Bitcoin is on the rise, recently threatening the $110,000 level for the first time in nearly a month, currently priced around $109,500, up 3.5% in 24 hours. This surge follows President Trump's announcement of a trade deal with Vietnam and a strong debut for the Solana staking ETF, boosting overall market sentiment. July is anticipated to be a volatile month for Bitcoin, driven by significant policy changes, including a controversial budget bill that could expand the U.S. deficit by $3.3 trillion and the looming July 9 tariff deadline. Experts suggest that current market conditions, with contained crypto-leverage, favor maintaining spot exposure rather than aggressively deleveraging. Bitcoin's recent rebound comes after a brief dip below $106,000, indicating resilience in the face of potential volatility driven by external factors such as trade and policy changes.

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