📈 BTC Black Coal
Today's (July 10, 2025) Market Brief:
1. New Price High: Bitcoin has reached $112,000 for the first time, setting a new historical record, with a maximum 24-hour increase of 3%, and a cumulative increase of about 19% this year.
2. Liquidation Risk: Severe market fluctuations have caused 108,800 people to be liquidated, with a total liquidation amount of $510 million (nearly 90% being short positions).
3. Reasons for the Increase:
- Increased expectations for the Federal Reserve to cut interest rates (higher possibility in September);
- Expectations for relaxed U.S. cryptocurrency regulatory policies (new regulations may be implemented in July-August);
- Accelerated inflow of institutional funds, with increased risk appetite.
4. Risk Warning: In the short term, technical support to watch is between $110,300 and $110,500; if it breaks below or retraces to the $105,000 area; macroeconomic uncertainties (such as U.S. tariff policies, CPI data) may exacerbate volatility.