Bitcoin price remains unchanged despite negative news, $100,000 has become an important benchmark price for investors

Amid rising geopolitical risks and hawkish signals from the Federal Reserve, Bitcoin continues to maintain its level above $100,000, with analysts viewing its performance as evidence of its role as a macro hedge and Treasury reserve asset, believing that $100,000 has become an important benchmark price for investors.

US Stock Futures Decline, Bitcoin Remains at 104K

The Federal Reserve maintained interest rates on Wednesday, but Fed Chair Powell's hawkish remarks about tariffs ultimately driving up prices exceeded market expectations. With US President Trump considering an attack on Iran, US stock futures declined despite the June holiday market closure.

Bitcoin continues to consolidate around 104K. According to The Block, citing The Coin Bureau founder Nic Puckrin:

Bitcoin's $100,000 price is no longer just a support level; it is becoming a benchmark price for investors.

Puckrin noted that two more rate cuts are expected in the US this year, and the Bank of Japan has hinted at easing quantitative tightening policies by 2026. He stated that when liquidity flows in, Bitcoin will be the biggest beneficiary.

As institutional investors make large purchases, liquidity is about to return, and analysts warn that retail investors may need to reconsider taking profits too early.

Bitcoin ETF Sees Eight Consecutive Days of Net Inflows, Attracting $2.4 Billion

The Bitcoin ETF has seen net inflows for eight consecutive days since 6/9, accumulating $2.4 billion, indicating continued retail investment. Currently, the total assets of US Bitcoin spot ETFs have reached $127.4 billion, representing 6.12% of Bitcoin's market value. BlackRock's IBIT and Fidelity's FBTC have asset sizes of $71.1 billion and $20.5 billion respectively, further confirming institutional investors' demand for Bitcoin ETFs.

At the time of writing, Bitcoin was trading at $104,647, with a 24-hour trading volume of $18 billion.