Bitcoin Price Fluctuates Amidst Bullish Sentiment and Whale Activity

Edited by: Yuliya Shumai

On July 9, 2025, Bitcoin's price is at $108,385, up 0.53% from the previous close. Bullish sentiment on social media is high, with a ratio of 1.51 bullish comments to bearish ones, the highest in three weeks. The price briefly hit $109,595 before falling to $107,681.

Analysts note that high optimism has preceded price corrections in the past. Bitcoin whale wallets have sold off 14,140 BTC in the last week, indicating caution. Despite short-term volatility, the long-term trend is bullish, with whales accumulating for six months.

Upcoming events, such as the release of Federal Reserve minutes, may impact the market. Investors should watch these developments closely.

Sources

  • Cointelegraph

  • YCharts - Bitcoin Price

Did you find an error or inaccuracy?

We will consider your comments as soon as possible.