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BTC/USD: Rally to Continue After Bitcoin Bullish Breakout
Bitcoin price continued its strong rally on Monday morning as demand from American investors rose. The BTC/USD pair crossed the important resistance level at 120,000, which is a few points below the all-time high of $123,000. Bitcoin has been in a strong surge in the past few days amid rising demand from Wall Street jumped. Data shows that spot Bitcoin ETF inflows continued the upward trajectory, rising in the last three consecutive days. They added $403 million assets on Friday, higher than the previous day $280 million. These ETFs now hold assets worth over $54 billion, with BlackRock’s IBIT ETF having over $86 ... (full story)
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From cointelegraph.com | Aug 11, 2025
Bitcoin price action wasted no time boosting the bulls after the weekly close. A swift surge took BTC/USD beyond $122,000, and local highs of $122,312 on Bitstamp came before a retracement began, per data from Cointelegraph Markets Pro and TradingView. In doing so, Bitcoin liquidated over $100 million in short positions as it took out a wall of liquidity ...
From tickmill.com | Aug 11, 2025
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