Bitcoin Trades at $109,798 Amid ETF Inflows and Regulatory Developments

Edited by: Elena Weismann

On July 3, 2025, Bitcoin (BTC) is trading at $109,798, up 1.87% from the previous close. The intraday high reached $110,161. XRP is priced at $2.28, up 4.11% (Source: Reuters, 2025).

Bitcoin's recent surge is fueled by significant inflows into exchange-traded funds (ETFs), totaling $49.04 billion. This has positively impacted the broader cryptocurrency market, including XRP (Source: Reuters, 2025).

In May 2025, Bitcoin's price closed at $104,638.09, up 11.1% for the month. The average closing price in June 2025 was $106,082.56. The U.S. government's strategic initiatives, such as the Strategic Bitcoin Reserve established in March 2025, are also boosting investor confidence (Source: Reuters, 2025).

Traders are watching the upcoming U.S. nonfarm payrolls data, which could influence market dynamics. The historical high of around $112,000 may be tested before the end of this week (Source: Reuters, 2025).

Sources

  • CoinDesk

  • Reuters

  • Reuters

  • Axios

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