by | Jun 29, 2025 | Business
Bitcoin (BTC) rebounded strongly to over $107,000 amid Middle East ceasefire news, rising institutional demand, and improving macroeconomic signals. Discover what’s fueling this crypto surge and why a new all-time high could be near.
Bitcoin (BTC) has staged a powerful recovery, climbing nearly 7% this week to trade above $107,000 by Friday, just shy of its previous all-time high of $111,980.
The surge comes amid a confluence of bullish signals: easing geopolitical tensions, increasing institutional accumulation, a supportive regulatory environment, and strengthening macroeconomic fundamentals.
A Sharp Reversal From Weekend Lows
Bitcoin had tumbled to $98,200 on Sunday June 22, marking a 45-day low. But by Monday, it soared above $105,000 and maintained its momentum through midweek, closing at $107,000 on Wednesday and stabilizing around that level.
This rebound aligned with several market-moving headlines, most notably:
1. Middle East Ceasefire: Former US President Donald Trump announced a “complete and total” ceasefire between Israel and Iran, which helped defuse global market anxiety.
2. Macro Optimism: Investors are pricing in greater odds of a US Federal Reserve interest rate cut later this year. CME Group’s FedWatch Tool shows the probability of rates dropping to 3.75% or lower has surged to 53%, up from 38% last week.
3. US GDP Weakness: A Q1 GDP contraction of 0.5%, coupled with subdued jobless claims and a weak USD, supported risk-on assets like crypto.
Technical Signals Confirm the Bullish Shift
Three key indicators are reinforcing the bullish case for Bitcoin:
1. Exchange BTC Reserves Hit 10-Year Low
Data from CryptoQuant shows only 40,000 BTC are being transferred to exchanges daily, the lowest since 2014. Low exchange reserves historically precede major bull runs, as seen in 2016, 2019, and late 2023.
2. Bullish Engulfing Pattern on Weekly Chart
Bitcoin’s weekly chart displays a bullish engulfing candlestick pattern. The price bounced from the Fair Value Gap (FVG) zone between $97,900 and $100,700, signaling strong buyer support.
3. Strengthening Institutional Demand
Several public companies have accumulated BTC this week. Highlights include:
1. Metaplanet: Added a total of 2,665 BTC this week, bringing its holdings to 12,345 BTC.
2. ProCap BTC, LLC: Acquired 4,932 BTC following a $1B merger and $750M funding round.
3. Blockchain Group: Participated in BTC buying alongside corporate peers.
ETF Inflows Accelerate
Spot Bitcoin ETFs are seeing robust inflows, with over $1.71 billion added in the past week, the highest since May.
This 13-day streak of net inflows highlights the growing appetite for Bitcoin exposure among institutional and retail investors alike.
Regulatory Winds Shifting in Favor of Crypto
Two major regulatory developments have further bolstered confidence:
1. Fed Softens Stance: The US Federal Reserve dropped “reputational risk” from its bank oversight rules, a move that lifts restrictions on crypto banking access and custody services.
2. Crypto-Friendly Legislation: A bipartisan Senate bill would clarify when crypto is classified as a commodity vs. a security and give exchanges a clearer path to compliance under the Commodity Futures Trading Commission (CFTC).
Additionally, William Pulte of the FHFA announced that Fannie Mae and Freddie Mac are preparing to count crypto assets for mortgage qualification, potentially revolutionizing crypto’s use in traditional finance.
Mining Disruptions and Hashrate Dip
Despite bullish sentiment, Bitcoin’s hashrate dropped 8% over the past week, from 943.6 million TH/s to 865.1 million TH/s.
While some suspect geopolitical disruptions in Iran (a major hub for unregulated mining), others point to power outages in the U.S., such as the April storm in Texas and Oklahoma, which caused a temporary 27% drop in global hashpower.
Will Bitcoin Hit a New All-Time High?
From a technical perspective, BTC is primed for more gains. The Relative Strength Index (RSI) stands at 56, indicating moderate bullish momentum. The MACD also flashed a bullish crossover on Thursday, a classic buy signal.
To retest its all-time high of $111,980, BTC would need just a 5.13% push from current levels.
If this barrier is broken, analysts see the potential for a breakout to $120,000 in the coming weeks, especially if ETF inflows remain strong and macro conditions continue to favor risk assets.
Conclusion: A Bullish Storm Brewing
Bitcoin’s recovery from sub-$100K levels has been swift and well-supported by technical, institutional, and macroeconomic factors.
While volatility remains a constant, the building momentum suggests BTC could be on the cusp of another historic breakout.
