Bitcoin Plummets Below $113,000 After $116K Rejection — Risks Testing $100,000 (BlockBeats, Aug 20)

COINOTAG News, August 20 — The Bitcoin price failed to breach $116,000 in the evening session, losing bullish momentum and dropping below the $113,000 support to an intraday low near $112,000. Ethereum likewise weakened, slipping under $4,100. Crypto-related equities mirrored the sell-off: the sector declined 6.45% on August 19, and night-session moves saw Bitmine Immersion Technologies down ~4%, Bullish over 3%, Robinhood about 2%, and Coinbase around 1%, signaling diminished market risk appetite. In this volatile environment, investors increasingly seek flexible, secure execution and custody solutions. BiyaPay offers more than 200 types of spot and contract trading for major tokens including BTC and ETH with zero transaction fees, and enables direct trading of US and Hong Kong stocks via USDT without an offshore account, supporting cost management and tactical risk mitigation.