[$110K support key as Bitcoin enters bear month with a 5% dip: Analyst]
The month of August has historically been a bearish one for Bitcoin, and is already off to a choppy start.

<p><img src="https://static.fwimg.io/img/1px.png" alt="$110K support key as Bitcoin enters bear month with a 5% dip: Analyst"></p><p>The month of August has historically been a bearish one for Bitcoin, and is already off to a choppy start.</p>

$110K support key as Bitcoin enters bear month with a 5% dip: Analyst

Author: angelilu, Foresight News
On August 1st, the global financial markets experienced a violent turbulence, and the cryptocurrency market was no exception. BTC dropped to 112,751 USDT in the early morning, erasing nearly three weeks of gains and hitting a new low since July 10th. At the time of writing, BTC's price was 113,639 USDT. ETH also fell to a recent low of 3,431 USDT in the early morning.
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