As the crypto market continues to evolve rapidly, staying informed is crucial.
Stay ahead of every major trend, follow the latest updates, insights, and expert analysis on the Bitrue Blog.
by | Jun 29, 2025 | Business
Bitcoin’s price action shows strong bullish signals as technical indicators align, while financial experts like Ric Edelman call for higher crypto allocations in modern portfolios. Learn what this means for BTC’s future and how it compares to Gold. Stay updated via the Bitrue Blog.
Bitcoin (BTC) continues to defy expectations with a strong recovery and shifting sentiment from financial experts, setting the stage for what could be a monumental year in crypto.
With its price showing resilient strength across multiple timeframes and prominent financial voices like Ric Edelman urging larger crypto allocations, BTC is positioning itself not just as a digital asset, but a global macro contender alongside gold, real estate, and fiat.
Daily Chart: V-Shaped Reversal Signals Recovery
Bitcoin’s recent price correction from a high of $110,789 to a low of $98,240 has been met with a powerful V-shaped rebound.
Daily candles now show smaller-bodied green bars and rising volume, reflecting healthy, but moderated, bullish momentum. The price currently consolidates just below the $108,000 resistance mark.
A confirmed breakout above the $110,000 level, especially on significant volume, could trigger the next leg in Bitcoin’s long-term uptrend. On the downside, support at $103,000 and $98,000 offers a safety net based on historical buying activity.
4-Hour Chart: Bullish Flag Forms
Zooming into the 4-hour timeframe, BTC to USD is printing a textbook bullish flag, a continuation pattern often preceding upward movement. A breakout near $108,358 on strong volume suggests buyers are increasingly confident.
If the price retests the $107,000–$107,500 region and holds, it may offer a strategic entry point for traders. However, a breakdown below $106,800 could invalidate this short-term bullish structure.
1-Hour Chart: Consolidation and Breakout
The 1-hour chart reflects short-term accumulation and breakout behavior. Recent upward moves supported by increasing volume signal renewed momentum.
Entries in the $107,700–$108,000 range may be favorable for bulls, with stops placed below $107,200 to manage risk if sell-side pressure increases.
Technical Indicators: Bullish Momentum Emerges
1. RSI (Relative Strength Index): At 59, indicating a healthy neutral zone—neither overbought nor oversold.
2. Stochastic & CCI (Commodity Channel Index): Neutral, but showing early bullish leanings.
3. MACD & Momentum (10): In buy territory, supporting an emerging upward bias.
4. ADX (Average Directional Index): At 14, reflecting weak trend strength—but not contradicting other bullish signs.
Moving Averages: Strong Bullish Alignment
All major EMAs and SMAs—from 10-day to 200-day—are currently sitting below BTC’s market price, sending clear buy signals. Notably:
1. 10-day EMA: $106,462
2. 10-day SMA: $105,524
3. 200-day EMA: $94,475
4. 200-day SMA: $96,224
These levels confirm both short-term and long-term support for a sustained bullish run, contingent on volume spikes and breakout confirmations.
Ric Edelman’s Bold Call: Crypto Allocation Should Be 10–40%
Renowned financial advisor Ric Edelman, founder of the Digital Assets Council of Financial Advisors, has significantly shifted his view on crypto in investment portfolios. In 2021, Edelman recommended just a 1% allocation.
Today, he’s calling for 10% to as high as 40%, stating, “That’s astonishing. No one has ever said such a thing.”
Why the Sudden Shift?
1. Crypto’s Maturity: In Edelman’s view, the past four years have brought the industry from uncertainty to mainstream adoption.
2. Government Clarity: Questions around regulatory bans and obsolescence have mostly been resolved.
3. Institutional Adoption: Bitcoin ETFs and institutional inflows validate crypto’s role as a serious asset class.
Additionally, Edelman believes the traditional 60/40 portfolio model is obsolete, especially given increased life expectancy and the need for higher-return assets.
“Today’s 60-year-old is kind of like yesterday’s 30-year-old,” Edelman noted, emphasizing the need for risk-adjusted, high-growth investments like crypto.
He adds that Bitcoin is uncorrelated to traditional assets like stocks, bonds, or commodities, making it a powerful diversification tool.
Bitcoin vs. Gold: A New ATH on the Horizon?
According to pseudonymous analyst Checkmate, Bitcoin is on the verge of breaking its all-time high (ATH) against Gold (XAU), a level that’s remained untouched since 2021.
As of now, 1 BTC equals 32.72 ounces of gold, a figure that has grown over 50% in under a year.
