Written by NewsBTC
Reviewed by NewsBTC
Written by NewsBTC
BTC is rising and might attempt to clear the $118,600 resistance zone to gain bullish momentum.
Global interest in stablecoins has hit unprecedented levels, with Google searches for the term “stablecoins” reaching an all-time high in July 2025.
Bitcoin’s price is beginning to recover after a brief period of stagnation, trading at $118,945 at the time of writing.
Bitcoin slipped from an intraday peak above $119,000 late Thursday to trade as low as $115,800 in European morning hours.
As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over rising exchange deposits are mounting.