Bitcoin Price Movement: Bitcoin is trading around $118,700, down 2.7% from its all-time high of $122,000 on July 14, 2025. Despite minor profit-taking, it remains in a strong uptrend with support at $117,000 and resistance at $122,000. Analysts suggest a potential rally to $124,000–$130,000 by early August if it breaks above $122,000 with strong volume.

Institutional Adoption: Coinbase and JPMorgan announced a partnership to offer crypto services, including transferring Chase Ultimate Rewards to USDC, funding Coinbase accounts with Chase credit cards, and direct bank integration. This reflects growing institutional interest. #NewsAboutCrypto