Here’s why Bitcoin and crypto prices are in a bull run today
2025-07-10 13:15:59
Main Idea
Bitcoin and the crypto market reached record highs, with significant inflows into Bitcoin and Ethereum ETFs, while analysts predict further gains and potential rate cuts.
Key Points
1. Bitcoin surged to a record high of $112,000, and the crypto market cap exceeded $3.5 trillion.
2. The Greed Index entered the extreme greed zone at 75, indicating heightened market optimism.
3. Spot Bitcoin ETFs surpassed $50 billion in assets, with BlackRock’s IBIT ETF holding over $77 billion.
4. Spot Ethereum ETFs saw inflows of over $211 million in a single day, totaling $4.72 billion year-to-date.
5. Analysts anticipate a 0.25% rate cut in September and project Bitcoin could reach $140,000 in the coming months.
Description
Bitcoin and crypto prices resumed their bull run this week, helped by numerous tailwinds. Bitcoin ( BTC ) surged to a record high of $112,000, while the crypto market cap jumped to over $3.5 trillion. The rally occurred amid ongoing risk-on sentiment in the financial markets, as investors disregarded trade-related risks. One example was the rising Fear and Greed Index, which moved into the extreme greed zone of 75. Another notable development was the surging NVIDIA stock price , which reached a ...
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