$BTC

Bitcoin: 24-Hour Price Movement and Recent Global NewsAs of July 9, 2025, Bitcoin (BTC), the leading cryptocurrency, continues to captivate global markets with its dynamic price movements. In the last 24 hours, Bitcoin’s price hovered around $108,957, reflecting a modest 0.77% gain, according to recent market data. Despite a dip below $109,000, the cryptocurrency shows resilience amid ongoing volatility, influenced by macroeconomic factors and investor sentiment. Analysts highlight a range-bound trend between $108,250 and $110,000, with potential for a breakout if bullish momentum strengthens.Recent global news has significantly impacted Bitcoin’s trajectory. A surprise ceasefire between Iran and Israel, announced by US President Donald Trump, boosted investor confidence, pushing BTC above $106,000 with a 3.56% surge. Meanwhile, regulatory developments, including the proposed CLARITY Act, aim to shift crypto oversight to the Commodity Futures Trading Commission, signaling growing legitimacy. However, whale movements of 20,000 BTC and ETF outflows have sparked sell-off concerns, adding pressure. Institutional interest and potential Fed rate cuts further fuel speculation, with long-term forecasts eyeing $130,000–$150,000 by year-end. Bitcoin’s interplay with global liquidity and geopolitical events underscores its role as a financial frontier..