TL;DR
Bitcoin is closing in on the $70,000 mark again after a week of steady inflows into U.S. spot ETFs, rising retail interest, and growing anticipation around the 2025 halving event.
📈 Market Snapshot
| Metric | Value |
|---|---|
| Bitcoin Price | $68,900 (as of July 29, 2025) |
| 7D Change | +6.4% |
| Total ETF Inflows | $581M this week |
| Retail Wallet Growth | +14% in July |
Source: CoinShares, rttnews.com
🧠 What’s Driving This Rally?
1. 📊 Spot ETF Momentum
-
BlackRock, Fidelity, and Ark all reported inflows this week
-
Total BTC held by ETFs now surpasses 1.3 million BTC
-
Institutional buying remains consistent even during volatility
2. 🔥 Retail FOMO Returning
-
TikTok & Reddit crypto groups showing higher activity
-
Binance, Coinbase, and Kraken report 12–15% signup growth in past 2 weeks
-
Google Trends shows “Bitcoin buy now” up 41% WoW
3. ⛏️ Halving Sentiment Builds
-
The 2025 halving (expected Q1 2026) is already impacting mining stocks
-
Lower projected supply = higher price potential
-
Long-term holders are not selling, which adds supply pressure
🏦 Institutional Signals
| Firm | Position |
|---|---|
| BlackRock | +$220M inflow |
| ARK Invest | +$91M inflow |
| Fidelity | +$174M inflow |
Cathie Wood (ARK):
“Bitcoin is not just digital gold now. It’s digital AI-proof capital.”
Bitcoin
📊 Bitcoin Dominance & Altcoins
-
Bitcoin dominance holds at 53.2%
-
Ethereum lags slightly, down 1.1%
-
Solana and Chainlink see modest gains (~2–3%)
🔮 What’s Next?
-
$70K resistance could break if ETF inflows continue
-
Watch out for Fed rate news later this week
-
Possible altcoin catch-up rally if BTC stabilizes
