Bitcoin Maintains Uptrend Near $112,000 Support Amid Institutional ETF Interest and Market Caution
Main Idea
Bitcoin reached a record monthly close of $116,480 in July 2025, driven by institutional demand and ETF inflows, while Ethereum celebrated its 10th anniversary with strong DeFi growth and ETF inflows.
Key Points
1. Bitcoin's record monthly close at $116,480 was fueled by institutional interest from spot ETFs and corporate treasury strategies, maintaining a bullish trend with key support at $112,000.
2. Ethereum's 10th anniversary highlighted its central role in DeFi, stablecoins, and NFTs, with over $80 billion in total value locked and a 560,000% price surge since launch.
3. US spot Ethereum ETFs recorded a 20-day consecutive net inflow streak, with July 2025 inflows exceeding $5.43 billion, boosting Ethereum's price by 55% year-to-date.
4. Altcoins experienced a 7.5% market cap decline, with memecoins like $BONK and $FARTCOIN leading losses at 22% and 30%, respectively, while some tokens like $IP gained 12%.
5. Institutional demand for Bitcoin ETFs is driven by the desire for regulated exposure and strategic reserve benefits without direct asset custody.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin closed July
Latest News
- Bitcoin Could Potentially Reach Half a Million as Corporations Outpace Individual Buyers, Says Samson Mow2025-08-04 11:52:19
- Solana Memecoin Platform Pump.fun Sees Possible Revenue and Trading Declines Amid Sector Cooling2025-08-04 11:51:40
- Bitcoin Volatility Hits Historic Low Relative to Gold, Signaling Shift in Digital Asset Risk2025-08-04 11:49:52
- Shiba Inu Whale Activity Drops to Zero, Suggesting Possible Prolonged Market Consolidation2025-08-04 11:35:17
- Bitcoin Sees Possible Profit-Taking Amid Fed Hawkishness While Ether Maintains Positive Fund Inflows2025-08-04 11:32:30