BTC (Bitcoin) is poised to update its all-time high against the backdrop of progress in tariff negotiations and expectations of interest rate cuts | Latest trends and market forecasts for Bitcoin (BTC) | Moneyクリ Monex Securities' investment information and media useful for money.

Market Trends for This Week (July 4th - July 10th)

Market Review BTC (Bitcoin): Record Highs Amid Ongoing Trade Negotiations and High-Tech Stock Surge

Bitcoin updated its all-time high, influenced by the uncertainty surrounding Trump's tariffs, but positively received due to the extension of the deadline for the pause, aligning with the rise of U.S. tech stocks.

A transfer of funds from a large address on the blockchain was confirmed, leading to some caution regarding a sudden sell-off. However, data analytics firms pointed out that it is likely due to a simple update, which eased concerns in the market. Additionally, comments from Elon Musk suggesting support for Bitcoin also provided some support.

Subsequently, President Trump announced that the implementation of additional tariffs would be postponed until August 1, and also revealed new tariff measures against various countries. Although the market was mixed with good and bad news, expectations for the continuation of trade negotiations prevailed, and buying gradually intensified. Altcoins such as Solana, which began trading in physical ETFs in the U.S., and Ethereum, which has seen increasing purchases by companies, performed steadily, leading to a rise in Bitcoin as well.

The minutes of the FOMC (Federal Open Market Committee) indicated that while the expectations for a rate cut in July have diminished, the outlook for a rate cut within the year has been maintained. In response, technology stocks, led by Nvidia [NVDA], rose, and the Nasdaq Composite Index reached a new all-time high. Bitcoin also surged significantly, surpassing BTC=115,000 dollars (approximately 16.79 million yen) to set a new all-time high.

Market Forecast for Next Week (July 11 - July 17)

BTC is poised to update its all-time high against the backdrop of progress in tariff negotiations and expectations of interest rate cuts.

Next week's Bitcoin is expected to show a trend aiming for a record high, backed by expectations surrounding the ongoing tariff negotiations between the United States and various countries.

As President Trump announces a series of aggressive tariff measures, the market is showing a certain level of resilience, and an optimistic mood is spreading across risk assets as a whole. If progress is made in trade negotiations in the future, there is a possibility that the inflow of funds into Bitcoin may accelerate further. On the other hand, with China issuing warnings against tariff increases, there are signs that U.S.-China relations are deteriorating again, and if tensions deepen, a scenario where upward movement is constrained can also be anticipated.

In terms of U.S. monetary policy, expectations for a rate hold at the July meeting have strengthened following the recent employment statistics and the FOMC minutes. However, as long as the outlook for rate cuts by the end of the year is maintained, a favorable environment for risk assets, including Bitcoin, is still expected. On the other hand, if the U.S. consumer price index for June suggests ongoing inflation, there are concerns that selling may strengthen in the short term.

Next week, the U.S. House of Representatives is scheduled to deliberate on three major cryptocurrency-related bills, including the notable stablecoin legislation known as the "GENIUS Act," under the title "Crypto Week." If regulatory clarity improves the overall trust in the market, it could serve as an opportunity to attract new capital.

As for the recent price range, the upper limit is BTC=120,000 dollars (about 1,752,000 yen), and the lower limit is BTC=110,000 dollars (about 1,606,000 yen).