$BTC
The price of Bitcoin shows bullish momentum approaching $109,000 (July 8, 2025), driven by institutional ETF inflows, regulatory shifts, and technical indicators suggesting potential volatility.
BlackRock's iShares Bitcoin Trust holds 700,000 Bitcoins (over $80 billion), dominating 55% of U.S. ETF holdings (BlackRock).
Pakistan has launched the PVARA authority to regulate cryptocurrencies, facing opposition from the International Monetary Fund regarding support for Bitcoin mining (PVARA).
The Bitcoin Bollinger Bands index has dropped to 7.7%, representing a historical precedent for upward price movements.