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Sabeen Gohram
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Bullish
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278,837 traders were liquidated in the last day, for a total of $1.33 billion in liquidations. The HTX-
BTC
value of $88.55M had the largest single liquidation order.
#bitcoin
$BTC
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Over the past 24 hours, the price of Bitcoin (BTC) has seen significant bullish activity, which has caused the largest cryptocurrency by market capitalisation to reach several highs in a brief period of time. Its share has grown to $2.328 trillion from its debut value of $117,052, adding more than 8% to its valuation in just seven days.#bitcoin $BTC
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In a significant milestone for the biggest cryptocurrency in the world, Bank of America has formally listed Bitcoin as the best-performing currency of 2025 to date. In its most recent "Cross-Asset Winners & Losers" report, which was made public on July 9, the bank placed Bitcoin at the top of its FX list, surpassing all other significant fiat currencies.#bitcoin $BTC
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An expert says he won't miss the next multi-trillion dollar asset and projects that the price of $XRP will be $22.54 in December 2025.#Xrp🔥🔥 $XRP
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ProShares is releasing an XRP ETF during the approaching Crypto Week on July 18, 2025. This suggests that more major investors are taking XRP into consideration. With almost $160 million already invested, Teucrium's 2X Long Daily XRP ETF (XXRP) is another XRP fund.#Xrp🔥🔥 $XRP
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Peter Schiff, an economist and commentator, heavily criticizes Bitcoin, especially its claim of scarcity. While Bitcoin is often seen as digital gold with a limit of 21 million coins, Schiff believes this does not create real scarcity like physical gold. He points out that Bitcoin's digital nature allows for many alternatives, such as Bitcoin Cash and Bitcoin SV, which could lessen Bitcoin's uniqueness and its value stability. Schiff argues that Bitcoin has no intrinsic value since it is not a physical commodity and only serves as a digital medium. This reliance on speculation can cause high volatility, as many investors buy Bitcoin hoping for price increases rather than out of necessity. Additionally, Schiff warns that government regulation could affect Bitcoin’s supply and value, whereas gold is governed by established mining systems and has a history of value preservation. In summary, Schiff’s view challenges the belief in Bitcoin’s scarcity and encourages caution among investors by considering several influencing factors.#bitcoin $BTC
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