$BTC As of today, July 12, 2025, Bitcoin (BTC) coin pairs are experiencing a significant rally. BTC has recently broken through key resistance levels, hitting a new all-time high of $118,000. This surge is largely attributed to renewed institutional interest and substantial inflows into US spot Bitcoin ETFs, which have seen over $51 billion in net inflows.

The sentiment is overwhelmingly bullish, with technical indicators showing BTC in a high-momentum phase. Expectations of Federal Reserve rate cuts in Q3 are also fueling investor optimism. While Bitcoin's dominance remains strong, the market is also buzzing with discussions of a potential "altcoin season" in the near future. Overall, the current outlook for BTC is positive, with analysts eyeing targets beyond $120,000.