Bitcoin tops $107K as Fed hopes, AZ law, and ETF inflows lift crypto market momentum

Bitcoin tops $107K as Fed hopes, AZ law, and ETF inflows lift crypto market momentum

Crypto markets are steady amid optimism over a possible Federal Reserve rate cut, Arizona’s new Bitcoin reserve law, and strong institutional inflows. Bitcoin rose 2 to $107,127, while Solana jumped 6. IntoTheBlock data shows rising large transaction volumes and active addresses for Bitcoin and Ethereum. Spot Bitcoin ETFs saw $588.6 million in inflows Tuesday, while Ethereum ETFs added $71.2 million. Traders noted Bitcoin’s reclaim of key resistance and potential to break a multi-week downtrend. Ethereum, Solana, and Dogecoin also showed technical strength, with analysts pointing to potential breakouts if key levels are held or surpassed.


User: Benzinga

Views: 58

Uploaded: 2025-06-25

Duration: 00:48

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