
BTC Flirts with $122K, ETH Surges 20%: CPI, Fed Cut Hopes Drive Crypto Higher | Institutions Buy the Dip
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About this listen
Hey fam, Crypto Willy here with your weekly wrap from The Bitcoin & Cryptocurrency Investment Show—and wow, the macro meets crypto story is front and center.
Bitcoin spent the weekend flirting with the $122,000 zone before cooling to the high $118Ks as traders braced for the U.S. July CPI print, a data drop that can swing risk assets in a heartbeat. According to DL News, analysts like CoinMarketCap’s Alice Liu say a softer CPI near 2.8% could “lock in” expectations for a September Fed rate cut—historically bullish for Bitcoin and growth tokens—and even “potentially trigger Bitcoin’s next all-time high.” Meanwhile, Ethereum outpaced with a 20% pop over the same stretch, hinting at rotation risk and L2 momentum across the stack.
Short-term chop hit Tuesday: Coinpedia flagged roughly $442 million in crypto liquidations as BTC dipped to around $118,883 intraday, with $72 million from long positions alone—classic pre-macro whipsaw behavior. DailyForex’s August outlook still frames support near $115,000 and a topside magnet toward $128,000, with liquidity thinner and big players steering the tape—so manage leverage and respect volatility.
Narratives are loud. Finbold reported that ChatGPT-5’s base case sees Bitcoin ending 2025 in the $140,000–$200,000 range if institutional demand keeps building, with upside scenarios pushing beyond $200K. DL News echoed that sentiment on “new ATH potential” tied to rate cuts. On the ground, flows keep the drumbeat going: Coinpedia highlighted ongoing inflows into BlackRock’s ETH ETF and a fresh $61 million BTC buy from Metaplanet—signals that corporates and institutions remain engaged even into overbought conditions.
On the alt side, rotation themes are hot. Crypto-Economy spotlighted Chainlink pushing deeper into cross-chain and enterprise data, Solana’s throughput tailwind across GameFi and DeFi, and Avalanche’s institutional DeFi and tokenization angle via subnets. CoinCentral leaned into Ethereum’s role as Web3’s backbone, with Layer 2s cutting fees and boosting throughput—key for the recent ETH catch-up rally. Just remember, marketing-heavy “Top X to buy” lists—but also headlines about presales like Layer Brett with eye-popping APYs—are noise-prone; stick to liquidity, real users, and audited code.
For traders eyeing the immediate setup:
- CPI and the Fed path are the catalysts—soft inflation favors a September cut and risk-on; a hot print keeps yields sticky and can pressure BTC and high beta.
- Spot ranges: DailyForex’s August map has $115,000 support; a reclaim of $122,000 opens $128,000. Wick risk increases around data—position small and use stops.
- ETH strength versus BTC is worth watching; sustained ETH/BTC bid often precedes broader alt participation.
For investors, the thesis hasn’t changed: structural buyers (ETFs, balance sheets like Metaplanet, and treasuries) plus halving-year liquidity dynamics support higher time frames. As Finbold summarized via ChatGPT-5 projections, the 2025 range skews upward with institutional demand and benign macro.
I’m Crypto Willy—thanks for tuning in. Come back next week for more. This has been a Quiet Please production, and for me, check out QuietPlease dot A I.
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