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#BTC Bitcoin Defies Credit Downgrade—Expert Says Confidence Is Building
On Monday, June 9, 2025, bitcoin (BTC) is floating above the $108,000 mark, which has led to $155.57 million in short liquidations over the past day, with $81 million being BTC short plays. James Toledano, the chief operating officer at Unity Wallet, shared with our news desk that “Bitcoin’s rebound from $100K on June 5 speaks to its resilience. This robustness is being powered by sustained institutional inflows into spot ETFs and easing concerns around U.S. regulations.”