Bitcoin's Price Defies FOMC Fears as Institutional Confidence Soars

Bitcoin (BTC) maintained stability above $115,000 during the FOMC meeting period, with the price showing signs of resilience amid increased market activity. As of July 11, 2025, BTC surged past $118,000 during the day, marking a 6.3% increase in 24 hours, with the trading volume reaching $620.37 billion. This upward movement was supported by a combination of strong inflows into Bitcoin and Ethereum ETFs, which saw the second-highest single-day funding inflow in their history, reflecting heightened investor confidence in digital assets.

The technical analysis of BTC’s 4-hour k-line chart provided additional insights into the market dynamics. The MACD indicated a growing positive momentum, while RSI values exceeded 70, suggesting the potential for a pullback after an overbought condition. BOSS Wallet noted key levels of interest: support at $105,115 and resistance near $116,671. Immediate trading signals included potential buy levels at $109,961 and $108,065, with stop-loss points set at $107,362 for long positions. Sell opportunities were identified near $117,651 and $118,620, with a stop-loss at $118,221 for short positions.

In addition to market price movements, institutional activity also played a notable role. Japanese fashion brand ANAP Lightning Capital increased its BTC holdings by 28.74 BTC, bringing its total to 229.23 BTC. Similarly, Japanese company Remixpoint added 116.72 BTC to its portfolio, taking its total holdings to 1,168.28 BTC. These moves underscored the ongoing institutional adoption of Bitcoin as a strategic asset.

Centralized exchange (CEX) BTC holdings continued a downward trend, with total holdings dropping to 2.4 million BTC as of July 2025, a reduction of over 360,000 BTC since the beginning of the year. This decline suggests a shift in investor behavior, with more BTC being held in private or long-term storage rather than on exchanges. The trend highlights a growing preference for self-custody solutions, which align with broader market sentiments of decentralization and control.

On the regulatory front, a notable development emerged regarding the potential tax implications for companies holding large amounts of Bitcoin. CryptoQuant reported that Strategy (MSTR) faces potential tax liabilities due to new accounting rules (ASU 2023-08), which require firms to report Bitcoin at fair value, even without an actual sale. This could trigger a 15% minimum corporate tax liability (CAMT) starting in 2026. As a result, Strategy may be forced to sell part of its Bitcoin holdings to meet tax obligations, which could create additional market volatility.

Market participants also noted unusual movements from a high-profile whale. James Wynn, a well-known BTC short seller, suffered a significant loss of $28,065 as his position was liquidated. This event highlighted the risks associated with leveraged trading, especially in a highly volatile market. Conversely, the ARK Invest team added 498.526 BTC to its holdings via the ARKB 21Shares Bitcoin ETF, valued at $55.4 million. This move signaled continued confidence in Bitcoin’s long-term value and its potential as a strategic asset for institutional portfolios.

Despite these developments, the broader market remained cautious as the FOMC meeting unfolded. Investors were closely watching central bank decisions, as they could influence Bitcoin’s trajectory in the coming weeks. The ongoing interplay between macroeconomic factors, institutional adoption, and technological developments is likely to shape the next phase of Bitcoin’s price action.