Bitcoin is nearing a new all-time high, driven by delayed US tariffs, positive policy shifts, and increasing investor confidence.
The US Treasury Secretary announced a postponement in tariff implementation from July 9 to August 1, providing more time for negotiations.
Bitcoin's weekly close at $109,443 reached an all-time high, with analysts predicting a new record soon. The upcoming US CPI data on July 15 is anticipated to influence Bitcoin's future.
The crypto market is experiencing a general uptrend, with altcoins also posting gains. The focus is on the upcoming economic data release and the supportive macroeconomic environment for potential new Bitcoin highs.