Bitcoin (BTC) will trade to a significant extent prior to the release of the Consumer Price Index (CPI) on August 12th.
Recent “Bitfinex Alpha” report with BTC deployed Either a breakout A new all-time high or setback to a support level of $110,000.
The August 12 inflation data represents a pivotal moment as market sensitivity to macroeconomic events reaches an increase in levels.
The report noted that Bitcoin recovered from its August 1 breakdown and successfully recovered a support level of $112,000 despite multiple failed attempts to break the $115,800 resistance.
Following the recovery, BTC temporarily broke past the $119,500 high, maintaining a breakout at press time, leaving traders in the “wait and watch” position.
Recovery Flow
This recovery follows a sudden reversal of Exchange-Traded Fund (ETF) flow. Between July 31st and August 5th, Spot Bitcoin ETF recorded net spills of over 1,500 BTC, worth approximately $1.45 billion, representing its largest four-day sales stretch since April 2025.
However, three trading sessions since August 5 resulted in a net inflow of $769 million, regaining market confidence.
Given the correlation between ETF flows in recent months and macroeconomic outcomes, the recently registered recovery is crucial in determining whether BTC will surpass the range towards a new all-time high or instead retest the recent lows.
Support from the Corporate Ministry of Finance continues
As finance companies increasingly follow the “strategic playbook,” corporate crypto adoption offers structural support. The cryptocurrency company's total net asset value has steadily risen since early April, approaching an all-time high of over $90 billion.
This institutional accumulation reflects a shift towards treating encryption as strategic reserves rather than speculative transactions.
Meanwhile, Bitcoin's advantage has recently declined, indicating a speculative capital turn towards Altcoins ahead of the release of macroeconomic data. Bitcoin is currently trading above $106,709, exceeding the short-term holder cost base, placing it in the “warm but not overheated” zone typical of the medium-term bull market situation.
The report shows that 45% of the recently acquired BTC is sold for profit, with about 70% of the short-term holder supply remaining profits. The balanced market background suggests continued volatility for key macro data releases.
However, given the price pattern of constantly exceeding or below the cost base of recent investors, conditions and vibrations between high and low ranges may continue.
Despite the risk of a potential setback to $110,000, the report rated the broader structural outlook as remaining constructive given the institutional accumulation and resilient spot demand.
Bitcoin Market Data
When reporting 9:49pm, UTC on August 11, 2025Bitcoin ranks number one in terms of market capitalization, and the price is above 0.33% Over the past 24 hours. Bitcoin has a market capitalization $2.37 trillion 24-hour trading volume $911.8 billion. Learn more about Bitcoin›
Overview of the Crypto Market
When reporting 9:49pm, UTC on August 11, 2025Crypto market totals are evaluated by $3.96 trillion There is a 24-hour volume $21.468 billion. Bitcoin's advantage is currently underway 59.83%. Crypto Market Details›
