Bitcoin breaks through 116,000 USDT, driving the 1 BTC to AUD exchange rate to a new high for this phase. This article analyzes the deep reasons behind the exchange rate changes and future outlook.
BTC/USDT market overview
According to data from the Gate platform, Bitcoin rose to 116,542.9 USDT on July 11, 2025, having increased for several consecutive trading days. The hourly chart shows a significant volume increase with a long bullish candle, indicating high market enthusiasm, and briefly broke through the two key levels of 114,000 and 115,000.
The highest price once reached 117,341.4 USDT, indicating that short-term capital drive is very strong.
How do changes in the AUD exchange rate affect Bitcoin
The Australian dollar has recently continued to weaken against the US dollar, currently stabilizing around 1 USDT ≈ 1.50 AUD. Against the backdrop of currency devaluation, even if the price of Bitcoin remains unchanged in USDT, the conversion price to AUD will increase.
Therefore, the “dual effect” of BTC/USD pump + AUD weakening has led to BTC/AUD simultaneously hitting a phase high.
The calculation method for exchanging 1 BTC to AUD
Based on the current price:
- BTC/USDT: 116,542.9
- USDT/AUD: 1.50
- BTC/AUD = BTC/USDT × USDT/AUD = 116,542.9 × 1.50 = 174,814.35 AUD
In other words, purchasing 1 BTC requires about 175,000 AUD. It has risen more than 30,000 AUD compared to the mid-June low.
Market structure and capital flow analysis
- The bullish dominant structure is obvious: in the technical charts, multiple moving averages show a bullish arrangement, and the MACD works well with the trading volume;
- New capital inflow: 24-hour trading volume reached 1.02B USDT, reflecting a large amount of institutional and individual funds entering the market;
- Australia Market Response: Local platforms such as Swyftx and BTC Markets are experiencing order backlogs, with a noticeable increase in user numbers.
In addition, many Australian investors choose to obtain better exchange rates and a richer variety of trading pairs through international platforms (such as Gate).
Market Outlook and Investment Suggestions
Although the short-term rise has been significant, multiple indicators still show a bullish market:
- Support level reference: short-term support at 114,000 USDT, strong support at 110,000;
- Medium-term target: If it can stabilize at 117,000, the next target may be 120,000 USDT;
- Risk warning: Short-term profit positions may be reversed at any time, it is recommended to set stop losses and avoid chasing highs.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
