Bitcoin Maintains Uptrend Near $112,000 Support Amid Institutional ETF Interest and Market Caution

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.