ChainCatcher reports that according to 4E observations, over the past 72 hours, BTC price has been continuously oscillating near historical highs, with market sentiment remaining optimistic. As of July 15, 2025, 15:00 (UTC+8), BTC is currently trading at $118,730, with a 72-hour fluctuation range maintained between $117,500 and $119,800, showing a solid short-term support and strong institutional backing.
The primary reason for this strong market trend remains the continuous inflow of funds into the US spot BTC ETF. BlackRock's iShares Bitcoin Trust (IBIT) total holdings have exceeded 704,000 BTC, with a market value approaching $7.6 billion. Data shows that on Monday (July 14) alone, there was a net inflow of approximately $164 million, far surpassing the single-day fund inflow of newly issued bonds, highlighting the attractiveness of crypto assets to traditional fund allocation.
Meanwhile, crypto-related concept stocks in the US stock market are performing strongly. MicroStrategy (MSTR) continued its upward trend from last week, rising about 5.6% in the past 72 hours, while Riot Platforms and Marathon Digital also recorded moderate increases. Investors continue to show confidence in the "on-chain holdings + ETF driven" dual-wheel logic.
At the macro level, the US Congress "Crypto Week" has officially begun, with multiple legislative reviews such as the CLARITY Act and GENIUS Act in progress, potentially driving breakthroughs in stablecoin and asset custody areas. Additionally, the US June CPI year-on-year increase dropped to 2.8%, strengthening market expectations of interest rate cuts this year and providing external support for risk assets.
4E reminds investors: Although the market is strong, volatility remains frequent, and it is recommended to closely monitor ETF fund flows and policy developments while reasonably controlling leverage levels.
