🚀 Bitcoin Shatters $107K as SoFi Supercharges Crypto & NYSE Launches Trump ETF
Bitcoin just blasted past $107,000—fueled by SoFi's crypto surge and a controversial new Trump ETF hitting the NYSE. Here's why traders are losing their minds.
### The SoFi Effect: Mainstream Money Meets Crypto
SoFi's latest crypto push sent shockwaves through the market, proving even fintech giants can't ignore Bitcoin's gravitational pull. No white papers—just pure price action.
### NYSE's Trump ETF: Political Theater or Genius Play?
Wall Street's latest stunt? Packaging Trump-themed volatility into a neat ETF wrapper. Because nothing says 'hedge against inflation' like politicized meme stocks.
### The $107K Question: Sustainable or Speculative?
While institutional players cheer, skeptics whisper 'overheated.' But try telling that to the crypto degens stacking sats between martinis.
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One thing's clear: When traditional finance and crypto collide, the only certainty is volatility. And maybe—just maybe—another ATH before the suits find a way to tax it.
NYSE Files Rule for Trump-Backed BTC-ETH ETF
Adding to the bullish tone, the New York Stock Exchange filed to list a new ETF called the “Truth Social Bitcoin and Ethereum ETF,” backed by Trump Media and Yorkville America. The fund would allocate 75% to Bitcoin and 25% to Ethereum, with Crypto.com serving as custodian and liquidity provider.
BREAKING NEWS
#Trump's Truth Social files for bitcoin & Ethereum ETF with NYSE. pic.twitter.com/4KVmA4DChX
While SEC approval is still pending, the MOVE is viewed as a strategic step by Trump Media to align with pro-crypto sentiment. The filing landed just days after a separate ETF prospectus, signaling an aggressive push for crypto product offerings.
- ETF to hold 75% BTC, 25% ETH
- Crypto.com tapped as custodian
- Trump Media strengthens crypto ties
The announcement helped Bitcoin hold above $107,000, bolstered by expectations of broader market acceptance.
Bitcoin ETFs See $588M Inflows, Support Rally
Spot Bitcoin ETFs recorded their strongest daily inflow in weeks on Tuesday, with $588.6 million entering U.S. funds. BlackRock’s IBIT led the charge with $436.3 million, followed by Fidelity’s FBTC with $217.6 million. Meanwhile, Grayscale’s GBTC saw $85.2 million in outflows.
Momentum in crypto ETFs isn’t letting up.
Bitcoin ETFs scored their 11th straight day of inflows on June 24, pulling in $588.55M with @BlackRock’s IBIT soaking up a massive $436.32M
Ether ETFs also stayed green with $71.24M.
Bullish or overheated? Let us know!
This marked the 11th straight day of net inflows into spot ETFs and came amid a ceasefire between Israel and Iran, which helped de-risk broader markets. Analysts say ETF inflows are now the dominant driver of short-term BTC price movements, showing a strong correlation to price performance.
- BlackRock and Fidelity absorb most flows
- ETFs post 11-day inflow streak
- Ceasefire eases macro pressure
With Bitcoin bouncing from $98,000 lows to over $107,000, analysts note that investor perception of BTC as “digital gold” continues to strengthen.
Technical Setup: Bulls Hold $107K, Eye $108,740 Breakout
BTC/USD is consolidating just under $108,740 after breaking above a multi-week descending trendline NEAR $106,800. The MACD remains bullish but is flattening, signaling a pause in momentum.
- Breakout Entry: Above $108,740
- Targets: $110,490 and $112,080
- Pullback Buy Zone: $106,800 to $105,100
A confirmed move above $108,740 could spark the next leg higher. But for now, traders are watching volume and candle structure closely to gauge the breakout’s validity.
Bitcoin Hyper Presale Surges Past $1.6M—Layer 2 Just Got a Meme-Sized Boost
Bitcoin Hyper ($HYPER) has smashed through the $1.6 million milestone in its public presale, raising $1,608,571 out of a $1,831,658 target. With just hours left before the next price tier, buyers can still secure HYPER at $0.012025per token.
As the first Bitcoin-native Layer 2 powered by the Solana VIRTUAL Machine (SVM), Bitcoin Hyper delivers fast, low-cost smart contracts to the BTC network. It combines Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with ultra-low gas fees and seamless BTC bridging.
Audited by Consult, Bitcoin Hyper is built for trust, scale, and performance. Over 109 million $HYPER are already staked, with projected post-launch staking rewards of up to 480% APY. The token fuels gas fees, dApp access, and decentralized governance.
The presale accepts both crypto and cards, and through Web3Payments, no wallet is required. Meme culture meets utility, Bitcoin Hyper is quickly emerging as LAYER 2’s potential breakout star of 2025.
