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#BTC Hits New High#


Bitcoin Surpassed 118,000 Dollars!

Bitcoin (BTC) broke a historical record by surpassing the $118,900 level as of July 11. This rise is supported by institutional demand in the markets, regulatory developments, and global economic factors.

Fundamental Reasons for the Rise

1. Spot ETF Inflows
There were consecutive inflows exceeding 1 billion dollars this week into spot Bitcoin investment vehicles in the US.
• These purchases made by large portfolio managers have created upward pressure on prices by reducing supply in the market.

2. Regulatory Developments
• Positive statements and plans regarding digital assets are on the agenda from the US side.
The "Digital Finance Week" that will take place next week has boosted investor confidence.

3. Macroeconomic Support
• Global developments and economic uncertainties are directing investors towards alternative assets.
This situation has led to a greater preference for digital assets.

Expert Predictions
According to analysts, if the current trend continues, it is possible for BTC to reach the level of 120,000 dollars by the end of July.
• Network data indicates that investors tend to hold long-term and that a strong accumulation phase is occurring.

Effects on the Market
With the rise of Bitcoin, there are also value increases in other projects such as Ethereum, Solana, and XRP.
Positive movements are also observed in the shares of companies connected to digital assets.

Meaning for Investors
• A strong upward movement is occurring.
• The risk of volatility continues. Therefore, it is important to act carefully and consciously.
• Key agenda: Developments on the US side and interest of large portfolios in the market.
#BTC#
#XRP#
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Sakura_3434vip
· 3h ago
Steadfast HODL💎
Reply0
CryptoInfosvip
· 19h ago
Ape In 🚀
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AylaShinexvip
· 07-12 07:38
Thank you for the information and sharing
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BIRJAvip
· 07-12 07:34
It was a great sharing, congratulations✌️
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Ryakpandavip
· 07-12 07:25
Steadfast HODL💎
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