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Reading: Coinbase Drops “1 BTC” Tweet as Bitcoin Price Slips Under $114,000
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Your Crypto News Today > News > Crypto > Bitcoin > Coinbase Drops “1 BTC” Tweet as Bitcoin Price Slips Under $114,000
Bitcoin

Coinbase Drops “1 BTC” Tweet as Bitcoin Price Slips Under $114,000

August 23, 2025 2 Min Read
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Main cryptocurrency change Coinbase has not too long ago despatched out a tweet that has caught curiosity within the crypto neighborhood.

The timing of the tweet coincides with a broader market drop, with Bitcoin buying and selling under $114,000 after falling as little as $112,555 early Wednesday.

In a tweet, Coinbase wrote “1 BTC =1 BTC” with the crypto neighborhood reacting afterward. Whether or not Coinbase was becoming a member of within the ongoing dialog surrounding the newest market dip or hinting at upcoming or present bulletins from the change, the tweet serves as a reminder that Bitcoin’s worth stays unchanged regardless of short-term value swings.

1 BTC = 1 BTC

— Coinbase 🛡️ (@coinbase) August 20, 2025

The tweet additionally comes at a time when change inflows have elevated as short-term Bitcoin holders take earnings. As reported, 50,026 BTC value practically $5.69 billion had been moved to exchanges at a loss by short-term Bitcoin holders in simply two days, marking one of many heaviest loss-driven strikes in weeks.

Fed alerts awaited

The crypto market was buying and selling down early Wednesday as traders awaited the Federal Reserve’s assembly minutes from July and additional alerts concerning the path of financial coverage. The Fed is scheduled to launch minutes from its July 29-30 coverage assembly on Wednesday.

Bitcoin was buying and selling down 2.05% within the final 24 hours to $113,269, extending its drop from its report excessive of $124,533 reached on Aug. 14, 2023. The cryptocurrency is down practically 7% weekly.

This week, traders are watching intently the Fed’s annual financial symposium in Jackson Gap, Wyoming, for hints about what might occur on the central financial institution’s remaining coverage periods this yr. Fed Chairman Jerome Powell is scheduled to talk on the symposium this Friday. If Powell signifies imminent dovish coverage, cryptocurrencies might rebound. Crypto merchants may even be following Thursday’s jobless claims information.

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