Why is Bitcoin price up today? The hidden fuel behind BTC’s $109k breakout

Bitcoin pressure around $ 110,000, winning almost 3% in 24 hours, while macro catalysts break. A rare mixture of high volume flows, geopolitical titles and FNB tail winds pushes traders at the head of what could be a disorderly but important July.

July 2^NDBitcoin (BTC) added almost $ 2,900 at its price, from $ 106,300 to just over $ 109,700 before repairing certain gains to negotiate $ 109,600 at the time of writing, according to Crypto.News.

This decision, supported by a sharp increase in negotiation activity to $ 52.6 billion, places the original crypto at less than 3% of its highest $ 111,970. The tip of volume indicates that buyers do not only test waters, they engage in capital in size, Bitcoin representing almost 45% of the total trading activity of the cryptography market on Wednesday.

Under the surface: ETF flow and politics teams

The latest Bitcoin Price rally coincides with a rare convergence of liquidity, political expectations and the change in behavior of investors.

Standard Chartered This week reiterated its bold call for BTC to reach $ 135,000 per quarter and $ 200,000 by the end of the year, quoting what it called a “new flow regime”. According to the global manager of research on the digital assets of the bank, Geoffrey Kendrick, FNB entries, the purchase of business cash and sovereign accumulation are now the dominant price engines – having the post -reversed crisis story which defined the previous cycles.

In the second quarter, institutional buyers added 245,000 BTC, with an increasing share from unnamed public companies in strategy. This request should accelerate to the quarter and Q4, as passive ETF allocations are deepening and more companies imitate heavy leveraged cash strategies developed by Michael Saylor.

Beyond Bitcoin Spot ETF, the Rex-Osprey Solana + Staking ETF made a surprisingly solid start, drawing a volume of $ 20 million on the first day. Eric Balchunas de Bloomberg described The Performance as “1% higher for new launches”.

The momentum of the fund suggests that confidence in the Crypto FNB is far from saturated. In fact, the success of the products based on Altcoin can strengthen the legitimacy of the BTC as an anchoring acquisition of the sector.

President Donald Trump has also announced a new trade agreement with Vietnam, which has helped to raise American actions and risk largely assets. In the new terms, the United States will impose a tariff of 20% on Vietnamese exports and a 40% levy on reached goods, while American products receive access without tariff to the Vietnamese market.

The markets interpreted the agreement as part of a broader post-electoral pivot towards an aggressive economic posture. Bitcoin, often grouped with risky businesses during periods of geopolitical volatility, has caught an offer alongside technological actions. At noon, the Nasdaq increased by 0.8% and Bitcoin had already crossed the $ 109,000 mark.