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🚀 Bitcoin Breaks $108K! | June 29, 2025 – 13:00 UTC
🔥 Market Alert
Bitcoin (BTC) has officially surged past the $108,000 mark, reaching $108,020 on major exchanges — signaling strong momentum as macro forces and institutional flows align.
⸻
📊 Price Snapshot
• BTC: $108,020 (+1.1%)
• ETH: $2,455.4 (+1.2%)
• SOL: $151.84 (+3.7%)
• Global Market Cap: $3.31T
⸻
📰 What’s Driving the Rally?
🌍 1. Global Liquidity Surge
Global M2 money supply hit new highs in June, fueling risk-on appetite in crypto markets. Bitcoin is benefiting as a hedge against fiat dilution and inflationary pressures.
⸻
🔐 2. Security-Driven Demand
A rise in offline crypto-related crimes — including violent kidnappings and targeted attacks — has driven more users to shift funds into Bitcoin. BTC is seen as a safer option compared to lesser-known altcoins or P2P trades.
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🧑💼 3. Institutional Interest Reignited
Institutional players are re-entering the market. Reports indicate large-scale accumulations from U.S. and UAE investors. Key figures like Michael Saylor continue to push Bitcoin as the strongest alternative to fiat.
⸻
🧠 Strategic Outlook
• Short-Term Resistance: $111,000 / $114,000
• Support Zone: $106,000
• Breakout Watch: Sustained close above $108.5K could lead to a push toward $116K+
#btc