Bitcoin Stays Strong as ETFs Surge, Retailers Eye Stablecoins, and Quantum Threat Looms

This week’s crypto landscape spans resilience, innovation, and regulation. Bitcoin shrugged off geopolitical shocks, attracting more than $1.3 billion in ETF inflows while holding above $105,000. Retail titans Walmart and Amazon are rumored to be designing dollar-backed stablecoins, hinting at mainstream payment disruption if the GENIUS Act clears Congress. On the tech front, new quantum-computing milestones have reignited debate about Bitcoin’s long-term security, even as U.S. miners post record profits and analysts eye key technical levels for the next breakout. Meanwhile, Truth Social’s parent company secured SEC approval for a $2.3 billion Bitcoin treasury plan, underscoring how corporations—large and small—are deepening their ties to digital assets.

Bitcoin Holds Strong as ETF Inflows Surge Despite Global Turmoil

Bitcoin ETFs recorded a five-day streak of inflows totaling over $1.3 billion, even as geopolitical tensions escalated following Israeli airstrikes on Iran. Despite the turmoil, Bitcoin held firm at around $105,000, less than 6% below its all-time high. Analysts point to weakening U.S. dollar strength and growing investor interest in Bitcoin as a hedge against global instability and economic uncertainty.

Retail Giants Aim to Mint Stablecoins

Walmart and Amazon are reportedly considering issuing their own U.S. dollar-backed stablecoins to streamline payments and reduce banking costs, according to the Wall Street Journal. While unconfirmed, such a move could shift billions in transaction volume away from traditional financial institutions. The plans may depend on the GENIUS Act, a proposed U.S. law aiming to regulate stablecoin use and encourage institutional adoption. As regulatory clarity improves, major retailers appear increasingly open to integrating digital currencies into their ecosystems.

Quantum Computing Push Sparks Bitcoin Security Concerns

IBM has unveiled plans for its first fault-tolerant quantum computer, Quantum Starling, aiming for deployment by 2029. The system will feature 200 error-corrected qubits and run 100 million quantum operations, marking a major step toward practical quantum computing. Experts say fault tolerance is key to scaling quantum machines—and potentially cracking cryptographic systems like Bitcoin’s. While some, including Michael Saylor, downplay the threat to Bitcoin, others warn that advances like IBM’s roadmap may accelerate the need for quantum-resistant encryption in blockchain networks.

Bitcoin Miners Cash In with Record Q1 Profits

JPMorgan reported that U.S.-listed Bitcoin miners achieved their most profitable quarter ever in Q1 2025, generating roughly $2 billion in gross profit and lifting average margins to 53%. One firm maintained its lead in production for a ninth straight quarter despite high costs, while another posted the lowest cost per coin and the industry’s highest gross profit. Capital discipline also improved, with equity issuance falling sharply from late 2024. The bank remains bullish on several miners as cost control and strong Bitcoin prices continue to support record profitability.

Technical Analysis

Bitcoin’s rebound from the June 13 low of $102,530 has been technically constructive: the spot price rallied more than 3 percent intraday and closed comfortably above the 50-period EMA. The RSI still holds north of its neutral 50 line, pointing to an underlying bid, yet the Momentum Oscillator has slipped below its 100 baseline, hinting that near-term buying enthusiasm is fading. A flattening slope in the 20- and 50-period EMAs reinforces the notion that Bitcoin could pause for consolidation.

The upside bias remains intact while BTC trades above the first support at $100,226; a decisive break below that level would expose the next retracement zones near $97,776 and $93,842, shifting risk toward a deeper pullback. Conversely, if bullish momentum resumes, traders will first look for a clean break of resistance at roughly $110,557; clearing that hurdle would open the way to $111,868 and, ultimately, the medium-term objective near $123,447. Price action around these inflection points should reveal whether Bitcoin is ready to extend its broader uptrend or settle into a corrective range.

Truth Social Wins SEC Nod for $2.3 Billion Bitcoin Treasury

The SEC has approved Trump Media & Technology Group’s S-3 registration, paving the way for a $2.3 billion Bitcoin treasury initiative tied to 85 million shares. Though the ruling gives TMTG flexibility to raise capital, the firm says it has no immediate plans to issue new securities, focusing instead on expanding its media, fintech, and Bitcoin holdings. The green light follows TMTG’s recent $2.5 billion capital raise to buy Bitcoin and a filing to launch its own Bitcoin ETF.

Conclusion

Last week underscored Bitcoin’s growing maturity: strong ETF inflows kept prices buoyant despite geopolitical shocks, while corporate players, from retail giants to media firms, moved to integrate or accumulate digital assets. Record mining profits and disciplined capital spending reinforced the sector’s improving fundamentals, even as quantum-computing advances revived long-term security debates. With regulatory clarity inching forward through the GENIUS Act and SEC approvals, the stage is set for broader mainstream adoption—but near-term price action will hinge on whether Bitcoin can hold key support near $100,000 and reclaim resistance above $110,000.