#BinanceTurns8 Join the celebration of #BinanceTurns8 and win up to 888,888 USD in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_GZ5YH Bitcoin (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 regarding potential interest rate cuts by the United States Federal Reserve scheduled for September. Driven by institutional sentiment and regulatory clarity, including a strategic reserve of crypto from the United States, the leading digital asset has reclaimed 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 vigilant with emerging DeFi protocols, such as Mutuum Finance.

See also Dogecoin (Doge)