Bitcoin Soars Amid $1B Daily ETF Inflows and U.S. Crypto Momentum

On July 11, 2025, Bitcoin surged to fresh record highs, with prices briefly touching the $118,700–$118,800 range before settling around $117,800–$118,100.

What’s Driving the Rally

  • Massive ETF Inflows: Spot Bitcoin ETFs have attracted over $1 billion daily including a record $1.18 billion in inflows bringing total 2025 ETF inflows to around $51 billion.
  • Short Squeeze: Over $1 billion in shorts were liquidated, accelerating the upward momentum.
  • Favorable U.S. Policy: Pro-crypto developments like the GENIUS Act, ongoing “Crypto Week” congressional discussions beginning July 14, and efforts to build a Strategic Bitcoin Reserve have bolstered institutional sentiment.
  • Technical & Macro Trends: Bitcoin’s breakout above the $113,000 support level and weakening U.S. dollar have provided further tailwinds.

Market Reactions & Ripple Effects

  • Crypto Stocks Up: U.S.-listed crypto firms like Coinbase and Riot jumped in premarket trading, as investors position ahead of policy clarity.
  • Altcoins Rising: Ethereum tipped above $3,000, with Solana, XRP, and other major altcoins following suit signaling a broadening “alt season.”

What’s Next on Bitcoin?

Analysts are watching several key levels and trends:

Price LevelImportance
Resistance: $120k–$128kJune breakouts near $120k; Fibonacci targets around $128k.
Support: $113k–$114.8kFormer resistance and on chain buy zones.

Macro factors such as the Federal Reserve signaling rate cuts in Q3 and progression of U.S. crypto legislation could sustain momentum. However, the market remains sensitive short-term volatility may occur as traders react post-breakout.

Bitcoin’s latest rally reflects a confluence of institutional adoption, unprecedented ETF inflows, encouraging regulatory developments, and technical breakout cementing its status as a rising macro asset. As the global crypto ecosystem gears up for U.S. “Crypto Week” and advancing regulatory frameworks, all eyes are on whether Bitcoin can maintain momentum toward and beyond the $120,000 mark.

Written By Ian Maleve