Suyay
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#BTCBreaksATH
Bitcoin (BTC) reached a new all-time high by exceeding 112,000 USD on July 9, touching a peak of 112,022 USD before stabilizing around 111,300 USD.
This rally, driven by growing institutional demand and strong inflows into ETFs in the U.S. – over 218 MM USD just this Thursday – reflects a solid risk appetite.
Analysts associate this surge with signs of interest rate cuts, a steady flow of BTC ETFs, and a favorable macro environment, supported by public policies that do not hinder crypto growth.
As BTC sets new highs, traders warn of possible corrections, although the overall trend remains upward.
We will monitor volumes, effects on altcoins, and the impact of movements in ETFs.
Bitcoin (BTC) reached a new all-time high by exceeding 112,000 USD on July 9, touching a peak of 112,022 USD before stabilizing around 111,300 USD.
This rally, driven by growing institutional demand and strong inflows into ETFs in the U.S. – over 218 MM USD just this Thursday – reflects a solid risk appetite.
Analysts associate this surge with signs of interest rate cuts, a steady flow of BTC ETFs, and a favorable macro environment, supported by public policies that do not hinder crypto growth.
As BTC sets new highs, traders warn of possible corrections, although the overall trend remains upward.
We will monitor volumes, effects on altcoins, and the impact of movements in ETFs.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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