Cannot fetch data from server.

Bitcoin falls to its lowest level in 7 weeks

Technical Analysis
By Ahmed Ashraf
Bitcoin falls to its lowest level in 7 weeks
0 3

BTCUSD

البيتكوين 26-8-2025

Bitcoin is trading above the support zone of $108,000, and prices are likely to move sideways between the mentioned support zone and the resistance zone of $112,250.

Support

 108000 105000 –
Resistance 112250 118000

124000

In today’s trading, Bitcoin extended its decline to around $110,200, marking its lowest level in seven weeks, pressured by a wave of risk-off sentiment following recent political developments in the United States, most notably President Trump’s decision to dismiss Federal Reserve Governor Lisa Cook. This move reignited concerns over the Fed’s independence, weighing heavily on investor confidence. Bitcoin has lost nearly 12% of its value since its recent record high above $124,000, with pressures stemming from uncertainty over the path of U.S. interest rates and ongoing political tensions. Current support levels remain in focus as traders await any signals from the Federal Reserve regarding its upcoming policy direction.

You can now benefit from LDN company’s services through the LDN Global Markets trading platform.

Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

You might also like More from author
Leave A Reply

Your email address will not be published.

[email protected]
REACH OUT TO US
Privacy Policy | AML Policy | Terms & Conditions | Security Of Funds | Risk Disclosure
Licensing and Regulation: LDN GLOBAL MARKETS LLC is an officially licensed broker holding an International Brokerage License in Saint Vincent and the Grenadines, numbered 1547 LLC. The registered address is Richmond Hill Rd, Kingstown, St. Vincent and the Grenadines, VC0100. Additionally, LDN GLOBAL MARKETS LLC is registered with license number T2023240 on Bonovo Road in Fomboni, Island of Mohéli, Comoros Union.
Licensing and Regulation: LDN GLOBAL MARKETS LLC is a fully licensed broker holding an International Brokerage License in Saint Vincent and the Grenadines, numbered 1547 LLC. The registered address is Richmond Hill Rd, Kingstown, St. Vincent and the Grenadines, VC0100.
Other entity within the group: LDNGM FINTECH SERVICES LTD (registration No. HE 432187, registered at Spyrou Kyprianou & Ayias Fylaxeos 182, Kofteros Business Center, Floor 2, Flat 201, 3083) provide content and perform operational management of the business.
Risk Warning : Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading in contracts for the difference carries a high level of risk, as trading on margin can be to your advantage or disadvantage. As a result, CFDs may not be suitable for all investors as you may lose all your invested capital. You should not risk more than you can lose. Please ensure that you fully understand the risks involved in this trade, and seek independent advice if necessary before entering into such transactions. Please read the risk disclosure statement on this website
LDN GLOBAL MARKETS is committed to the highest standards of the Anti-Money Laundering (AML) compliance and Counter-Terrorism Financing (CTF). To help the governments first and the financial services industry fight the funding of terrorism and money laundering activities, law requires all financial institutions to obtain, verify, and record information that identifies each person opening an account. Since LDN Global Markets is not under the supervision of ESMA, it is not involved with any acts considered to be offering financial products and solicitation for financial services to the European Union countries and this website is not aimed at residents in the European Union countries.
Restricted Regions : LDN Global Markets does not provide its services to citizens and residents of certain jurisdictions such as United States of America, United Kingdom, Canada, Japan, EU countries, Iran, Israel and North Korea.
Copyright ©2015 – 2024 LDN Global Markets all rights reserved.