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August 28, 2025cryptonews logocryptonews

Bitcoin Price Prediction: $1B Bets & Nasdaq Debut Fuel BTC’s Path to $130K

Bitcoin is holding above $112,000 as blockchain adoption grows in traditional ￰1￱ US Department of Commerce announced that Chainlink (LINK) and Pyth (PYTH) will provide official US economic data like GDP and PCE Price Index directly ￰2￱ will provide 5 years of historical GDP data and Chainlink will provide 6 macroeconomic indicators across multiple chains including Ethereum and ￰3￱ will increase transparency and open up new opportunities in risk management, lending, DeFi and prediction markets. We're excited to announce that Chainlink and the United States Department of Commerce ( @CommerceGov ) have worked together to bring ￰4￱ macroeconomic data onchain. ￰0￱ These new Chainlink Data Feeds securely deliver critical information around key… — Chainlink (@chainlink) August 28, 2025 This has boosted confidence in Bitcoin as traders see it as another step towards institutions getting closer to ￰5￱ Salvador’s $1B Bitcoin Target El Salvador’s Bitcoin bet is back in the ￰6￱ Nayib Bukele shared market predictions that the country’s BTC holdings could reach $1B by the end of 2025.

Currently, El Salvador holds 6,282 BTC, worth over $709 ￰7￱ markets reacted quickly: Kalshi odds of hitting $1 billion before November surged from 20% to 38% before settling at 27%, while Polymarket showed 43% odds of the milestone by December 2025. BULLISH: President Bukele teased on X about pushing El Salvador’s $BTC stash to $1B. pic. twitter.

com/JgWHUm9415 — Cointelegraph (@Cointelegraph) August 28, 2025 Despite reports that BTC purchases slowed after a $1.4 billion IMF loan, Bukele confirmed acquisitions remain ￰8￱ see the sovereign bet as a signal of institutional confidence, helping Bitcoin maintain momentum above $112,000. Key takeaways: El Salvador holds 6,282 BTC (~$709M). Odds of reaching $1B BTC holdings in 2025 rose ￰9￱ optimism strengthened BTC support above $112K. Trump-Backed Bitcoin Miner Joins Nasdaq Adding fuel to Bitcoin’s adoption story, American Bitcoin , a mining firm backed by Eric and Donald Trump Jr., will list on Nasdaq this September through a merger with Gryphon Digital ￰10￱ all-stock deal gives Hut 8 an 80% stake, while the Trump brothers and partners will control about 98% of the new ￰11￱ backing from the Winklevoss twins, the firm is exploring mining expansion in Hong Kong and Japan.

NEW: American Bitcoin, backed by Eric Trump, Donald Trump Jr, and Hut 8, is set to go public on Nasdaq via merger with Gryphon Digital ￰12￱ new entity will trade under ABTC in early September, with Trump brothers and Hut 8 owning 98%. ￰13￱ — Satoshi Club (@esatoshiclub) August 28, 2025 For traders, the listing signals that Bitcoin’s influence is reaching deeper into politics and Wall Street, reinforcing institutional momentum at a time when BTC is pressing against key ￰14￱ Price Forecast – Technical Outlook Bitcoin trades near $112,300, testing the upper boundary of a descending ￰15￱ looms at $116,850, a level that has capped rallies since August.

A breakout could unlock $120,900–$124,450. Momentum is ￰16￱ RSI is at 55, recovering from oversold territory, while the MACD has turned ￰17￱ lower wicks near $111,000 suggest dip buyers remain active, weakening bearish ￰18￱ Price Chart –) Combines Bitcoin Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the Bitcoin ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin ￰19￱ combining Bitcoin’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp ￰20￱ team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its ￰21￱ is building ￰22￱ presale has already crossed $12.5 million, leaving only a limited allocation still ￰23￱ today’s stage, HYPER tokens are priced at just $0.012815—but that figure will increase as the presale ￰24￱ can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank ￰25￱ Here to Participate in the Presale

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