Bitcoin
It rose more than $ 120,000 for the first time registered, carrying the gain of the year to date to 28%.
BTC is currently quoted above $ 121,000 from noon of Hong Kong, according to Coindesk market data.
The measure follows the decision of President Donald Trump to impose a 30% tariff in the EU and Mexico, as of August 1, and marks an upward resolution of approximately 48 hours of choppy price action that allowed signs of excess of short -term indicators to restart to reach.
The approach now changes to US inflation data. Due this week, which is expected to show the cost of living in June in the context of Trump’s commercial war.
According to FACTSET, economists expect the consumer price index (CPI) It rose 0.25% monthly in June, which is equivalent to an annualized growth of 2.6%. It is forecast that the central ICC, which excludes volatile food and energy, has increased per month and 3% annualized.
Risk assets, including BTC, can stagger a bit if inflation accelerates, delaying the cutting of the Fed rate. That said, the inconvenience could be limited given the strong impulse in terms of BTC corporate adoption, ETC inputs and positive regulatory perspectives in the United States.
According to John Glover, CEO of Ledn, the BTC rally has legs and prices could increase to $ 136,000 for the end of the year.
“We have finally broken to new maximums, confirming that the fall to $ 96K at the end of June satisfied the wave (II) obstacle (yellow line) Inside the biggest wave 5 (orange line)“Glover said in an email.
“While this does not change the ultimate goal of around $ 136K to complete this Toro race, it is likely to reduce the time it will have been completed. I was previously looking for this in the first quarter of 2026, but now it is likely to reach $ 136K at the end of the year,” he added.
