Deep Tide TechFlow news, on July 11, QCP released a brief stating that Bitcoin prices have surpassed $118,000, setting a new all-time high. This milestone level reflects market excitement and structural strength.
The main macro factors driving cryptocurrency increases include: the acceleration of imports and inventory building by global manufacturers before Trump's tariff policies, and a loose financial environment under U.S. Treasury dominance. Although the Federal Reserve maintains high policy rates, the U.S. Treasury, under Bessant's leadership, has implemented an 'active issuance strategy' that effectively reduces interest rate volatility by issuing short-term government bonds and repurchasing long-term bonds.
Meanwhile, the influx of ETF funds and the pace of purchases by listed cryptocurrency companies have outstripped the speed of token issuance and miners' sell-offs. Market observers note: 'Signs of a bubble are often difficult to distinguish from signs of mass adoption.' The rise in copper prices and new highs in global stock indexes have also driven the strengthening of hedging assets like gold and Bitcoin against currency depreciation.
