking, new tariff tensions
Bitcoin (BTC) fell 2.3% to ~$115,300, pressured by a third major wave of profit-taking and new US tariffs. $6–8 billion in realized gains were recorded in late July, with an “OG whale” selling 80,000 BTC on July 25. New tariff tensions, including measures targeting Canada, have rattled broader risk assets, including crypto. Bitcoin is poised…