🚨BREAKING NEWS ON 14/7/2025🚨
1. Bitcoin continuously sets new price peaks
Over the past weekend, Bitcoin continued to surge, reaching a new All-Time High (ATH) of 119,292 USD before returning to around 118,000 USD on the morning of 14/07/2025. This price increase has not only attracted individual investments but also boosted the stock prices of companies heavily invested in Bitcoin such as MicroStrategy (+3.2%) and Riot Platforms (+4.5%)
2. “Crypto Week” officially kicks off in the U.S. Congress
The week from 14–18/07/2025 has been officially declared as “Crypto Week” by the U.S. House of Representatives, with at least three key bills set to be voted on
3. XRP ETF fluctuations “heat up” in a day
Rumors about the SEC possibly approving the proposed XRP futures ETF by ProShares on 14/07/2025 have pushed the price of XRP up over 7% in just 24 hours
4. Pressure from macroeconomic data
The Initial Jobless Claims report from the U.S. released on the morning of 14/07/2025 shows that the number of unemployment claims unexpectedly rose slightly to 260,000, exceeding the forecast of 255,000. This has raised concerns about the health of the labor market and the Fed's potential to maintain a tightening stance to curb inflation