Bitcoin Blasts Past $112K—Short Sellers Obliterated in $223M Bloodbath
Bitcoin shattered its previous all-time high on Wednesday, soaring to an unprecedented $112,040 per coin. The cryptocurrency appreciated 3% against the U.S. dollar on July 9, registering a new record on Bitstamp at $112,...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
$179M in crypto long positions liquidated in past hour amid market volatility
The recent liquidation highlights the fragility of leveraged positions, potentially leading to increased caution and reduced marke...
HighTower Advisors boosts Bitcoin spot ETF exposure by 50% in Q3
The shift towards advisors increasing Bitcoin ETF exposure suggests a stabilizing market influence, potentially boosting broader c...
Think Bigger!! Schwartz Calls for Higher XRP Price as 37 European Banks Embrace Ripple
David Schwartz has delivered a fresh bullish message to frustrated XRP holders, saying that a higher price could make the network...
Ripple Highlights Custody Services as 37 Banks Prepare Euro Stablecoin
Ripple highlighted custody, governance, and banking integration as institutions prepare for Qivalis’ planned euro stablecoin. Its...
US Inflation Data Shakes Crypto Market as Bitcoin Breaks Below $73K Support
The decline intensified selling pressure across the cryptocurrency market, with Ethereum, XRP, and Solana also posting substantial...
Coinbase Wins Federal Trust Charter, Launching National Trust Company
Key Takeaways: The OCC granted Coinbase final approval to form Coinbase National Trust Company. The federal charter confers on a u...