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XRP $3 breakout, HBAR hits four-month high as BTC surge past $123K

2025-07-14 11:42:31

Main Idea

Bitcoin (BTC) surged past $123,000, triggering significant liquidations, while altcoins like Hedera (HBAR) and XRP showed strong performance, with HBAR hitting a four-month high and XRP nearing $3.

Key Points

1. Bitcoin (BTC) broke above $123,000 after a four-day rally, leading to $334 million in short position liquidations, including a trader losing $25.84 million.

2. Hedera (HBAR) surged 25% to $0.253, driven by growth in its DeFi ecosystem, with TVL rising from $151 million to $215 million and DEX volumes reaching $80 million.

3. Hedera was selected for sovereign AI infrastructure partnerships with NVIDIA, Accenture, and SCAN UK, with analysts suggesting a potential repeat of its 2021 performance.

4. XRP climbed to $2.97 but faced resistance near $3, with RSI indicating overbought conditions; its market cap stands at $176 billion, ranking it third among cryptocurrencies.

5. Technical analysis for HBAR identifies resistance levels at $0.2509, $0.2666, and $0.2778, with support at $0.2354 and $0.2187, and year-end forecasts between $0.2483 and $0.4225.

Description

Bitcoin’s price has surged past $123,000, triggering massive liquidations across crypto markets. Meanwhile, altcoins like Hedera (HBAR) and XRP have shown strong moves, with Hedera breaking a four‑month high and XRP nearing the key $3 threshold. Moreover, traders are digesting the fallout of a $334 million short squeeze even as they assess fresh rallies in select tokens. BTC breaks $123K, triggers liquidations Bitcoin’s breakout above $123,000 came after a four‑day rally that overcame weeks of c...

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Tags:
Crypto Bitcoin Hedera Hashgraph XRP
$FORM
$3.9008
-2.53%
$ETH
$4209.22
+0.03%
$FARTCOIN
$1.0728
-3.06%
$BTC
$118200.0
+0.84%
$XRP
$3.1928
-3.92%
$HBAR
$0.25641
-3.92%

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