Market Dynamics Analysis of Bitcoin (BTC) on August 12, 2025
On August 12, 2025, the Bitcoin (BTC) market exhibited a cautious yet optimistic trend. Bitcoin's price fluctuated around $122,000, approaching its historical high of $123,091, demonstrating strong upward momentum.
Key drivers of price increase
Institutional accumulation continues: Institutional investors are a significant force behind this rise. For example, MicroStrategy recently purchased 155 BTC at an average price of $116,400, showing strong confidence in long-term Bitcoin investment.
Strong inflow of Bitcoin ETF funds: Bitcoin ETF saw a net inflow of $1.9 billion in early August, a figure far exceeding the monthly Bitcoin mining volume, reflecting the enormous demand for such investment products in the market.