#MyStrategyEvolution Bitcoin (BTC) has increased to approximately $ 118.016, establishing new highs in response to substantial inflows in Bitcoin Spot ETFs, decreasing exchange supply, and growing investor optimism regarding possible interest rate cuts by the United States Federal Reserve scheduled for September. Driven by institutional sentiment and regulatory clarity, including a strategic cryptocurrency reserve of the United States, the leading digital asset has reclaimed all-time high territory and is considering a move towards the level of $ 120.000.
With on-chain metrics pointing to a record low liquid supply, analysts suggest that Bitcoin may continue its ascent into August. Against this backdrop, industry observers remain alert to emerging DeFi protocols, such as Mutuum Finance.
See also Dogecoin (Doge)