$BTC

BTC at a new peak: around $112,000, updating the record high and showing a growth of almost +20% in 2025. Volatility persists: after reaching $112,000, the price slightly retraced to $111,000 ().

Key drivers:

• Institutional demand: spot BTC-ETFs attracted tens of billions, supporting growth and strengthening investor confidence

• Macroeconomics: favorable conditions — a weak dollar, expectations of rate cuts, fiscal stimuli — strengthen the asset

• On-chain: institutions are reducing supply on exchanges, and long-term holders are not selling

Forecasts:

• Short term (July): a possible rise to $115,000–120,000

• Long term (end of 2025): a range of $150,000–200,000, focusing on institutional targets