{"id":162586,"date":"2025-07-13T17:45:25","date_gmt":"2025-07-13T14:45:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162586"},"modified":"2025-07-13T17:45:25","modified_gmt":"2025-07-13T14:45:25","slug":"bitcoin-reaches-119000-milestone-as-corporate-demand-and-etf-inflows-rise","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-reaches-119000-milestone-as-corporate-demand-and-etf-inflows-rise\/","title":{"rendered":"Bitcoin Reaches $119,000 Milestone as Corporate Demand and ETF Inflows Rise\u00a0"},"content":{"rendered":"
The recent rally was accelerated by speculation surrounding large corporate BTC purchases. According to CoinMarketCap, treasury firms have reportedly acquired over $554 million worth of Bitcoin this week, though exact sources remain unconfirmed. These signals mirror past accumulation cycles\u2014such as those led by MicroStrategy\u2014where speculative buying from institutions preceded parabolic price moves.<\/p>\n
At the same time, spot Bitcoin ETFs saw weekly inflows of $1.18 billion, indicating continued appetite from traditional finance. This demand comes despite broader market caution, with many viewing BTC as a hedge against macro uncertainty and a high-yield store of value in a shifting global economy.<\/p>\n
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On-chain data reveals that Bitcoin held on exchanges has dropped to a 10-year low\u2014now at just 1.25% of total supply. This sharp reduction in exchange-held BTC reduces immediate selling pressure and reinforces the asset\u2019s scarcity narrative. The circulating supply sits at 19.89 million BTC, with only 1.11 million left to be mined under the fixed 21 million cap.<\/p>\n
Meanwhile, the 24-hour trading volume fell to $43.56 billion\u2014down 22.4%\u2014suggesting that the recent move was driven more by spot buyers and long-term holders than speculative traders.<\/p>\n