Bitcoin Approaches New Highs Near $112,000 Amid Potential Fed Rate Cuts and Strong ETF Demand

Key Points

1. Bitcoin reached $112,000 on Binance, breaking May 2025 resistance levels, driven by heightened market demand and investor optimism.

2. The Federal Reserve's June FOMC minutes indicated a consensus favoring at least one interest rate cut by the end of 2025, boosting Bitcoin's appeal.

3. U.S. spot Bitcoin ETFs saw over $13 billion in net inflows since April 2025, supporting price stability and upward momentum.

4. Technical analysis and market sentiment suggest potential for continued growth, with macroeconomic and policy factors reinforcing a favorable environment.

5. Broader macroeconomic trends, including inflationary pressures and a weakening U.S. dollar, further underpin Bitcoin's rally.