#BTC110KSoon? : Bitcoin spikes past $107,000 as BTCUSDT breakouts. Eyes on $107,000 ahead of CPI reading on June 11. BTC Bull presale raises over $7 million as BTCBULL becomes one of the hottest presales in June 2025.
Bitcoin spikes past $107,000 as BTCUSDT breaks out. Eyes on $107,000 ahead of CPI reading on June 11. BTC Bull presale raises over $7 million as BTCBULL becomes one of the hottest presales in June 2025.
It’s hard to ignore the Bitcoin momentum. Last week’s scare brought some sanity to the multi-trillion-dollar crypto market, flushing out highly leveraged speculators. After dropping to nearly $100,000, Bitcoin prices rebounded strongly on Friday and continued climbing over the weekend.
Bitcoin Breaks $110,000
As of June 9, Bitcoin surged past $107,000, erasing last week’s losses and kicking off the second week of June on a high.
Technically, buyers are in control. The June 9 close showed a high-volume breakout, confirming that buyers dominate. The June 6 dip served as an opportunity for believers to buy Bitcoin at a discount.
Not surprisingly, on June 6, U.S. institutions added BTC to their portfolios, purchasing over $86 million in spot Bitcoin ETF shares, primarily issued by BlackRock.
Investor confidence is soaring.
The BTCUSDT daily chart shows that the next target is the all-time high of around $112,500. If bulls maintain momentum today, Bitcoin could set new records.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025
Will CPI Data and U.S.-China Trade Talks Push BTCUSDT to New Highs?
Several factors could fan demand, pushing Bitcoin higher.
While technical indicators favor buyers, expectations of hotter-than-anticipated U.S. inflation data may prompt risk-on investors to buy more BTC.
Bitcoin is increasingly seen as a hedge against inflation and loss of purchasing power.
Economists predict core CPI will rise to 0.3% month-over-month from 0.2%, with year-over-year CPI increasing to 2.5% from 2.3%.
Additionally, the second round of U.S.-China trade negotiations in London could influence markets.
A positive outcome from the meeting between U.S. Treasury Secretary Scot Bessent and the Vice Premier of China, He Lifeng, particularly regarding export rules for semiconductors and rare earths, could propel Bitcoin and equities higher.
Conversely, any escalation and announcement of new tariffs could lead to sharp declines in Bitcoin and some of the best Solana meme coins, even wiping out recent gains.
Historically, markets have slumped when Donald Trump announces new trade measures or reverses prior agreements with China.
Big Players Accumulate as Retail Investors HODL
Ahead of the trade talks, major players are optimistic.
Strategy (formerly MicroStrategy) bought 1,045 BTC worth over $110 million yesterday.
Meanwhile, MetaPlanet plans to raise $5.4 billion to acquire 210,000 BTC by 2027, emulating Strategy’s aggressive accumulation strategy.
Similarly, Blockchain Group aims to raise €300 million to buy Bitcoin and establish Europe’s first Bitcoin treasury firm.
Retail investors are shifting to HODL mode. Spot trading volume on major centralized exchanges has dropped to October 2020 levels.
With HODLing on the rise, the Bitcoin volatility has fallen to the 10th percentile, lower than 90% of weeks in the past decade.
The contraction suggests Bitcoin is maturing into a macro asset class, attracting more institutional interest.
BTC Bull: The Hottest Presale of 2025?
With the increase in bets that Bitcoin could print new highs, investors are turning to the BTC Bull project.
Considered one of the hottest presales in 2025, BTC Bull rewards token holders as BTCUSDT rallies.
Built on the premise that Bitcoin could eventually hit $1 million, the project distributes free BTC to token holders whenever BTCUSDT reaches key price levels.
The first airdrop occurs when Bitcoin exceeds $150,000, with subsequent distributions every $50,000 until $1 million.
BTC Bull is also deflationary, with planned token burns every time BTCUSDT rises by $25,000, starting at $125,000.
So far, over $7 million has been raised, with each BTCBULL token trading at $0.002555.Follow 🔥 Stay tuned for more updates 🚀😍🚀
Follow 🔥 Stay tuned for more updates 🚀😍🚀
