Bitcoin Price Watch: $120,000 Rally Ahead as BlackRock Enters BTC Staking Discussion with SEC

Quick Summary:

Bitcoin (BTC) Holds Firm at 120-Day Peaks Bitcoin price climbed to a 120-day high of $103,890 on Friday, propelled by favorable macro conditions and renewed institutional appetite.

Bitcoin price stays firm above $103,000 as BlackRock’s crypto ETF discussions with SEC spark speculation of a long-term rally toward $120,000.

Despite multiple rejections near $105,000, BTC price maintains a steady floor above $102,500, suggesting solid buyer interest.

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets: IndiaPakistan

Topics: Bitcoin Bitcoin (BTC) Price Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-10 @ 20:48:53 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28543433

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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