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Bitcoin Blasts Past $108K as Trump’s Spending Plan and ETF Inflows Ignite Bull Run

cryptonews100_tggfrn by cryptonews100_tggfrn
June 30, 2025
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Bitcoin Blasts Past $108K as Trump’s Spending Plan and ETF Inflows Ignite Bull Run
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Bitcoin Price Hits $108K

Bitcoin is back in the spotlight tonight, surging above $108,000 for the primary time since March as a wave of institutional inflows and bullish macro headlines collide.

With President Donald Trump reaffirming his “progress will offset deficits” mantra and company treasuries piling into BTC, market momentum has turned sharply constructive.

However analysts warn that altcoins might face a pullback as capital rotates into Bitcoin dominance.

🔥 What’s Fueling the Surge?

Bitcoin’s sharp transfer tonight may be traced to a few converging catalysts:

  • Institutional Shopping for: Based on Blockchain.Information, BTC pierced via $108K as investor capital flowed out of altcoins and again into Bitcoin, pushed by rising confidence in its macro utility and value stability.
  • Trump’s Fiscal Feedback: Over the weekend, Trump reaffirmed his perception that financial progress pays for his proposed $3.8 trillion tax and spending bundle. The assertion, posted on Fact Social, boosted laborious belongings like BTC and gold as buyers guess on rising inflation and a weaker greenback. Coindesk studies crypto bulls are framing this as a “excellent macro setup” for continued Bitcoin energy.
  • Saylor’s Treasury Thesis: MicroStrategy’s Michael Saylor advised CryptoSlate that companies can develop as quick as they will concern credit score and purchase Bitcoin—highlighting ongoing institutional curiosity in utilizing BTC as a treasury reserve asset.

📉 Altcoin Rotation Warning

Regardless of the euphoria, not all crypto belongings are catching the identical bid. Analysts warning that profit-taking in Ethereum, Solana, and different main altcoins might speed up as dominance shifts towards Bitcoin. Blockchain.Information famous indicators of “altcoin bleed” even as BTC surged, suggesting merchants could also be cashing out of lower-cap tokens.

📊 Key Technical Ranges

  • Present Value: ~$108,700
  • 24-Hour Vary: $107,228 – $108,766
  • Help Zone: $107.2K–$107.5K
  • Resistance Goal: $110K and above if momentum continues

On-chain metrics stay robust, with rising whale accumulation and transaction volumes supporting bullish continuation into the week.

🔮 What to Watch This Week

  • Macroeconomic Updates: Treasury auctions, inflation knowledge, and updates on Trump’s proposed fiscal bundle might spark extra BTC volatility.
  • Altcoin Efficiency: Look ahead to potential short-term pullbacks in ETH, SOL, and DOGE if BTC continues to soak up liquidity.
  • Institutional Bulletins: Any new filings, ETFs, or company Bitcoin buys might additional validate the pattern.

Bitcoin’s resurgence is being pushed not simply by technical momentum, however by highly effective macroeconomic narratives.

As growth-driven inflation returns to the forefront, BTC is positioning itself as soon as once more as the world’s digital hedge. However with altcoins on shaky floor, this rally could also be extra selective than euphoric.


Bitcoin Guides and Assets:


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