📰 Bitcoin (BTCUSD) Holds Steady Near $118,500 as Institutional Adoption Boosts Crypto Market

📅 Jul 21, 2025, 00:45 EDT | 🔗 Source: CryptoNews

🧠 Summary

Bitcoin remains steady near $118,500 as Ethereum and other altcoins rally amid rising institutional adoption and optimistic U.S. crypto legislation momentum driving market gains.

💡 Why this signal?

Schiff’s strong allegations of Bitcoin as a decentralized Ponzi scheme undermine investor confidence and suggest potential price declines.
He emphasizes that supporting crypto domestically may weaken trust in the US dollar, potentially accelerating Bitcoin’s downfall.
The comparison to historic speculative bubbles and insider cash-out claims highlights risks of a market correction harming retail investors.

📈 BTCUSD Price Trend

⏱️ Impact Timing

as soon as the news is out

👥 Competitor Impact

No competitors impacted.

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