Bitcoin Don Pass $122K As ETF Inflows Reach Record And Presales Rally
Bitcoin price don skyrocket reach new all-time high, e pass $120,000 for July 11, and don cross $122,000 for July 14. Dis rally na powered by record institutional ETF inflows and Crypto Fear & Greed Index of 74 plus circulating supply dey reduce. Big BTC ETFs record total $1.029 billion inflow for July 11, wey BlackRock’s IBIT lead with $953 million. Forty-two companies add 61,309 BTC for June, while Michael Saylor’s Strategy start weekly buy again, increase e holdings to 597,325 BTC. Ethereum dey stable near $2,980, supported by $204 million ETH ETF inflows. Altcoins rise: HBAR jump 27%, XLM rise 22% before e v23.0.0rc2 upgrade, and ALGO climb 29% because real-world asset dey integrate. Crypto presales dey heat up as early-stage tokens like TOKEN6900 and Bitcoin Hyper dey attract whale-driven funding, example na Pump.fun’s PUMP wey raise over $500 million for 12 minutes. Traders suppose dey watch low-cap projects as dis liquidity-driven rally dey go. US lawmakers also get plan to vote on GENIUS Act, CLARITY Act and Anti-CBDC Surveillance State Act, wey fit bring regulatory clarity.
Bullish
Di mix wey record ETF inflows, big institution buyers and small supply don cause strong bullish momentum for Bitcoin, wey fit push price higher for short term. Big whales and corporate dem wey dey buy again—like how Michael Saylor don start to buy again plus 42 companies wey add over 61,309 BTC—dem dey boost demand and fit reduce how much supply dey. The way altcoins dey rally and presales dey hot show say people get big risk appetite and money dey chase assets wey get higher beta. For long term, steady institutional adoption through ETFs and potential clear regulation from US laws wey dey come fit support market stability and growth, meaning bullish outlook go continue.