$BTC The 5 best cryptocurrencies to consider with Bitcoin's rise to $109,000

With institutional growth driven by ETFs and new fiscal stimuli in the U.S., analysts indicate a bullish trend for Bitcoin and highlight five promising cryptocurrencies.



Price Analysis

With Bitcoin trading above $109,000 this Wednesday, bulls show that they are strengthened and the price of BTC may gain new momentum in July, driven by strong institutional capital inflows through ETFs.

According to Taiamã Demaman, chief analyst at Coinext, these instruments accounted for 80% of the price variation of BTC in the last 30 days, totaling $3.75 billion in contributions since June 12.

"ETFs are establishing themselves as potential main catalysts for an upcoming rise, with recent contributions and the expectation of a new liquidity injection through fiscal stimuli in the United States," said Demaman.

Despite the challenging macroeconomic scenario, the analyst highlighted that Bitcoin showed strength in June, even in the face of geopolitical crises and the maintenance of U.S. interest rates between 4.25% and 4.50%.

"The month ended with expectations of a market decline, but Bitcoin fluctuated between $101,000 and $111,000, closing near $108,000 and demonstrating resilience," he assessed.

Demaman also commented on the effects of the new fiscal package from the Trump administration. "Even with interest rate cuts becoming increasingly unlikely, the government approved a series of exemptions that increase liquidity. This flow of capital, combined with corporate purchases of Bitcoin, such as those made by Méliuz in Brazil and by Strategy, reinforces a positive bias for the month of July."

According to him, the increased liquidity may even pressure inflation, but strengthens Bitcoin as a store of value.