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- Bitcoin blasts past $124K
Bitcoin blasts past $124K
Record high driven by ETF demand, Fed cut hopes, and bullish momentum

Hello India, ride the crypto currents with Hanoomaan!
Bitcoin has just shattered expectations, climbing past the $124,000 mark in a stunning rally fueled by growing optimism for a Federal Reserve rate cut in September, robust spot‑ETF inflows, and easing inflation pressures crypto.news. As major institutional players pile in and technical patterns point to further upside, the question on everyone’s mind is: where could BTC go from here?
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🚀Bitcoin soars to record high. What’s next for the Crypto king?

Bitcoin price has hit a new all-time high above $124k, fueled by increasing odds of a Fed rate cut in September, boosted by July’s U.S. CPI reading.
Bitcoin has officially reached a new all-time high of over $124,000, driven by a powerful mix of institutional inflows, ETF buying pressure, and growing hopes for a September Fed rate cut.
📈 What’s fueling Bitcoin’s massive rally?
Fed Policy Shift: Traders are now betting on a potential interest rate cut this September, boosting risk-on assets like crypto.
ETF Demand: Spot Bitcoin ETFs, especially in the U.S., continue attracting billions in inflows.
Macro Optimism: Slowing inflation and dovish signals from the Federal Reserve are pushing risk appetite.
🔮 What’s next for Bitcoin in 2025?
Experts suggest we may not be done yet:
$135K-$150K price targets are circulating among analysts.
Chart patterns show bullish momentum, with no major resistance until higher psychological zones.
Any Fed confirmation on rate cuts could send BTC surging further.
⚠️ Risks to watch
Unexpected macroeconomic shocks.
Regulatory scrutiny, especially on ETFs and crypto taxation.
Whale sell-offs or profit-taking near ATHs.
Bitcoin’s breakout past $124K could mark the beginning of a new price discovery phase. With strong technical’s and supportive macro trends, BTC might just be gearing up for an even bigger bull run in the months ahead.
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Hanoomaan Crypto Markets team
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