🚀 Bitcoin Market Update (July 12, 2025)
Bitcoin (BTC) is making history, trading now around $118,000, its highest level ever. The rally is powered by massive inflows into spot Bitcoin ETFs, increased institutional demand, and optimism around upcoming U.S. crypto regulations.
📈 Quick Stats:
💰 Price: ~$118,000
🔼 24h Change: +0.31%
📊 24h Range: $116,800 – $118,600
🔥 Why is BTC Pumping?
✅ Huge investments flowing into Bitcoin ETFs from Wall Street giants
✅ Anticipation of U.S. crypto-friendly bills during “Crypto Week”
✅ Weak USD & expected Fed rate cuts boosting BTC appeal
⚠ What to Watch:
Next key target is $120,000, while major support is near $114,000.
Legislative updates in the U.S. next week could fuel more volatility.
📌 Summary:
Bitcoin is in full bull mode, breaking records and attracting global attention. But remember, big moves can also mean sharp pullbacks — trade wisely!
