- Bitcoin (BTC) trades above $107,700, up 1.4% as cryptocurrencies rise.
- Institutional interest and regulatory developments are boosting bullish sentiment.
- BTC price could climb to $110,000 and potentially reach a new all-time high.
Bitcoin (BTC) is currently trading above $107,700, up 1.4% over the past 24 hours as bulls push to retest the highs above $108,000 reached on Wednesday, June 25, 2025.
With daily volume rising 9% to more than $50 billion, the next upward move could be significant for BTC.
Notably, institutional enthusiasm and regulatory changes are helping fuel bullish sentiment. Among these developments is a ruling from the U.S. Federal Housing Finance Agency (FHFA) that allows Bitcoin and other crypto assets to be used as collateral for mortgage lending.
These shifts have many Bitcoin bulls expecting further gains to $110,000, despite geopolitical tensions between Israel and Iran and ongoing macroeconomic concerns.
BTC sees institutional interest and regulatory support
The crypto momentum is backed by strategic corporate moves, including aggressive BTC purchases by companies such as Metaplanet and MicroStrategy.
Alongside this, spot Bitcoin exchange-traded funds (ETFs) have seen an impressive 11 consecutive days of inflows.
Favorable regulatory winds are also reinforcing market sentiment. The FHFA announcement on June 25, 2025, marks a significant shift, integrating Bitcoin into traditional finance by allowing it to serve as mortgage collateral.
The industry views this development as an endorsement of digital assets as part of the global financial landscape, signaling broader acceptance.
Market experts say BTC’s role as a hedge against inflation and currency devaluation is gaining traction, positioning it as a strategic asset despite global uncertainty.
“Adding BTC to real estate will disrupt traditional property investing and, more importantly, SOLVE many problems inherent to real estate,” said Grant Cardone, CEO of Cardone Capital. “It will revolutionize single-family ownership and the complex commercial real estate sector… The Trump mandate to make the U.S. the crypto capital of the world is approaching quickly.”
Michael Saylor, founder and executive chairman of Strategy and former CEO of MicroStrategy, commented on X:
“Future generations will remember this as the moment Bitcoin entered the American dream.”
Bitcoin price outlook: key levels to watch
As Bitcoin climbs despite the Israel-Iran conflict, a retest of $108,000 would give bulls a chance to target $110,000 or higher.
The bullish trend, supported by large BTC purchases for treasury strategies, aligns with analyst forecasts that any correction will simply shake out weaker hands.
Data from CoinGlass highlights rising open interest and positive funding rates, underscoring traders’ bullish sentiment.
CryptoQuant data indicates that institutional purchases and ETF inflows point to a potential renewed advantage for BTC, even as the market shows resilience.
Positive funding rates on CoinGlass suggest traders are willing to pay premiums to hold long positions, reinforcing the bullish outlook.
A golden cross gives bulls an edge, with a key level to watch being the 50-day moving average at $105,570.
If a deeper pullback occurs, primary support sits at the 200-day moving average, currently around $96,004.