MORE STABLE AND NEUTRAL MARKET SENTIMENT.
Bitcoin reached new highs last month, hitting nearly 115,000 $ on May 22 and maintaining above 110,000 $ on July 10. This weekend, geopolitical tensions caused Bitcoin to drop to around $98,000, its lowest level in over a month, before rising back above $100,000.
Despite the volatility, the 30-day moving average remains strong at around $107,000. Borrowing rates have also decreased to 7%, half of their levels at the beginning of 2025, reflecting a more stable and neutral market sentiment.
Looking ahead, Bitcoin's dual role as a growth technology asset and macroeconomic hedge allows it to benefit from various scenarios, whether through increased risk appetite during stable periods or as a reserve asset during global uncertainty.