Why Bitcoin Might Just Hit Its Highest Price EVER This Week!

Well, well, well, look at Bitcoin, steady as she goes over the weekend, marching up to a mighty $118,000. But wait, hold on to your hats, folks, there’s more than meets the eye. The stars are aligning! 🚀

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Federal Reserve Hopes, ETF Inflows, and the Bullish Bonanza!

Now, if that wasn’t enough, let’s talk about some real juicy catalysts that could fuel this Bitcoin rocket ship to the moon. First up, American investors are snapping up Bitcoin like it’s the last slice of pizza. ETF inflows shot up by a jaw-dropping $246 million last week-quite the turnaround from the previous week’s $643 million outflow. Talk about a rebound! 🍕💸

There’s also this little thing called “supply on exchanges” that’s down to a teeny tiny level, making Bitcoin as rare as a unicorn in a field of daisies. And we all know what happens when something gets scarce-demand goes through the roof! 🦄📈

And, just when you thought things couldn’t get any better, the Federal Reserve might just start slashing interest rates in September. Oh yes, you heard me right! Those odds are climbing after the U.S. released some lackluster nonfarm payrolls data earlier this month. Hold your breath for more potential twists, folks!

But wait-if U.S. consumer price index data comes in weaker than expected on Tuesday, there’s a chance the Federal Reserve could speed things up, and Bitcoin would be all the happier for it. Economists are predicting that July’s CPI could hit 2.8%, and tariffs might just have something to do with it. 🧐

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2025-08-10 18:31