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Bitcoin price retargets $119K as treasuries buy 28K BTC in two days

cryptoweekly by cryptoweekly
July 31, 2025
in bitcoin, News
0

Bitcoin market sentiment shrugs off a hawkish Fed FOMC meeting in an instant amid fresh promises of a US strategic Bitcoin reserve becoming a reality.

Key points:

Bitcoin ditches its latest dip as strategic reserve hopes replace nerves over Federal Reserve policy.

BTC price aims for $119,000, gaining nearly 3% versus FOMC meeting lows.

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Recent Posts
  • Bitcoin price retargets $119K as treasuries buy 28K BTC in two days
  • Bitcoin miner Phoenix Group launches $150M crypto treasury for BTC, SOL
  • NFT sales surge to $574 million in July, second-highest in 2025
  • Ether, a ‘90s tech stock’ ends July with biggest gain in 3 years
  • The Ether Machine buys 15K ETH in $57M purchase, holdings top 334K
  • Ethereum activity may top 2024 as it stays key to DeFi, NFTs: DappRadar
  • Crypto class actions on pace to nearly double in 2025

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