**Crypto Market Update: Bitcoin Takes a Dive, Whales Still Hungry đ**
- Bitcoin (BTC) slipped below the $60,000 mark on Aug. 4, following a 6% drop in Japan's Nikkei and a weak July jobs report. Talk about a rough week!
- Despite the plunge, Bitcoin whales are on a shopping spree, adding 84,000 BTC in July. That's a lot of digital sushi!
- Altcoins are feeling the heat too, but buyers might soon swoop in as BTC nears the bottom of its range.
- Keep an eye on key support levels: $55,724 and $53,485 for BTC. A bounce could spark a rally in select altcoins.
Stay tuned, crypto enthusiasts! đ