Bitcoin hovers near $107,532 amid market indecision

Edited by: Yuliya Shumai

As of June 29, 2025, Bitcoin (BTC) is trading around $107,532, up 0.07% from the previous close. The day's high was $108,472, and the low was $107,206. (Source: Reuters, June 29, 2025)

Analyst KillaXBT notes Bitcoin is at a critical point, trapped between long and short liquidation zones. On the 7-day chart, long positions accumulate between $103,400 and $106,000, while short positions cluster around $108,000 to $109,000. (Source: Reuters, June 29, 2025)

Weekly network fees totaled $3.39 million, down 38.9% from the previous week. Exchange outflows of $310 million suggest strong market confidence. (Source: Reuters, June 29, 2025)

On March 6, 2025, the U.S. government established the Strategic Bitcoin Reserve. In May 2025, the Czech Justice Minister resigned due to a Bitcoin donation scandal. (Source: Reuters, June 29, 2025)

Sources

  • NewsBTC

  • Reuters

  • Reuters

  • Wikipedia

  • Wikipedia

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