Asia Morning Briefing: Bitcoin Drops to $115K as Third Major Profit-Taking, New Tariff Tensions Add Pressure

CryptoQuant data shows a $6B–$8B profit-taking spike in July as new whales offload BTC near highs. Trump's renewed tariff measures, announced Thursday, deepen the consolidation phase.

Updated Aug 1, 2025, 9:41 a.m. Published Aug 1, 2025, 1:59 a.m.