{"id":116358,"date":"2025-07-09T19:28:07","date_gmt":"2025-07-09T15:28:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=116358"},"modified":"2025-07-09T19:29:15","modified_gmt":"2025-07-09T15:29:15","slug":"bitcoin-holds-at-108873-amid-tariff-concerns-and-etf-boom","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-holds-at-108873-amid-tariff-concerns-and-etf-boom\/07\/09\/market-updates\/","title":{"rendered":"Bitcoin Holds at $108,873 Amid Tariff Concerns and ETF Boom"},"content":{"rendered":"\n<p>On Wednesday, Bitcoin stabilized at $108,873, down 0.07% after failing to sustain a breakout above $110,000, near its all-time high of $112,000. U.S. tariff threats and surging institutional demand through crypto ETFs are driving market dynamics. <br><br>With trade tensions rising and derivatives interest spiking, Bitcoin\u2019s long-term bullish trend persists, but short-term volatility looms. Meanwhile, policymakers deliver clear trade and regulatory signals to stabilize markets and sustain BTC\u2019s momentum.<br><br><strong>Tariff Tensions Fuel Volatility<br><\/strong><br>U.S. tariff threats, extended to August 1 with rates up to 25% targeting Japan and South Korea, have curbed risk appetite, contributing to Bitcoin\u2019s 0.07% dip to $108,873. The International Monetary Fund projects a 0.5% global GDP reduction from tariffs, spurring cautious trading. A recent $8.6 billion transfer of 80,000 BTC from 2011 wallets to modern addresses signals whale activity, potentially amplifying volatility. <br><br>Investors await trade negotiation outcomes, with a potential correction looming at the 0.618 Fibonacci retracement level of $102,909 if tensions persist.<br><br><strong>ETF Inflows Drive Bullish Sentiment<br><\/strong><br>Bitcoin\u2019s market cap stands at $2.17 trillion, with derivatives open interest rising from $60 billion to $70 billion in early 2025, fueled by ETF inflows. A major Bitcoin ETF holds over $75 billion in assets, with $164 million in recent inflows, while a new crypto ETF filing underscores corporate adoption, with 54 companies investing $500 million in BTC treasuries. Despite a possible Wave 2 correction to $102,909\u2013$104,000, per Elliott Wave analysis, Bitcoin eyes $110,500 in a Wave 3 rally.<br><br><strong>Regulatory Clarity and Market Signals<br><\/strong><br>Recent stablecoin legislation aims to bolster BTC adoption, but a bull trap above $110,000 suggests whale-driven liquidity grabs. Federal Reserve minutes, due July 9, may clarify September rate cut odds (78% per CME FedWatch Tool), impacting BTC\u2019s inflation hedge appeal. The Fair Value Gap at $102,000\u2013$104,000 offers a strategic entry point.<br><br><strong>Path to Sustained Rally<br><\/strong><br>Bitcoin\u2019s stability at $108,873 reflects tariff-driven caution and institutional enthusiasm. U.S. policymakers do clarify trade policies, and regulators endavour to ensure transparent crypto frameworks. Investors are keen on monitoring the $102,909\u2013$104,000 range, FOMC minutes, and trade talks. Without coordinated action, BTC risks a pullback, but a Wave 3 could push prices to $110,500 or beyond by August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, Bitcoin stabilized at $108,873, down 0.07% after failing to sustain a breakout above $110,000, near its all-time high of $112,000. U.S. tariff threats and surging institutional demand through crypto ETFs are driving market dynamics. With trade tensions rising and derivatives interest spiking, Bitcoin\u2019s long-term bullish trend persists, but short-term volatility looms. Meanwhile, policymakers &hellip;<\/p>\n","protected":false},"author":13,"featured_media":108592,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,37,36],"tags":[],"class_list":["post-116358","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=116358"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116358\/revisions"}],"predecessor-version":[{"id":116397,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116358\/revisions\/116397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/108592"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=116358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=116358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=116358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}