đ Bitcoin Update â July 12, 2025
Current Price & Market Momentum
Bitcoin is trading around $117,482, fluctuating between a low of $117,041 and a high of $118,171 today. While down about 0.4% intraday, this pullback follows a record-shattering rally earlier in the week.
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đ Recent Highs & Institutional Surge
New AllâTime Highs: On July 11, Bitcoin surged past $118,000, reaching up to ~$118,755, driven by massive ETF inflows, short squeezes, and strong corporate adoption .
ETF Frenzy: BlackRockâs IBIT became the fastest ETF to hit $80âŻbillion AUMâdoing so in just 374 daysâwhile spot BTC ETFs have accumulated over $14âŻbillion this year .
Corporate Treasuries: Firms like MicroStrategy (Strategy Inc.) and others now hold vast BTC reservesâMicroStrategy alone has $64âŻbillion) .
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đŻ Market Outlook & Price Projections
Near-Term Forecasts: Changelly predicts a rise toward ~$129,700 by JulyâŻ13âa roughly 10â14% rally .
Analyst Targets: Some strategists cite potential peaks of $140K by year-end, while Bitwiseâs CIO expects $200K as a stretch goal .
Half-Year Themes: Continued corporate treasury adoption and broader institutional portfolios suggest BTC may solidify its role in diversified investment strategies .
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â ď¸ What to Watch This Week: âCrypto Weekâ (July 14â18)
House Votes on GENIUS, CLARITY, Anti-CBDC Acts: Passage would signify landmark regulatory clarityâlikely leading to another upside spike in BTC & crypto markets .
Volatility Potential: While clarity might drive institutional flows, unexpected delays or amendments could trigger short-term corrections.
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â Bottom Line
Bitcoin is consolidating after a historic rally fueled by ETF inflows, corporate appetite, and policy optimism. As Crypto Week looms, market attention is on U.S. legislators. A positive outcome could reignite momentum toward $130K+, while delays may induce a volatile shakeout.