CoinVoice has recently learned that, according to 4E observations, the price of Bitcoin has continued to fluctuate near historical highs over the past 72 hours, with market sentiment remaining optimistic. As of July 15, 2025, 15:00 (UTC+8), Bitcoin is currently reported at $118,730, with a fluctuation range maintained between $117,500 and $119,800 over the past 72 hours, indicating strong short-term support and a robust backing from institutions.

The main reason for this strong market trend remains the continuous capital inflow from the U.S. spot Bitcoin ETF. BlackRock iShares Bitcoin Trust (IBIT) has seen total holdings surpass 704,000 BTC, with a market value approaching $76 billion. Data shows that on Monday (July 14), there was a net inflow of approximately $164 million, far exceeding the daily capital inflow of newly issued bonds during the same period, highlighting the attractiveness of crypto assets to traditional capital allocation.

At the same time, concept stocks closely related to crypto in the U.S. stock market have performed strongly. MicroStrategy (MSTR) continued its upward trend from last week, increasing by about 5.6% over the past 72 hours, while Riot Platforms and Marathon Digital also recorded moderate gains. Investors continue to show confidence in the dual logic of 'on-chain holdings + ETF-driven'.

On a macro level, the U.S. Congress's 'Crypto Week' has officially begun, with multiple legislative reviews such as the (CLARITY Act) and (GENIUS Act) underway, expected to promote institutional breakthroughs in areas like stablecoins and asset custody. In addition, the U.S. June CPI year-on-year growth has fallen to 2.8%, strengthening market expectations for interest rate cuts within the year and providing external support for risk assets.

4E reminds investors: although the market is strong, volatility remains frequent. It is advisable to closely monitor ETF capital flows and policy developments while reasonably controlling leverage levels. [Original link]