$BTC Bitcoin Tests Key Support at $107K – Will the Bulls Ho | Just Like You on Binance Square

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$BTC Bitcoin Tests Key Support at $107K – Will the Bulls Hold? 🚀
The BTC/USDT pair is trading at $107,724.86 (-1.71% in 24H) as Bitcoin faces a critical retest of the $107,491.20 support level, a make-or-break zone for short-term momentum. 

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$BTC The crypto market saw significant developments last week, with Bitcoin reaching a new all-time high of $110,797, driven by progress in US stablecoin legislation and easing global trade tensions. Here's a breakdown of the market's performance : Bitcoin (BTC): Rose 6.3% over the past week, pushing its year-to-date return to 17.8%. This surge is attributed to increased institutional confidence and the potential for clearer regulatory frameworks.

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#TrumpBTCTreasury The SEC has approved Trump Media’s $2.3B Bitcoin Treasury deal — enabling the company to raise funds and buy BTC, becoming one of the largest public Bitcoin treasuries. It also filed for a Truth Social Bitcoin ETF, aiming to give shareholders direct BTC exposure.

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#CardanoDebate Cardano (ADA) descended nearly 6% to $0.64 on June 13 amid intense debate over a $100 million treasury allocation to boost stablecoin liquidity . The plan, championed by Charles Hoskinson, aims to deploy 140 million ADA gradually using over-the-counter or algorithmic methods to avoid price disruption. Yet, critics argue this could create significant sell pressure, especially if executed publicly near resistance levels like $0.70 . Meanwhile, broader discussions compare Cardano’s research-first approach and PoS efficiency with Ethereum’s larger market share and DeFi dominance .

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$ADA The current price of $ADA (Cardano) is around $0.622 USD, with a slight drop of approximately ‑2.2% in the last 24 hours, after moving between $0.618 and $0.642 USD during the day. From a technical perspective, ADA consolidated near the support at $0.62, forming an ascending channel in the last sessions. The immediate resistance is at $0.64–$0.65, where its momentum has been halted after an initial bounce. The RSI remains in neutral territory, while the daily volume exceeds $440 million USD, a sign of considerable activity at this stage.

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$ETH Geopolitics is hitting the markets again. Israel vs Iran — and here's the crypto reaction: 📉 BTC: dropped to $103–105k 📉 ETH: fell below $2550 💥 Liquidations in the market: $1.2 billion (of which almost $300M for Ethereum). 👉 Instead of "digital gold" crypto is showing again: 📊 it is a high-risk asset. When major geopolitics begins — investors flee to the dollar, gold, and bonds.

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