Bitcoin
For the first time on the record, an increase from $ 120,000, the year-on-year gain increased to 28%.
According to data from Coindesk Market, BTC is currently trading above $ 121,000 as Midde Hong Kong Time.
The step follows President Donald Trump’s decision to impose 30% tariffs on the European Union and Mexico, which begins on August 1, and marks a rapid resolution for about 48 hours of 48 hours of early overcrowding, which allowed the overbot signal to rapidly reset the overbot signal from short -term indicators.
Now this week has focused on US inflation figures, which is expected to show the cost of living in June against the backdrop of Trump’s trade war.
According to the fact, Economists hope That consumer price index (CPI) An increase of 0.25% on a monthly basis in June, equivalent to 2.6% annual growth. The core CPI, which excludes volatile food and energy, is estimated to increase 0.3% monthly and 3% on an annual basis.
Risk property, including BTC, accelerates inflation, may delay the fed rate cut. He said, BTC, ETF inflow and positive regulatory approaches in the US can be limited to the negative side in view of the strong pace in the case of corporate adoption of corporate.
According to LEDN CEO John Glover, BTC rally has legs and prices may rise to $ 136,000 by the end of the year.
“We are finally broken to new heights, which confirms that in the end of June, it satisfies the wave dipped by $ 96k. (ii) Stabilize (Yellow line) 5 within a large wave (Orange line)“Glover said in an email.
He said, “This does not change the ultimate target of about $ 136K to complete this bull run, it is probably likely to reduce the time that will take place to complete it. I was first looking for this in Q1 of 2026, but now it is likely to be a hit of $ 136k at the end of the year,” he said.
