Factors Influencing Bitcoin Price Trends in July
As noted by Coinpedia, BTC prices have gradually reflected the exponential growth of global money supply (M2). The U.S. government needs to increase budget deficits, which means that the money supply will increase in the short term, a highly favorable situation for Bitcoin.
The performance of BTC in July will largely be influenced by the performance of the U.S. spot BTC ETF. Under the leadership of BlackRock's IBIT, the U.S. spot BTC ETF has recorded approximately $12.8 billion in net cash inflows over the past three months.
Meanwhile, monitoring the performance of large companies that have implemented Bitcoin fund management plans in July will help determine Bitcoin's price trends. Additionally, the rise in institutional investor demand has led to a sharp decline in the number of disposable Bitcoins on centralized exchanges, exacerbating supply and demand shocks. #美股代币化 #特朗普马斯克分歧 #比特币