
The Crash That Wasn’t: Why Bitcoin Rebounded & $100K Feels Baseline
From The Bitcoin Playbook by Josh Friedeman
August 23, 2025 · 37 min · Episode 161
About this episode
The episode discusses Bitcoin's recent market movements and the implications for its future value.
Bitcoin tapped a new ATH, dipped, then snapped back. In this roundup, Josh Friedeman, Jon Gordon (Satoshi Health Advisors / NosFabrica), and Trey Sellers (Unchained) break down why the move wasn’t a real crash, what would actually create a deep washout, and why $100K now feels like the floor. We also hit the week’s biggest signals: Harvard’s $116M Bitcoin exposure and what it means for endowments, Scott Bessent’s walk-back on a U.S. “Strategic Bitcoin Reserve,” Block’s Proto modular mining rigs, and the Fed easing bespoke oversight on banks touching Bitcoin (“novel activities”) CONNECT WITH JON 𝕏: @thebitcoinyogi Instagram: @jongordon9 LinkedIn: Jon Gordon Websites: Satoshi Health | Sound HSA CONNECT WITH TREY 𝕏: @ts_hodl LinkedIn: Trey Sellers Website: treysellers.com Newsletter: firebtc.substack.com CONNECT WITH JOSH 𝕏: @joshuafriedeman LinkedIn: Josh Friedeman SHOW PARTNERS Velas Commerce — Build with Bitcoin. Build with Lightning. Velas creates high-performance websites, apps, and POS integrations purpose-built for Bitcoin commerce. → https://velascommerce.com Strong Wealth — Bitcoin-native wealth planning for business owners, HNWIs, and families transitioning generational…
People in this episode
Host: Josh Friedeman
Guests: Jon Gordon, Trey Sellers
Topics covered
- Bitcoin market analysis
- cryptocurrency trends
- investment strategies
- financial signals
- Bitcoin adoption
- endowment investments
Keywords
- Bitcoin
- ATH
- market crash
- Harvard investment
- Block mining rigs
- Fed oversight
- cryptocurrency
Sponsors
Velas Commerce, Strong Wealth
Mentioned in this episode
Organizations: Satoshi Health Advisors, NosFabrica, Unchained, Harvard, Block
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