Bitcoin remained buoyant as of July 14, 2025, with its price stabilizing at $121,680. The cryptocurrency’s market capitalization hit $2.42 trillion, supported by a strong 24-hour trade volume of $56.62 billion and an intraday range spanning $117,935 to $123,236. Bitcoin Price action over the past 24 hours indicates that bitcoin is firmly entrenched in a
Leading cryptocurrency Bitcoin (BTC) started the new week with a new record high. The price of BTC surpassed $120,000 for the first time in its history. According to Binance data, BTC briefly broke above $121,000, setting a new record. It is currently up 2.8%, reaching $121,500. While the main reasons for the rise in Bitcoin
Bitcoin BTC$119,916.39 rose past $120,000 for the first time on record, taking the year-to-date gain to 28%. BTC is currently trading above $121,000 as of midday Hong Kong time, according to CoinDesk market data. (CoinDesk) The move follows President Donald Trump’s decision to impose a 30% tariff on the EU and Mexico, starting Aug. 1,
“Hyperbitcoinization” — an almost apocalyptic term evoking end-of-days fiat collapse and bitcoin’s parabolic rise to global reserve status — is increasingly being discussed in more serious circles. For hardcore bitcoin maximalists, it’s long been the ultimate scenario: a financial utopia where individuals, institutions and even nations are all-in on a bitcoin-only system as the fiat-based
El Salvador’s strategy of buying 1 Bitcoin a day has paid off. Since November 18, 2022, the government has purchased 1 BTC a day, bringing the total to 969 Bitcoin. The $54.15 million investment is now worth $115.18 million. BTC purchased at an average price of $55,886 currently represents an unrealized profit of 113%. The
In a recent tweet, Bitcoin historian Pete Rizzo spotlighted a key moment in Bitcoin’s history: its first-ever mention on television back in 2011, when the price was trading at just $3. “The 1st-ever Bitcoin mention in TV history happened at $3 in 2011,” Rizzo stated in a tweet accompanied by a short video clip, adding
Elliott Wave Theory, which provides an organized framework for examining market cycles and investor psychology, has been used by traders looking for hints about whether this rally can continue. With the asset soaring toward $120,000 and sparking a potential target close to $200,000, Bitcoin’s price performance over the last few months has been incredible. Elliott
Bitcoin’s weekend breakout above $118,000 caught attention not only for the price, but also for the aggressive liquidation stats. According to the updated CoinGlass heat map, in the 12-hour window, BTC recorded $3.66 million in short liquidations, compared to just $197,660 from longs. That’s an imbalance of 1,722%, with nearly all the damage falling on
The “$1 million Bitcoin” advocate Samson Mow has renewed his ultra-bullish stance on the leading cryptocurrency, suggesting the next major milestone is no longer speculative — just a matter of timing. His latest post offers a long-term target of seven figures per BTC, something that would require the asset to “add a zero” from current
When gold maximalist Debra Robinson jeered, “Imagine paying $118k for a set of man-made numbers,” she echoed a familiar skepticism among precious metal enthusiasts. Lyn Alden, a respected macro analyst and Bitcoin bull, responded with pragmatic advice: “Precious metal enthusiasts could buy a bitcoin position of like 5% of their metals position. That hedges their