Despite geopolitical instability boosting Gold’s appeal, Bitcoin has joined the elite ranks of global macro assets in record time, just 16 years after its inception.
Crypto analyst Willy Woo highlights this as unprecedented, noting BTC is the only asset added to that list in the last 150 years.
Gold-Pegged Stablecoins on the Rise
Digital interest in gold is also spiking. Tether Gold (XAUT) recently reached an $850 million market cap, signaling investor demand for both digital and traditional safe havens.
Bull vs. Bear Outlook
Bullish Case:
- Strong technical alignment across all timeframes
- All moving averages and key indicators signaling buy
- Institutional adoption and long-term asset recognition
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Analysts predicting BTC could reach $150K–$250K this year, $500K by decade’s end
Bearish Case:
- Oscillators like RSI and Stochastic remain neutral
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ADX shows low trend strength
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Breakdowns below $106,800 (4H) or $107,200 (1H) could invalidate the current bullish setup
Conclusion
With bullish momentum building across timeframes, institutional sentiment strengthening, and experts like Ric Edelman calling for major crypto exposure, Bitcoin appears poised for continued growth, not just in USD value, but as a global macro asset rivaling gold.
As Bitcoin approaches a potential breakout above $110,000, investors and traders alike would be wise to keep a close eye on volume and key support levels. Whether you’re a long-term holder or a tactical trader, the coming weeks may prove pivotal.
Stay Ahead of the Curve: To keep up with the latest Bitcoin analysis, market trends, and expert crypto insights, follow the Bitrue Blog for regular updates and actionable intelligence!
by | Jun 29, 2025 | Business
Ripple CEO Brad Garlinghouse’s unwavering support for XRP, paired with Ripple’s legal victories and growing ETF optimism, renews investor confidence. Explore XRP’s price outlook, tokenization potential, and what it could mean for XRP’s bold $20,000 forecast.
Ripple CEO Brad Garlinghouse has once again made headlines, not just for Ripple’s legal victories, but for his symbolic and deeply personal show of support for XRP.
In a recent post on X, Garlinghouse reaffirmed he is “1,000% committed” to XRP’s future, a sentiment he literally wears on his sleeve.
A Tattoo with a Message
Garlinghouse, a Harvard MBA and former Yahoo executive, proudly sports a tattoo that references the landmark summary judgment date, July 13, 2023, when Judge Analisa Torres ruled that Ripple’s programmatic sales of XRP did not constitute securities.
The tattoo also features planetary motifs, signifying his belief in XRP’s future on a cosmic scale.
Digital Asset Buy, a known XRP influencer, praised Garlinghouse’s decision to get tattooed past age 50, stating it symbolizes deep conviction: “When someone with a Harvard MBA gets a tattoo after 50, they have thought it through.”
However, crypto tattoos haven’t always aged well. Mike Novogratz of Galaxy Digital showcased a Luna tattoo shortly before the token’s catastrophic collapse.
His firm later paid $200 million in penalties related to that very debacle, a stark reminder that market sentiment can turn quickly.
Ripple’s Legal Momentum: The Cross-Appeal Withdrawal
Adding to bullish sentiment, Ripple has officially dropped its cross-appeal in the case against the U.S. SEC.
Investors interpreted the move as strategic, especially as the SEC is now expected to withdraw its own appeal, potentially closing the book on a legal battle that began in December 2020.
Ripple’s decision came shortly after Judge Torres rejected the joint request for an indicative ruling on settlement terms.
Despite this, analysts like Fred Rispoli and Bill Morgan suggest Ripple is well-prepared and that institutional XRP sales through On-Demand Liquidity (ODL) may still be compliant with regulatory expectations.
Pro-crypto lawyer James Murphy noted that the SEC and Ripple do not require court approval to dismiss their appeals. If both parties proceed quickly, the resolution could pave the way for the long-awaited XRP-spot ETF, with October as the final approval deadline.
XRP Price Outlook: Key Technicals and Catalysts
XRP price trade at $2.1837 on June 29, outperforming the broader market. Though still below its 50-day EMA, it remains above the 200-day EMA, signaling a bullish long-term bias despite short-term uncertainty.
Key resistance lies at $2.6553 (May 12 high). A breakthrough could see XRP climb toward $3, and possibly its 2025 peak of $3.3999. Failure to maintain momentum, however, may trigger a dip below $2 and test support at $1.9299.
