📰 Top Bitcoin News Highlights
Massive Institutional Sale Absorbed Smoothly
Galaxy Digital executed a $9 billion sale of around 80,000 BTC for an early investor with only a 1% dip in BTC price; the market recovered swiftly, showing increasing institutional maturity and resilience .
SEC Approves In‑Kind Redemptions for Bitcoin ETFs
The U.S. Securities and Exchange Commission now allows in-kind creations and redemptions for Bitcoin (and Ethereum) spot ETFs—meaning investors can trade actual crypto for ETF shares. This aligns with how traditional commodity ETFs operate and is expected to improve liquidity and efficiency .
Bitcoin Trading Range and Market Speculation
Bitcoin is trading around $118,800, up ~0.2% in the last 24 hours, having briefly dipped to ~$117,500 in Asian trading. Investors are eyeing the upcoming crypto policy report from the White House and the Federal Reserve’s interest rate decision, both expected to impact Bitcoin’s near-term direction .
Dollar‑Denominated ETF Flows Update
Spot Bitcoin ETFs saw positive cash inflows of about $157 million yesterday, continuing a steady accumulation trend even as Ethereum leads inflows overall across crypto ETFs .
Market Sentiment & Volatility Outlook
Analysts warn of increasing volatility in the coming 90 days after a brief lull. Although Bitcoin’s 30-day implied volatility recently dropped to ~36%, market signals suggest heightened volatility ahead. BTC’s chances of hitting $150K by August stand just under 20% .
Price Predictions 2025 & Beyond
According to Finder.com's July survey:
Average year‑end price for 2025: $145,167
Average high estimate: $162,353
Average low estimate: $87,618
Some bullish panelists even expect BTC to reach $250,000 by year-end .
Broader Crypto Market Backdrop
Institutional crypto inflows in July reached ~$11.2 billion, but Bitcoin products experienced a $175 million outflow, while Ethereum ETF inflows surged, indicating that “altseason” is here as attention shifts toward Ethereum and smaller tokens .
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