$BTC Breaks $122K Resistance as ETF Inflows Continue


$BTC surged above $122,000 early Monday, moving within 1% of its all-time high of $123,000.


The rally followed three consecutive days of positive spot #BitcoinETF inflows totaling $773 million last week.


President #Trump's executive order allowing cryptocurrency in 401(k) retirement plans has opened potential access to $9 trillion in additional funds.


#MicroStrategy CEO Michael Saylor hinted at additional $BTC purchases for the company's $76.8 billion treasury.


Market sentiment remains in "Greed" territory at 70 on the Fear & Greed Index, indicating current investor confidence levels.


The rally pushed total cryptocurrency market capitalization to a new all-time high of $4.14 trillion, with $BTC leading the charge alongside $ETH gains.

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August 11, 2025 at 11:06 AM
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