1. Bitcoin Hits $123K — Bold Forecasts Resurface
Bitcoin surged to a new all-time high of $123,000 this morning, fueled by institutional momentum and optimism around U.S. crypto policy.
The rally has reignited bold predictions — including those based on the Power Law model, which still points to a potential climb to $200K or even $300K by year’s end.
It’s a compelling framework with a decade-long track record, but reaching those targets would require a perfect storm:
* Sustained ETF inflows
* Favorable macro conditions
* Widespread institutional FOMO
2. IBIT Crosses $80B in Assets
BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, crossing the $80 billion AUM mark.
That milestone followed $2 billion in inflows over Thursday and Friday. The pace might slow, but the broader signal is clear:Bitcoin has firmly entered the mainstream institutional investment landscape.
3. MicroStrategy Buys $472M More Bitcoin
MicroStrategy just purchased 4,225 Bitcoin between July 7–13 for roughly $472 million at an average price near $112,000.
This brings their total holdings to approximately 601,550 BTC, continuing their strategy of aggressive corporate-level accumulation.
🔗 Want to go deeper? Explore the original sources:
* Bitcoin hits $123K & Power Law forecasts – CoinTelegraph & Trading View
* IBIT crosses $80B AUM – MSN
* MicroStrategy buys $472M in BTC – Seeking Alpha
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Bitcoin Universe is for informational purposes only and does not constitute financial advice.
