Bitcoin (BTC) hovers above $107,700, up 1.4% as cryptocurrencies edge higher. Institutional interest and regulatory news are driving bullish sentiment BTC price could rally to highs of $110k and then a new all-time high Bitcoin (BTC) currently trades above $107,700, up 1.4% in the past 24 hours as bulls look to retest the highs above $108,000 reached on Wednesday, June 25, 2025. With daily volume up 9% to over $50 billion, the next leg up could be huge for BTC. Notably, institutional enthusiasm and regulatory developments are driving the bullish sentiment, including the US Federal Housing order that Bitcoin and cryptocurrency can use their assets to get mortgages. These moves see Bitcoin bulls eye fresh gains to $110k, despite geopolitical tensions between Israel and Iran and lingering macroeconomic fears. BTC sees institutional interest, regulatory support The cryptocurrency’s momentum is bolstered by strategic corporate moves, including Metaplanet and MicroStrategy’s aggressive BTC purchases. Alongside this is an impressive 11 consecutive days of inflows into Bitcoin spot exchange-traded funds (ETFs). Regulatory tailwinds are also adding to market sentiment, with the US Federal Housing FHFA’s decision, announced on June 25, 2025, marking a historic shift. The integration of Bitcoin into traditional finance by allowing it to serve as mortgage collateral has industry stalwarts upbeat. As well as validating digital assets as part of global financial identity, the FHFA’s announcement means greater adoption. Market experts opine that BTC’s role as a hedge against inflation and currency devaluation is gaining traction, positioning it as a strategic asset despite global uncertainties. “Adding BTC to Real Estate will disrupt traditional real estate investing and more importantly SOLVE many of the problems inherent in real estate,” Grant Cardone, CEO of Cardone Capital, said. “This will revolutionize simple single family ownership and the complex commercial real estate industry … .Trump’s mandate to make USA crypto capital of the world is coming fast.” Strategy, formerly MicroStrategy’s, founder and executive chairman Michael Saylor commented via X: “Future generations will remember this as the moment Bitcoin entered the American dream.” Bitcoin price prediction: key levels to watch With Bitcoin breaking higher despite the Israel-Iran conflict, the retest of $108k provides bulls with a chance to target $110k or higher. The bullish trend in place, buoyed by major BTC purchases for treasury strategies, aligns with analyst predictions that corrections only help weed out the weak hands. BTC chart by TradingView Notably, CoinGlass data highlights rising open interest and a positive funding rate, underscoring bullish trader sentiment. Elsewhere, CryptoQuant data indicates that institutional buying and ETF inflows are indicating a potential new leg up, even as the market shows resilience. The positive funding rate on CoinGlass suggests traders are willing to pay premiums to hold long positions, reinforcing the bullish outlook. A golden crossover gives bulls the upper hand, with the key levels to watch amid this outlook being the 50-day at $105,570. If there’s a deeper pullback, key support would be at the 200-day moving average level, currently at $96,004.