BTC falls below the $109000 mark

**[Binance HODLer Airdrop Launches Mitosis (MITO)]** Binance has announced the launch of the HODLer Airdrop event, introducing the Mitosis (MITO) token. MITO is a project participating in the Binance HODLer Airdrops program, with rewards based on snapshots of users' historical BNB Simple Earn assets or BNB On-Chain Yields balances. The airdrop will take place on 2025-08-29 at 08:00 (UTC+8). Trading for the token will open on 2025-08-29 at 23:30 (UTC+8), supporting trading pairs such as MITO/USDT, MITO/USDC, and MITO/BTC. After the airdrop concludes, MITO will be available on Binance Simple Earn, Margin trading pairs, Buy Crypto, Convert, and other services, with an expected launch time of 2025-08-29 at 23:30 (UTC+8). **Important Notes:** - After MITO is listed, Binance Convert transactions will have zero fees. - To participate in the MITO airdrop, users must hold BNB and participate in BNB Simple Earn or BNB On-Chain Yields. - Newly listed tokens may experience significant volatility; it is recommended to adopt strict risk management strategies.

The initiative marks a strategic pivot: after years spent scaling throughput and lowering costs, the protocol team is now zeroing in on interoperability as the key to user experience.

The meme token slides from $0.22 to $0.21 in the August 28–29 window, with $200 million in exchange inflows adding pressure amid broader market caution.

Negative price action around the annual U.S.-based Bitcoin Conference has been well-documented, but it also appears to have applied to this week's Bitcoin Asia get-together.

[Atlanta Fed Raises U.S. Q3 GDP Growth Forecast to 3.5%] The Atlanta Fed's GDPNow model has raised the U.S. third-quarter GDP growth forecast from 2.2% to 3.5%.