🔥$BTC Bitcoin Update as of June 20, 2025‼️

💥Current Price and Market Activity

Bitcoin's current price is $103,278.93, with a recent closing price of $104,836.19. The cryptocurrency market is experiencing moderate trading activity, with a market cap of over $3.23 trillion.

💥Market Overview

🔹️The crypto market sentiment is neutral today, with a notable spike in open interest set to expire around June 27.

🔸️Over 83,636 traders were liquidated in the past 24 hours, with a total liquidation amounting to $227 million. Bitcoin led the chart with $65.64 million in liquidations.²

💥Key Trends and Catalysts

🔹️ETF Inflows and Outflows:

Money flowing in and out of Bitcoin ETFs remains a significant driver. Recent weeks have seen more outflows, notably Fidelity's Wise Origin Bitcoin Fund with a $0.53% decline in its shares.

🔸️Regulation and Legislation:

Government policy continues to evolve positively, with pro-crypto legislation supporting confidence. South Korean regulators have outlined a 2025 strategy for spot crypto ETFs, marking a significant step toward opening the country's financial markets to crypto-based investment products.

🔹️Macroeconomics and Fed Policy: Economic data and Federal Reserve policies heavily influence Bitcoin. Softer job numbers and cooling inflation suggest potential Fed rate cuts later in 2025.

💥Expert Views and Price Predictions

🔹️Analysts remain optimistic but cautious, with some strategists forecasting a plausible summer peak of $120,000 to $125,000 if Bitcoin holds around $105,000.

🔸️Fundstrat’s Tom Lee forecasts Bitcoin between $150,000 and $250,000 by the year's end, driven by global liquidity.

🔹️Bernstein analysts project a target of $200,000 based on ETF inflows.