Bitcoin (BTC) continues to dominate the digital asset landscape as the world's first and most recognized cryptocurrency. As of July 4, 2025, Bitcoin is trading at $109,248.00**, showing a slight dip of **-0.307%** (-$336.77) in the short term. Despite minor fluctuations, BTC has demonstrated strong resilience and upward momentum over the past year, with a remarkable +79.301% increase in value. Year-to-date returns stand at +15.494%**, highlighting sustained investor confidence and growing institutional adoption.
Over the past month alone, Bitcoin’s price has oscillated between $98,200.00** and an impressive high of **$110,528.63, reflecting heightened market activity and volatility typical of mature yet dynamic crypto markets.
👉 Discover how market trends shape Bitcoin’s next move — explore real-time insights here.
Understanding Bitcoin’s Core Technology
At its foundation, Bitcoin operates on a decentralized blockchain network secured by advanced cryptographic techniques. This structure eliminates reliance on central authorities like banks or governments, enabling peer-to-peer transactions that are transparent, immutable, and secure.
Each transaction is verified by network nodes through proof-of-work (PoW), recorded on a public ledger, and grouped into blocks. The entire system ensures trustless interaction — users don’t need to rely on intermediaries to validate transfers.
This technological innovation has positioned Bitcoin not only as a medium of exchange but also as a store of value — often referred to as "digital gold" due to its capped supply of 21 million coins.
Technical Indicators: What the Data Says
Technical analysis plays a crucial role in evaluating Bitcoin’s current market position and forecasting future movements.
Simple Moving Averages (SMA)
| Period | Value | Comparison to Current Price |
|---|---|---|
| 10-day | $115,196.93 | Above |
| 20-day | $109,878.97 | Above |
| 50-day | $107,761.51 | Below |
| 100-day | $98,682.95 | Below |
| 250-day | $94,540.31 | Below |
The fact that the current price sits below both the 10-day and 20-day SMAs suggests short-term bearish pressure. However, it remains well above longer-term averages (50-day, 100-day, and 250-day), indicating strong underlying bullish sentiment over the medium to long term.
Relative Strength Index (RSI)
- RSI (9-day): 62.975
- 5-period SMA of RSI: 57.653
With the RSI above its moving average and approaching the 70 threshold (which signals overbought conditions), this suggests positive momentum building in the market. The current reading reflects growing buying pressure without yet entering overbought territory.
MACD (Moving Average Convergence Divergence)
- MACD (12,26): 837.672
- Signal Line (9 EMA): 515.205
- Histogram (Diff): 322.467
The positive MACD histogram indicates that upward momentum is accelerating. When MACD crosses above the signal line — which it already has — it typically signals a bullish trend continuation.
👉 Access live charts and technical tools to refine your trading strategy today.
Regulatory Landscape: Is Cryptocurrency Legal?
Yes — cryptocurrency trading is legal in Hong Kong. While digital assets are classified as virtual commodities rather than legal tender, they are fully recognized for investment and trading purposes.
The Securities and Futures Commission (SFC) regulates cryptocurrency exchanges operating in Hong Kong. Platforms must obtain a license to offer services legally, ensuring compliance with anti-money laundering (AML) and know-your-customer (KYC) standards.
Investors are strongly advised to verify whether their chosen exchange holds an official SFC license to protect their funds and personal data.
Always check the SFC’s official list of licensed virtual asset trading platforms before depositing funds.
Digital Wallet Security: How Safe Are Your Assets?
One of the most critical aspects of investing in Bitcoin is securing your holdings. Most digital wallets use a 12-word recovery phrase (also known as a seed phrase) to back up access.
This set of words acts as the master key to your wallet. If you lose access to your device or app, entering the correct sequence restores full control of your assets. However, if someone else gains access to your seed phrase, they can steal your funds — so it should never be shared or stored digitally.
Best practices include:
- Writing down your seed phrase on paper
- Storing it in a fireproof and waterproof safe
- Avoiding screenshots or cloud storage
- Never entering it on suspicious websites
Hardware wallets (cold storage) offer additional protection by keeping private keys offline.
Frequently Asked Questions
What is Bitcoin’s current price?
As of July 4, 2025, Bitcoin is priced at approximately $109,248.00, with minor intraday fluctuations.
Why is Bitcoin’s price volatile?
Bitcoin’s volatility stems from factors like macroeconomic trends, regulatory news, institutional activity, supply constraints (halving events), and speculative trading behavior.
How do I start investing in Bitcoin?
Begin by choosing a regulated exchange, completing identity verification, funding your account, and placing your first order. For enhanced security, transfer your BTC to a personal digital wallet after purchase.
Are cryptocurrency ETFs available?
Yes, Bitcoin ETFs have been approved in several jurisdictions, including the U.S. and Hong Kong, allowing investors to gain exposure to BTC price movements without holding the actual asset.
Can I trade Bitcoin 24/7?
Unlike traditional stock markets, cryptocurrency markets operate around the clock, every day of the year — offering continuous trading opportunities.
What affects Bitcoin’s price in real time?
Key drivers include global economic data releases, central bank policies, geopolitical events, whale movements (large transactions), exchange inflows/outflows, and on-chain activity metrics.
Market News Snapshot
Recent economic indicators have influenced investor sentiment across financial markets:
- June Inflation Rate: 4.10% — below expectations (July 3, 2025)
- Purchasing Managers’ Index (PMI): 52.90 — above forecast (July 1, 2025)
- Q1 GDP Growth: -0.50% — below projected growth (June 26, 2025)
- Interest Rate Decision: Unchanged at 4.50% — in line with forecasts (June 19, 2025)
- May Employment Data: Job growth at 2.40% — meeting expectations (June 11, 2025)
These macroeconomic signals help shape capital flows into alternative assets like Bitcoin, especially during periods of inflation or monetary uncertainty.
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Whether you're monitoring price action, evaluating wallet safety, or assessing regulatory developments, staying informed is key to navigating the evolving world of digital assets.