Bitcoin Dips Below 118,000 USDT Amid Narrow Gains: Global Crypto News

Global Crypto Market Update
On July 31, 2025, at 13:35 PM (UTC), Bitcoin (BTC) has experienced a minor yet significant adjustment, falling below the 118,000 USDT threshold to trade at 117,851.007813 USDT. Data provided by Binance Market Data confirms a marginal 0.23% increase in the last 24 hours, highlighting a nuanced market behavior that investors need to monitor closely.

Key Highlights:

• Bitcoin trading at 117,851.007813 USDT.
• Minimal 0.23% increase in the past 24 hours.
• Price decline below the 118,000 USDT benchmark.
• Data sourced from Binance Market Data ensuring reliability.

Investor Insights: Navigating the Crypto Landscape
In an environment characterized by rapid shifts, investors should focus on building strategies that not only manage risk but also harness emerging opportunities. Topics like crypto tax tips and how to build a crypto portfolio are more relevant than ever.

Crypto Tax Tips

• Maintain detailed records of all transactions for accurate tax reporting.
• Stay updated on evolving local regulations that impact digital asset taxation.
• Consult with a tax professional who specializes in cryptocurrency investments.

How to Build a Crypto Portfolio

• Diversify investments across a range of cryptocurrencies to mitigate risks.
• Use reliable data sources like Binance Market Data for informed trading decisions.
• Establish clear investment goals and strategies based on market trends.

Conclusion
The slight dip in Bitcoin's price coupled with a narrow daily increase underscores the volatile yet intriguing nature of the global crypto market. By integrating robust tax strategies and diversified portfolio building techniques, investors can stay ahead in the ever-evolving world of digital assets.