The cryptocurrency market remained relatively calm until mid-August. A sharp surge began in the second half of the month: on August 19, Bitcoin gained over 7% in a single day, marking its best daily performance in the last six months.
By August 21, $BTC had consolidated above previous resistance levels, and market sentiment changed rapidly. The Fear and Greed Index rose by 43 points to reach 72, as investors became more active in opening positions, returning to risky assets, and reacting to positive news.
What Influenced the Growth
Bitcoin's rise was not linked to a single piece of news. The market was simultaneously influenced by macroeconomics, political statements in the U.S., institutional money inflows, and short position liquidations.
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The U.S. Treasury Increased Its Long-Term Bond Purchases. One of the main catalysts was the statement from the U.S. Department of the Treasury about plans to at least double its purchases of government bonds, which triggered a decline in their yields. When the yield of safe-haven instruments falls, some capital shifts to riskier assets—including stocks and cryptocurrencies.
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Trump Returns to the Crypto Agenda. Additional market support came from Donald Trump's meeting with representatives of the crypto industry on August 19. The U.S. President urged Congress to return to considering the CLARITY Act bill.
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Mass Short Squeeze. From August 19 to 21, short positions worth over $2.1 billion were forcibly liquidated. For comparison, long liquidations during the same period amounted to only $48.19 million. This imbalance amplified the upward movement: the faster the bets on a decline were closed, the stronger the pressure on sellers became.
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Fund Inflows Returned to ETFs. Spot Bitcoin ETFs showed a weekly inflow of $1 billion for the first time since January. Most of this amount—$588.54 million—went to BlackRock's iShares Bitcoin Trust. This is an important signal for the market: institutional demand for $BTC has started growing again after a period of calm.
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Growth Spread to Other Cryptocurrencies. Ethereum added over 26% for the week and rose above $2300 for the first time since May. Spot ETH ETFs recorded inflows for the sixth time in seven weeks. Among altcoins, Dogecoin, Zcash, and Ethena saw notable gains. This shows that the movement was not a local spike in $BTC, but a broader return of interest to the crypto market.
When Bitcoin surges sharply, not only active traders but also long-term holders return to the market. Some investors start taking profits, transferring coins to exchanges, exchanging $BTC, or consolidating funds from different wallets. At such moments, not only the selling price matters but also the history of the coins themselves.
Why Coin History Matters
If a user is preparing $BTC for sale via an exchange or an exchanger, the service may check the origin of the coins using AML tools. The risk exists not only for those who consciously interacted with questionable platforms. Coins could have been purchased via P2P, received from a counterparty, transferred from an old wallet, or passed through several external addresses before reaching the current owner.
Therefore, in a rising market, it is useful to assess coin purity in advance. This is especially important for large amounts, old wallets, and transfers to centralized services. One way to reduce the public linkage of $BTC transactions is to use mixing services.
Mixer.money works with $BTC in two modes: "Mixer" and "Full Anonymity." The first option is closer to the classic mixing model. The user transfers bitcoins to the service address, after which the funds undergo intermediate processing and are then sent to cryptocurrency exchanges. The client receives back not the same coins they initially sent, but other $BTC—from the pool of users who previously chose the "Full Anonymity" mode.
In "Mixer" mode, you can specify one address for receiving funds. The minimum request amount is 0.001 $BTC, and the maximum is 1 $BTC. Processing takes up to two hours, with a service fee of 1–1.5% plus 0.00035 $BTC.
The "Full Anonymity" mode involves a more complex chain of operations. In this case, the user's $BTC are not directly mixed with other clients' coins. First, they go through a preliminary mixer, then are split into random parts and distributed among investors on different crypto exchanges. Upon completion of the process, the client receives different bitcoins—from other investors' accounts and from different exchange addresses.
Additional stages are needed to complicate the link between outgoing and incoming transactions. In "Full Anonymity" mode, withdrawals to two addresses are available. The request amount ranges from 0.003 to 50 $BTC, processing time is up to six hours, and the fee is 4–5% plus 0.0007 $BTC.
In a rising market, investors often act faster than usual: they transfer coins, take profits, prepare assets for exchange. If $BTC is planned to be sent to an exchange or exchanger, it is worth considering not only the exchange rate but also privacy, coin history, and the requirements of the platform through which the transaction will take place.
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