😐 Bitcoin Plunges To $115K But One Coin Is Holding Strong

Plus, revealing the second-biggest crypto treasury company after MSTR.

Happy Monday!

Bitcoin and other cryptocurrencies are continuing to slide on Monday, with only one coin being a notable outperformer — here’s the fastest horse in this market.

Tom Lee’s BitMine has built up an impressive Ethereum war chest in only a few months — here’s how much ETH BitMine holds already.

Plus, some of the most influential companies are reporting this month, with the potential to swing entire sectors. Matt Maley will share the exact trades and strategies he’s targeting before these earnings hit. Join him live on Wednesday, August 20, at 6 p.m. ET and get his full earnings season game plan.

TOP STORY

Bitcoin's recent breakdown below support has injected caution across the cryptocurrency market, but certain altcoins are displaying resilience.

According to market commentary from pseudonymous analyst EmperorBTC on Monday, Bitcoin failed to hold a key support level. EmperorBTC warned that if a bearish retest plays out with low trading volume, the price could slide further.

The next logical level for potential support, he suggested, would be near $110,000, down from the current $113,000 vicinity.

Ethereum has also come under pressure.

After initially showing strength with a short-term long setup, ETH has dropped back into the consolidation range seen in early August.

But one crypto keeps outperforming — which one is it?

SPECIAL OFFER

Some of the most influential companies are reporting this month, with the potential to swing entire sectors like tech, semiconductors, and energy. Matt Maley will share the exact trades and strategies he’s targeting before these earnings hit. Join him live on Wednesday, August 20, at 6 p.m. ET and get his full earnings season game plan.

QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are plummeting on Monday as big wallets continue to take profit: here’s what’s driving the market.

Strategy has bought some more Bitcoin to add to its massive stash: here’s how much Saylor purchased last week.

Dogecoin holds above the 20 cents mark as a new Dogecoin spot ETF application has hit the SEC’s inbox: here’s all you need to know about that.

SPECIAL EVENT

The 11th annual Benzinga Fintech Day & Awards is where ideas become deals. Join top-tier VCs, tech founders and decision-makers from leading financial institutions on November 10, 2025, in NYC. Explore key topics like 24/5 trading, bridging digital assets and equities and the future of retail investing. From speed networking to 1:1 investor meetings, this is where fintech conversations drive action — and results. Celebrate innovation, spark partnerships and shape what's next.

FINTECH FOCUS

BitMine Immersion Technologies disclosed that its crypto holdings have exceeded $6.61 billion, including 1.52 million Ethereum tokens, making it the world’s largest Ethereum treasury and the second-largest crypto treasury globally.

What Happened: As of Aug. 17, the company’s holdings include 1,523,373 ETH valued at $4,326 per token, along with 192 Bitcoin.

The latest figure represents a $1.7 billion increase from the $4.9 billion reported just last week, driven by the addition of more than 373,000 ETH.

What does that mean for the price of ETH?

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