Bitcoin Price Prediction: BTC Targets $124K as Trade Optimism and Institutional Demand Fuel Rally

Bitcoin’s bullish momentum continues to reshape world markets. Crypto lender Ledn has surpassed $1 billion in Bitcoin-backed loans, the US greenback has weakened on renewed commerce optimism, and American BTC, a Trump-linked agency, has expanded its holdings to $445 million.

Together, these strikes spotlight deepening institutional confidence as buyers more and more use BTC for liquidity, leverage, and long-term worth preservation.

Ledn Surpasses $1B in Bitcoin-Backed Loans as Demand Soars

Crypto lender Ledn has issued over $1 billion in Bitcoin-backed loans this yr, marking a pointy rise in crypto credit score demand as buyers select to borrow relatively than promote throughout the bull market. Since its inception, the agency has disbursed $2.8 billion in BTC loans, together with $392 million in Q3, and now operates in over 100 international locations, producing about $100 million yearly.

With BTC buying and selling above $115,500, extra holders are unlocking liquidity with out promoting, underscoring Bitcoin’s increasing function as each monetary collateral and long-term retailer of worth.

The milestone highlights Bitcoin’s increasing function as monetary collateral, reinforcing its place as each a retailer of worth and credit score asset within the evolving digital financial system.

US Dollar Falls as Trade Deal Hopes Lift Global Markets

The US greenback weakened on Monday towards main currencies, together with the euro, yuan, and Australian greenback, as optimism over a possible US-China commerce settlement boosted world market sentiment. President Donald Trump mentioned each side are near finalizing a deal and will meet later this week in South Korea, fueling investor confidence and easing demand for the buck as a safe-haven asset.

The Chinese yuan climbed to its highest stage in over a month after the People’s Bank of China set a stronger midpoint fee, whereas the Australian greenback gained following hawkish feedback from the nation’s central financial institution governor.

As threat urge for food improves and world equities rally, merchants are watching whether or not commerce progress and stronger Asian currencies will prolong the greenback’s decline this week.

Trump-Linked American BTC Boosts Treasury to $445M With New BTC Purchase

American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., has expanded its BTC treasury to three,865 BTC value $445 million after buying a further 1,414 BTC valued at $163 million. Eric Trump reaffirmed the corporate’s long-term confidence in BTC, emphasizing its mission to extend the “Bitcoin-per-share” ratio over time.

The firm went public on the Nasdaq below the ticker “ABTC” in September after merging with Gryphon Digital Mining. Its debut sparked robust market curiosity, with shares surging over 80% on the primary buying and selling day.

The newest buy deepens the hyperlink between Bitcoin adoption and U.S. politics, highlighting the Trump household’s rising involvement within the crypto sector. Following the announcement, Bitcoin costs climbed above $115,540, as buyers considered the transfer as a significant vote of confidence within the cryptocurrency’s future.

Bitcoin (BTC) Price Forecast: Bulls Eye $124K as Breakout Looms

Bitcoin (BTC/USD) is buying and selling round $114,572, consolidating after rebounding from the $108,600 assist zone. The each day chart exhibits a possible double-top sample forming close to $117,600, aligning with the 61.8% Fibonacci retracement, a key resistance stage the place sellers may reappear.

**Bitcoin Price Chart – Source: Tradingview**

The short-term outlook stays constructive as Bitcoin trades inside a rising channel, supported by a bullish EMA crossover between the 20-day and 50-day averages close to $112,300. The RSI at 54 indicators impartial momentum, leaving room for additional positive factors earlier than coming into overbought territory.

Recent Doji and spinning high candles point out short-term indecision as bulls take a look at the ceiling. A breakout above $117,600 may set off an advance towards $120,500 and $124,100, whereas failure to carry might result in a retest of $112,250.

If patrons keep management and world sentiment strengthens, Bitcoin may prolong its rally towards the $130K area within the coming weeks.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a brand new part to the Bitcoin ecosystem. While BTC stays the gold customary for safety, Bitcoin Hyper provides what it at all times lacked: Solana-level pace.

Built as the primary Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The end result: lightning-fast, low-cost good contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the venture emphasizes belief and scalability as adoption builds. And momentum is already robust. The presale has surpassed $24.7 million, with tokens priced at simply $0.013165 earlier than the subsequent enhance.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s largest ecosystems.

If Bitcoin constructed the muse, Bitcoin Hyper may make it quick, versatile, and enjoyable once more.

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