Bitcoin Hovers Near $108K Amidst Market Dynamics

Edited by: Yuliya Shumai

As of July 2, 2025, Bitcoin (BTC) is trading at $107,785, marking a 1.15% increase from its previous close (Source: July 2, 2025). The cryptocurrency has been fluctuating between $100,000 and $110,000 after surpassing $100,000 in December 2024.

In April 2025, daily ETF inflows reached $912 million, more than 500 times the 2025 daily average, driven by institutional interest (Source: July 2, 2025). Despite these inflows, Bitcoin's price has struggled to exceed the $120,000 target.

Strategic selling by hedge funds and early investors has created price resistance (Source: July 2, 2025). The U.S. Strategic Bitcoin Reserve, established in March 2025, has also introduced new market dynamics. Analysts recommend monitoring large wallets and macroeconomic indicators for future trends.

Sources

  • NewsBTC

  • Cointelegraph

  • Wikipedia

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