Technical Indicators:
- 14-day RSI: 50.26 (neutral, room to rise)
- 200-day EMA: Acts as key support
- 50-day EMA: Short-term resistance threshold
XRP’s Future: Could It Really Hit $20,000?
Among the more explosive narratives floating around is a renewed forecast that XRP could someday hit $20,000. First introduced in 2022 by game developer Chad Steingraber, the theory hinges on the rise of tokenized assets, bank adoption, and a supply squeeze.
1. Rise of Tokenized Assets
Steingraber envisions widespread issuance of stablecoins and CBDCs on the XRP Ledger. If hundreds of new tokens adopt XRP for settlement, daily demand could skyrocket.
2. Banks Using XRP as a Reserve Asset
According to the theory, major financial institutions could stockpile XRP as a backing asset in private ledgers, removing significant supply from circulation and triggering a demand shock.
3. Institutional Supply Absorption
Only ~20 billion XRP are in public hands after accounting for locked, burned, or lost tokens. If institutions absorb most of that, circulation could shrink to under 100 million, laying the groundwork for exponential price gains.
Yet, there are hurdles. The SEC’s case, though seemingly winding down, still casts a shadow. Ethereum and Solana remain dominant players in the tokenization space. XRP must prove superior in scalability, cost-efficiency, or regulatory clarity to gain traction.
A High-Risk, High-Reward Scenario
The $20,000 target hinges on multiple “ifs”:
- Explosive tokenization on XRPL
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Major banks holding XRP as reserves
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Real-world supply constraint
Failing any of these would dramatically scale back expectations. Still, the conversation itself underscores growing institutional interest in XRP and how regulatory clarity could be a game changer.
Conclusion
Ripple’s dropping of its cross-appeal, Garlinghouse’s personal branding, and the buzz around XRP’s role in tokenized finance reflect a maturing narrative.
While forecasts of XRP hitting five-figure territory are speculative, they represent growing confidence in its underlying infrastructure and legal positioning.
As Ripple edges closer to regulatory closure and eyes ETF approval, XRP remains one of the most closely watched digital assets in the market.
Stay ahead of the curve. Follow the latest updates on XRP, Ripple’s legal journey, and ETF progress by visiting the Bitrue Blog. The crypto landscape evolves quickly, don’t miss your next big opportunity.
by | Jun 29, 2025 | Business
July emerges as a pivotal month for crypto, with Bitcoin leading market gains, institutional interest rising, regulatory shifts in the U.S., and geopolitical relief boosting investor sentiment. Stay informed with the latest trends and updates.
From institutional moves to geopolitical surprises, the global crypto community is closely tracking a variety of powerful narratives.
July, in particular, has emerged as a potentially pivotal month in shaping the short-term direction of the crypto market. Here’s everything you need to know.
BTC Returns to the Spotlight
Bitcoin (BTC) is once again commanding center stage in the crypto landscape. The flagship cryptocurrency is drawing renewed attention as both a market anchor and a long-term store of value.
Several catalysts are contributing to the heightened focus on BTC:
- Institutional accumulation: Major financial entities are reportedly increasing their Bitcoin holdings.
- Bullish technical patterns: Analysts note signals pointing toward a continued bull run.
- Comparative strength: Bitcoin is outperforming several altcoins, prompting a reallocation of capital.
As investors grow wary of regulatory uncertainty in the altcoin space, BTC is increasingly seen as a “safe haven” within the volatile crypto universe.
Why ‘July’ Could Define the Next Crypto Chapter
The keyword ‘July’ has surged in trend metrics, underscoring its significance. Several critical developments are converging this month, including:
- Bitcoin price targets aiming for highs in late July, fueled by a bullish macro environment.
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Coinbase’s new perpetual futures product launching on July 21, set to attract institutional and professional traders.
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U.S. Senate debates on two key crypto-related bills: the GENIUS Act and the Clarity Act—both of which may redefine regulatory frameworks.
Multiple token launches and postponed hearings are also scheduled, suggesting that July could act as an inflection point, determining whether the current bullish sentiment has room to run.
Emerging Players: Yapyo, Bakkt, and Bhutan
Besides BTC, several lesser-known names have made headlines:
- Yapyo: This Arbitrum-based project gained traction after a successful pre-sale campaign and growing community buzz.
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Bakkt Holdings: The ICE-backed platform filed a massive $1 billion shelf offering with the U.S. SEC, sparking speculation about increased crypto involvement, particularly in Bitcoin custody services.
