#BTCReclaims120K Surging Past $120,000
On August 11, 2025, Bitcoin breached the $122,000 mark, inching close to its all-time high of approximately $123,091 set earlier in July 2025. This momentum underscores robust investor demand amid institutional interest and favorable sentiment.
Muted Profit-Taking Signals Strength
Despite nearing historic heights, realized profit withdrawals have remained modest—under $750 million daily. That’s notably lower than the $2 billion-per-day peak seen in January and July, signaling that long-term holders are largely retaining their positions and potentially fueling further upward momentum.
Macro Triggers Ahead
Markets are closely watching the U.S. Consumer Price Index (CPI). A softer-than-expected reading (projected at 2.8% YoY in July) could boost expectations of a Fed interest rate cut in September—supporting crypto rallies. Conversely, hotter inflation could curb momentum.
