August 14, 2025: American Bitcoin, backed by Trump, orders 16,000 Bitmain ASICs amidst trade war tensions. Bitcoin's all-time high gains disappeared within hours, likely due to a hot US inflation report that rattled stocks and cryptocurrencies. Bessent retracts on Bitcoin, stating the Treasury remains committed to 'budget-neutral' BTC purchases. Additionally, a strategy involving 'deceptive' comparisons to Apple and NVIDIA was pushed by a Wall Street veteran. Bitcoin sell-off intensified following the inflation report. Powered by LabCat AI research tools.