#USCryptoWeek itcoin (BTC) has increased to approximately $ 118.016, setting new highs in response to substantial inflows into Bitcoin Spot ETFs, decreasing exchange supply, and growing investor optimism around potential Federal Reserve interest rate cuts scheduled for September. Driven by institutional sentiment and regulatory clarity, including a strategic reserve of cryptocurrency by 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 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)