Today’s Bitcoin situation (July 12, 2025):
Current price: ~$117,659 USD (up about 0.85% intraday)
Intraday range: roughly $116,507 – $118,668
Recent highlights:
Bitcoin hit a fresh record high above $118,000, with peaks around $118,740 overnight, fueled by ETF inflows and optimism over potential U.S. interest-rate cuts .The rally comes in anticipation of crypto-friendly legislation (like the GENIUS and CLARITY Acts), and analysts see further upside—some even predicting a test of $120K or beyond by month-end .
📈 Market context:
Spot ETF demand remains strong: billions of dollars flowed into Bitcoin ETFs this month, boosting institutional buying.
Volume is robust—trading over $117 billion in 24 hours—indicating solid liquidity .
Bottom line: As of today, Bitcoin trades near $117.7K, having surged past its previous all-time high amid rising institutional interest and favorable policy momentum. Many analysts expect it to approach $120K imminently.
Would you like more in-depth analysis of the ETF inflows, or a forecast of Bitcoin's outlook?
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