As of August 8, 2025, Bitcoin (BTC) is maintaining a stable position, trading at $116,731.32, marking a 1.84% increase over the previous 24 hours. This stability occurs against the backdrop of significant economic news, including Apple's substantial $600 billion investment in the U.S. economy and President Donald Trump's announcement of a 100% tariff on semiconductor imports.
Apple revealed on August 6, 2025, an expansion of its U.S. commitment, adding $100 billion to its existing $500 billion pledge. This investment is allocated across various sectors such as local procurement, data centers, research and development, and direct employment in 20 states. President Trump simultaneously declared a 100% tariff on semiconductor imports, with a critical exemption for companies that demonstrate significant investment in domestic manufacturing, such as Apple. This strategic move by Apple appears designed to navigate the evolving trade landscape and potentially avoid the impact of these new tariffs. Market sentiment is leaning towards the positive implications of Apple's large-scale domestic investment, overshadowing immediate concerns related to the semiconductor tariffs.
Technical indicators for Bitcoin present a mixed short-term outlook. The Relative Strength Index (RSI) is at 54.01, indicating neutral momentum, while the MACD histogram at -314.77 suggests bearish momentum. However, the Bollinger Bands are positioned near the middle band, and a Daily Average True Range (ATR) of $2,584.87 points to moderate volatility. Immediate support for Bitcoin is identified at $111,920, with stronger support at $98,200, while resistance levels are noted at $120,247.80 and $123,218.
Apple's investment is projected to create approximately 450,000 jobs with its suppliers and partners across the U.S. and aims to directly hire 20,000 individuals in R&D, silicon engineering, software development, and artificial intelligence. This significant capital injection into the U.S. economy, particularly in manufacturing and technology sectors, is viewed as a stabilizing factor for risk assets like Bitcoin. The market's current focus on corporate growth and investment signals broader confidence in economic expansion, even amidst policy shifts. While the direct impact of semiconductor tariffs on the broader tech industry and economy is still unfolding, the exemptions for domestic investors are a key consideration. The market's reaction suggests a prioritization of tangible corporate investment and job creation over the immediate uncertainties posed by trade policy. This dynamic highlights how significant corporate actions can influence market perception and asset performance, demonstrating a nuanced interplay between geopolitical decisions and financial markets. The resilience of Bitcoin above the $116,000 mark underscores its growing integration into the global financial narrative, influenced by both technological advancements and macroeconomic policies.