🔥 Bitcoin Trading Frenzy Heats Up: Bulls and Whales Shake the Market in July 2025 🔥
$BTC (BTC) is once again commanding the crypto spotlight as trading volumes surge and market sentiment turns increasingly bullish. July has kicked off with massive movements in the BTC market, hinting at a potential breakout that could redefine the second half of 2025.
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📊 24-Hour Trade Snapshot
Price Range: $61,700 – $64,300
Current Price: ~$63,850
24H Volume: Over $32 billion
Market Cap: Nearing $1.26 trillion
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🐳 Whale Activity on the Rise
On-chain analytics reveal a surge in whale transactions (>$1M), suggesting institutional interest is spiking again. A recent report by Glassnode shows a 19% increase in whale wallet accumulation since late June. This aligns with bullish sentiments ahead of anticipated macroeconomic announcements in the U.S.
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📈 Key Exchange Trends
Binance:$BTC BTC/USDT pair dominated trade, showing a 7.2% increase in volume.
Coinbase: BTC/USD pair saw a premium spike — signaling strong U.S. buyer appetite.
Derivatives Surge: Open interest in BTC futures and options rose by 12%, with a majority of positions leaning long.
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🔍 Technical Signals
RSI (Relative Strength Index): Hovering around 67 – edging close to the overbought zone.
200-Day Moving Average:$BTC BTC is comfortably trading above this line, reinforcing the bullish structure.
Support Levels: $62,000 & $60,
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