Breaking: Bitcoin Hits Record Peak. How High Can It Surge in 2025?
2025-07-09 20:11:44
Main Idea
Bitcoin has reached a new record peak of $112,040, surpassing its previous all-time high, with analysts predicting further surges in 2025.
Key Points
1. Bitcoin hit a new record peak of $112,040 on Bitstamp, surpassing its previous all-time high of $112,000.
2. Anthony Scaramucci of SkyBridge Capital predicts Bitcoin could reach $200,000, while Fundstrat's Tom Lee forecasts a potential rise to $250,000 this year.
3. Venture capitalist Tim Draper is also optimistic about Bitcoin's price surge in 2025.
4. Nearly $430 million worth of short positions were liquidated in 24 hours, with $280 million wiped out recently.
5. Bitcoin briefly slipped to the $98,000 level in late July but has since recovered.
Description
Bitcoin shorts are getting absolutely annihilated as the leading cryptocurrency surges to a new record peak
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