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Bitcoin (BTC) is now held by nearly $ 108,341, hovering with renewed confidence after the official approval of Elon Musk about the support of America for the acceptance of Bitcoins. In a statement published on X, Musk described Fiat Money as “hopeless” and built Bitcoin as the cornerstone of the fiscal vision of the party before the election elections by 2026.
While critics dubbed the move “Soundbite”, Musk, SpaceX and Tesla, already holding nearly 19,800 BTC, worth over $ 2.1 billion. Its approval strengthens the credibility of the asset as a long -term security against inflation and centralized political risk. Although the announcement only triggered a modest increase to $ 107,838, the sentiment in the cryptic space has become significantly more optimistic.
A symbolic embrace of bitcoin by a political party led by one of the most influential entrepreneurs in the world could affect us cryptological regulation. It signals a wider shift in how digital assets can be treated in future political and economic strategies.
Metaplanet’s $ 237 million to buy a fuel bull narrative
Japanese metaplanet added 2 204 BTC this week for $ 237 million, becoming the fifth largest Bitcoin holder with 15,555 BTC. This jumps Tesla and Cleanspark, emphasizing the continuing expansion of Bitcoin’s treasury strategies among global companies.
- Average Purchase Price: 107 700 $ for BTC
- Total Shares: 15 555 BTC
- 2025 YTD Accumulation BTC: 3 400+ BTC
Just in:
The metaplanet bought another 2,205 bitcoins worth $ 240.8 million.
The company now holds 15 555 $ Btcworth $ 1.69. pic.twitter.com/nxwjch5fie
– Beincrypto (@beincrypto) 7th July 2025
This step comes in the middle of a wider institutional momentum. Companies such as strategies and Procap have increased their reserves and smaller companies have joined. added 226 BTC, now holds 1,000 BTC after it boasts a stunning return of 26,242% YTD.
Just in:
@Smarterwebuk He received $ 226.42 for 17.9 million GBP (~ $ 107,726 for BTC).
BTC yield: 26 242% YTD
Total Shares: 1,000 BTC
42.3 million GBP in cash ready for BTC
The smarter web company builds a #Bitcoin Treasures at the start speed – with accuracy to the public market. pic.twitter.com/dgci9sws2k
– Bitcoin for corporations (@bitcoinforcorps) 7th July 2025
Although some analysts claim that the earnings are disappearing from the early treasury, the continuing shopping of the metaplanet suggests that institutional beliefs remain solid. This strategic accumulation is a price price of padding during macro volatility and strengthens long -term bull expectations.
Bitcoin Technical Outlook: Key Support Holds
The 4-hour graph is reflected in the upward support of the trend, with a 50-SMA to $ 108,146 provides dynamic support. Resistance $ 108,941 remains a ceiling for breaking. The recent pricing structure is equipped with small candles and long wicks, which indicates indecision rather than rejection.
RSI sits neutral at 49.60 and no bearish divergence is present, suggesting that momentum is stable, but still looking for beliefs.
Escape over $ 108,941 could drive BTC towards $ 109,727 and $ 110,561. The loss of the trend line and 50-SMA could drag it to $ 107,323 or even $ 106,422.
Setup Settings:
- Buy input: Over $ 108,950 on a strong bull candle
- Objective 1: 109 727 $
- Objective 2: 110 561 $
- Stop-loss: Under 108,100 $
For the time being, the technical structure of bitcoins remains intact. As long as the trend line holds and the price remains above 50-SMA, the bulls maintain short-term control.
Bitcoin Hyper pre -sales over $ 2 million as prices are approaching
Bitcoin Hyper ($ Hyper)The first Bitcoin’s native 2 -powered Virtual Machine Solana (SVM), received more than $ 2 million in its public pre -platform, with $ 2,061,881 from the target $ 2,510,240. The token is the price of $ 0.012175, and the next price level is expected to be announced soon.
Bitcoin Hyper, designed to combine the security of bitcoins with the velocity of the Solana, allows fast, cheap intelligent contracts, DAPPS and MEME coins, all with a trouble -free BTC bridging. The project is audited by Consult and created for scalability, trust and simplicity.
The Golden Cross Meme attraction and real usefulness caused Bitcoin Hyper a candidate for layer 2.
Contribution Bitcoin prices prediction: $ 237 million Purchase and Musk’s Party Signal $ 110k Breakout He appeared for the first time Cryptonews.
