Bitcoin Nears $119K Ahead of Crypto Week – Digital Asset Rally Continues

Digital assets are rallying ahead of Crypto Week starting July 14, with Bitcoin approaching $119K and altcoins seeing strong gains. Institutional flows, regulatory expectations, and spot ETF demand are driving momentum.
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Crypto Rally Accelerates as Bitcoin Approaches $119K – Institutional Flows Rise

Rally en Digital Assets

  • Significant value gains were recorded en digital assets ahead of the “crypto week”, which will start el July 14, with institutional investor interest and expectations regarding regulations el crypto assets en the US.
  • While Bitcoin renewed its record levels por approaching 119 thousand dollars, altcoins also rose. Inflows to spot ETFs based el crypto assets traded en the US reached remarkable levels.
  • While uncertainties over trade wars continue, investors en digital assets seem to be pricing en expectations specific to the ecosystem itself. The process that started with Donald Trump for the adoption of cryptocurrencies por wider investor masses has again been the driving force of the recent rises and institutional interest has also supported this.
  • On the global markets side, developments el tariffs will be closely monitored and there is no important data el the economic data calendar today. We think that the upward trend en digital assets will continue with interim corrections.

For a detailed review of our twice-daily technical analysis report and the latest developments en digital assets click here.

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