$BTC Overview of BTC (Bitcoin)

• Current Price: Approximately $111,285, with a slight increase (~0.02%) from the previous close.

• Daily Range: Highest at $111,748, and lowest at $108,602.

#wtc #wct

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📈 Overview of Recent Trends

1. Breakthrough of ATH (All-Time High)

• On July 9, 2025, BTC surpassed the price of $112,000, recording a new ATH between $112,000–$112,022, before a slight retreat to levels of ~$111,200–$111,400 ﹣ which is a natural correction after hitting the peak

2. Reasons Driving the Rise

• Strong institutional inflows from Spot Bitcoin ETFs, such as IBIT from BlackRock – alone exceeding $13 billion over 4 months

• Whale Accumulation: Large investors (holding 1,000 to 10,000 BTC) continue to buy despite small holders taking profits

• Positive Economic Indicators: Anticipations of interest rate cuts from the Fed, and a decline in the dollar, which boosts demand for risk assets like Bitcoin ()