Similar to the stock market, the cryptocurrency market including Bitcoin witnessed a lot of volatility. Numerous events both internally and externally have caused this respective change for the flagship cryptocurrency. Eric Trump reportedly earned a substantial profit from Bitcoin and Ethereum investments in the context of tariff concerns. A large sum of BTC suddenly moved after being inactive for 14 years, raising questions about possible quantum threats to Bitcoin.
Despite this, Bitcoin has begun to gain ground at the corporate level, with significant companies making massive purchases. Companies have spent $47.3 billion on Bitcoin, surpassing ETF inflows. Other cryptocurrencies, such as Ethereum and XRP, have also seen changes in their market positions.
Recent geopolitical tensions and Trump's new tariffs have led to significant liquidations and a slight dip in Bitcoin's price, causing some market uncertainty. However, many believe this is just a momentary setback and are awaiting more positive news from the White House's upcoming digital assets report.
Meanwhile, large Bitcoin transactions allege a major Bitcoin theft at the LuBian Mining Pool. Still, the optimism remains high as major predictions claim Bitcoin value will rise above $150,000; however, other opinions predict XRP could potentially surpass Bitcoin in the future.
Bitcoin News Analytics from Mon, 14 Jul 2025 07:00:00 GMT to Sun, 03 Aug 2025 01:40:57 GMT -
Rating -5
- Innovation 6
- Information 7
- Rumor 5
