#USCryptoWeek #BTCBreaksATH
Analysis: What to expect for BTC next week amid its new ATHs?
$BTC ✨✨✨✨✨✨✨
#MemecoinSentiment Bitcoin has just experienced one of the most optimistic weeks of 2025, thanks to the new all-time highs reached. Today it is precisely marking new ATHs at 119,262 USD.
At the time of writing, the price of BTC is trading at 119,032 USD, with daily gains of 1.24%, weekly gains of 9.35%, and monthly gains of 13.56%. It is difficult to keep up with the price, and it is likely that between the publication and reading of this article the record levels have changed.
Currently, the price is at all-time highs and is aiming for 120,000 USD.
What is driving the record levels of Bitcoin right now?
The current levels of BTC are being driven mainly by renewed institutional interest. Spot Bitcoin ETFs are registering a strong wave of investments. Clearly, there is an influx of new capital into these funds, indicating that more investors are willing to bet on them and on Bitcoin.
Matt Hougan, Chief Investment Officer of Bitwise, explained on July 11 in an interview with CNBC that the demand for bitcoins from large companies and institutional investors is very high at the moment, but the supply is very limited. He indicated that the Bitcoin blockchain currently only produces 450 bitcoins per day, while in a single day ETF funds purchased 10,000 bitcoins, a figure that far exceeds daily production.
It is also worth noting that the price of Bitcoin tends to rise in contexts of global economic difficulties, such as the recent decline of the US dollar and the tension created by the possible imposition of new tariffs.
