🌟 Crypto Market Update: Policy & Inflation Drive BTC Volatility
📌 Top News Influences
1. Crypto Week Momentum
0-2Bitcoin surged to ~$123,150 as U.S. Congress reviews key bills: the GENIUS Act, CLARITY Act, and Anti-CBDC Act—marking bipartisan movement toward stablecoin regulation and clear digital asset oversight .
576-0The pro-crypto stance has boosted institutional confidence and ETF inflows, pushing the total crypto market cap to an all-time $3.8 T .
2. Institutional Inflows & ETF Fuel
753-1Bitcoin spot ETFs have drawn $3.4 B in inflows so far this month—$2.2 B over the past two days alone—with open interest in futures rising to a record .
993-0This signals sustained institutional demand, not mere retail speculation .
3. CPI & Inflation Undercurrents
1111-1June CPI came in higher than expected (2.7% YoY), supporting a probability for Fed rate cuts being delayed .
1306-0Despite inflation news, markets are treating the CPI release as a non-event for the rally—BTC held above the $117K support zone .
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📈 Why It Matters
Policy Clarity: Congressional bills signal long-term legitimacy and institutional confidence in crypto.
Macro Drivers: Higher inflation didn’t derail the rally; rate-cut expectations + dovish sentiment remain key.
Institutional Outlook: ETF and futures volume show that large-scale investors are trending bullish.
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🎯 Suggested Safe Entry Strategy
Entry Area:
$117,000 – $119,000: Key support from CPI reaction zone.
Confirmation Setup:
Look for bullish reversal signals on H4 (like a bullish engulfing candle) or volume spike on bounce.
Stop-Loss (SL):
Below $115,500 — guards against deeper pullback.
Target (TP):
1️⃣ TP1: $123,150 – revisit recent all-time high.
2️⃣ TP2: $126,000 – next psychological level if momentum continues.
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🛡️ Safe Entry Summary
> ✅ Buy Range: $117K–$119K
🛑 SL: < $115.5K
🎯 TP: $123.1K → $126K