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Bitcoin Breaks Milestones while Corporate Giants Ride the Ethereum Wave

2025-07-22 12:22:00

Bitcoin Breaks Milestones while Corporate Giants Ride the Ethereum Wave

Main Idea

Bitcoin surpasses $119,000 while corporate interest in Ethereum grows, with Sharplink's large-scale ETH acquisitions driving market activity.

Key Points

1. Bitcoin (BTC) has surpassed $119,000, maintaining a level above $118,000, sparking investor optimism.

2. Sharplink purchased $258 million worth of Ethereum (ETH) between July 14 and July 20 at an average price of $3,238 per unit, with ETH now above $3,700.

3. Treasury Secretary Bessent denied resignation rumors, while an investigation into Powell was mentioned without further details.

4. Sharplink's Ethereum treasury strategy, initiated in June, has accrued 567 ETH within its ecosystem.

5. Market interest is further fueled by corporate acquisitions and developments in both Bitcoin and Ethereum.

Description

Bitcoin surpasses $119K, fueling investor optimism; Ethereum gains corporate interest. Powell's non-resignation confirmed amidst ongoing political rumors and investigations. Continue Reading: Bitcoin Breaks Milestones while Corporate Giants Ride the Ethereum Wave The post Bitcoin Breaks Milestones while Corporate Giants Ride the Ethereum Wave appeared first on COINTURK NEWS .

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