$BTC Here’s a concise 105-word update on **Bitcoin (BTC)**:

Bitcoin surged to a new **all-time high of $118,872.85**, driven by institutional demand and record inflows into Bitcoin ETFs ($1.18 billion on July 11 alone) . Analysts predict further gains, with Standard Chartered forecasting **$200,000 by year-end**, citing ETF adoption and potential U.S. strategic reserves . Whale activity remains pivotal, with long-term holders accumulating while newer investors take profits . Upcoming **U.S. Crypto Week (July 14–18)** could fuel momentum, with pro-crypto policies and regulatory clarity in focus . Short-term volatility persists, but macro trends (rate cuts, fiscal spending) support BTC’s role as a hedge .