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Bhutan’s secret BTC mine: Perhaps the most surprising reveal came from Bhutan, which has quietly mined 12,000 BTC since 2020, now worth over $1.3 billion, or 40% of its GDP. This makes Bhutan the third-largest sovereign Bitcoin holder globally, behind only the U.S. and China. Uniquely, Bhutan’s mining efforts are fully powered by hydroelectricity.
Geopolitical Relief Rallies Crypto
Crypto markets rallied sharply this week following a major geopolitical development. On Monday, U.S. President Donald Trump announced a “complete and total” ceasefire between Iran and Israel, ending 12 days of escalating conflict.
The result? A strong wave of risk-on sentiment:
- Bitcoin jumped 4.33%, closing above $105,333.
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Etherium surged nearly 9%, touching $2,420.
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Altcoins like XRP and Solana posted similar gains.
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According to CoinGlass, $358 million worth of short positions were liquidated in the aftermath.
Although the ceasefire news gave crypto markets a boost, it’s important to note that some reports indicated renewed tension, suggesting the situation remains fluid.
Regulatory Tailwinds from the Fed
In a separate but significant regulatory development, the U.S. Federal Reserve announced it will no longer consider “reputational risk” in its supervision of banks.
This marks a shift from previous actions, like those seen in Operation Choke Point 2.0, which indirectly pressured banks to sever ties with crypto businesses.
Per the Fed’s statement: “The Board has started the process of reviewing and removing references to reputation and reputational risk from its supervisory materials…”
Crypto advocates like Senator Cynthia Lummis hailed the move as a win for financial freedom, though she cautioned that further reforms are still necessary.
This change is expected to ease pressure on banks that provide custody or other services to digital asset firms, opening the door for broader institutional adoption.
Is the Rally Sustainable?
While optimism is high, not all analysts are convinced the recent surge will hold. Aaron Dishner of The Better Traders Club warned: “…hidden bearish divergence is starting to show up. Markets reacted with relief but the effects may be short-lived.”
This suggests that while the ceasefire and regulatory relief sparked immediate enthusiasm, longer-term bullishness will likely depend on structural developments, such as successful legislation, stronger institutional entry, and continued macroeconomic stability.
Conclusion: Stay Ahead in Crypto
With major developments unfolding, from market rallies to geopolitical peace talks and regulatory shifts, it’s clear that July could redefine the crypto narrative for the rest of the year.
To stay informed with expert insights, real-time analysis, and the latest market updates, follow the Bitrue Blog today. Don’t miss a beat in the fast-paced world of digital assets.
by | Jun 28, 2025 | Business
Local brand introduces alcohol-free, fabric-safe fragrance mist designed specifically for hijabi women
METRO MANILA, PHILIPPINES – June 27, 2025
zoOsh, a proudly local brand based in Metro Manila, today announced the launch of the Philippines’ first Hijab Perfume Mist — a refreshing and fabric-safe fragrance solution specially designed for hijabi women.
What’s New
The zoOsh Hijab Perfume Mist is an alcohol-free, lightweight fragrance that’s safe for all types of hijab fabrics, from delicate chiffon to comfortable jersey. The inaugural collection features two signature scents: Pink Candy, offering a sweet, youthful fragrance, and Blue Blossom, delivering soft, floral freshness. Each mist was crafted not only for fragrance but also to boost confidence and comfort, helping Muslim women feel fresh and empowered throughout the day.
Why It Matters
This launch addresses a significant gap in the Philippine market for Muslim-friendly, fabric-safe fragrances. As modest fashion continues to gain momentum globally and locally, zoOsh positions itself at the forefront of providing halal-conscious, hijabi-centered lifestyle essentials. The product responds to the specific needs of Filipino Muslim women who have long sought fragrance options that align with their religious practices and lifestyle requirements.
Meeting Community Needs
The development of zoOsh Hijab Perfume Mist reflects a growing recognition of the diverse beauty and personal care needs within the Filipino Muslim community. By focusing on fabric safety and halal-friendly ingredients, the brand ensures that users can maintain their fragrance routine without compromising their hijab’s quality or their religious values.
Leadership Perspective
“Alhamdulillah, it’s been our dream to create something that truly speaks to the needs of the hijabi community,” said Sayang Zooshna, Founder of zoOsh. “zoOsh isn’t just a scent — it’s a daily self-care ritual that celebrates our identity, beauty, and freshness.”
Availability and Future Plans
The zoOsh Hijab Perfume Mist marks the beginning of the brand’s commitment to serving the Filipino Muslim community with thoughtfully designed lifestyle products. With two scents launching the collection, the company plans to expand its fragrance offerings based on community feedback and demand.
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