The price of Bitcoin-BTC began Friday morning, recording its new highest levels higher than $ 118,400 with the support of institutional demand and increased investments received in the funds circulating on the Stock Exchange (ETF) and the renewed political support of the Trump administration, to surprise its launch, causing the exhibition of several of them to the victim of the forced transformation that has been speculating for years In a strong index of the transformation of the forced implementation in transactions for years, in a strong index of the transformation of the forced establishment in transactions for years, in a strong index of the transformation of the forced establishment in transactions for years, in a strong index of the transformation of forced implementation in transactions for years, in a strong index of Transactions for years, in a strong index of the transformation of the forced bite in transactions for the years.
Around six o’clock in the coordinated international time in the morning (UTC), the Bitcoin (Bitcoin) price exceeded its highest levels recorded a few hours before $ 113,734, so that the price of major digital currencies is currently increasing by an increase of around 24% compared to its value against the increase in its technical contexts has transformed into a positive decisive analyzes.
Traders rush to replace them after notable fluctuations
In a letter to its customers, the company explained that a spark of imminent penetration has become visible, a sign that it generally followed historically – offering earnings of around 20%, which means targeting the price of $ 133,000 by September.
The Crypto Fear & Greed index is now in the "Greed" Area after $ BTC Hit a new ATH earlier.
Where do you stay on a scale? pic.twitter.com/c4lkrf1fh– Coingecko (@coingcko) July 11, 2025
“Our trading indicators are likely to conduct current penetration – 60% – an extension in the current wave of heights for two months to come.”
Market conditions have experienced a calm change behind the scenes; Where the implicit fluctuation has recently recorded its lowest levels for months, which gives merchants to be entrusted to betting on the high price. At the same time, due to the expiration of June options without renewing many market players to their contracts, many have had trouble straightening up.
Liquidation of speculative agreements over a value of more than a billion dollars with the start of the price of Bitcoin currency (bitcoin)
In more ignition of the height wave, the carbetto speculation agreements were liquidated using a lever effect of $ 1.14 billion in just 24 hours, according to Coinglas website data, most of them are speculative transactions to decrease to a value of $ 1.02 billion. Bitcoin price fluctuations alone contributed to the wave of speculative transactions liquidation worth $ 591 million (that is to say more than half), followed by Ethereum-Eth to a Solana-Sol and Ripple-XRP value with strong losses.
Bitcoin momentum lights up thanks to Trump policies and the purchase of investment in the stock exchange funds (ETF) of $ 15 billion
This new wave of fluctuation coincided with the growing popularity of Trump policies supporting Cripto, as the American president signed – in March – an executive decree to establish national crypto reserves, to follow his administration by naming eminent supporters of the sector in influential positions, and the list included the appointment of Paul Atkins as director of the Surry and David Sacks and David Sacks.
This comes in the pursuit of companies related to Trump to consolidate their participation in the Cripto sector; Trump Media & Technology Group recently submitted a request to launch the Crypto Fund negotiated on the Multi-North Digital Stock Exchange, including Bitcoin.
With the continuous demand for funds circulating on the stock market (ETF) for money, and the continuous conditions of the macroeconomic economy and the availability of a favorable regulatory atmosphere, many traders in this growing penetration see an opportunity to launch a wave of lasting increases.
“Bitcoin) can move on to a higher commercial range”, Thiline, explaining that “from the avilla world, the boxes circulating on money have contributed to the purchase of Bitcoin Currencs (BTC) worth $ 15 billion to contribute to the high price.”
Currently, attention is waiting at the front – in the middle of market recovery again – on the emission of consumer price index (ICC) next week and at the launch of the “Corto Week” event in Washington, DC, because the two can provide new (or risks) of the most popular digital currency.
The price of Bitcoin-BTC begins to record its new highest levels at $ 118,404 and expectations of $ 130,000 with autumn solutions appeared first on Arab Cryptonews.
