CNBC's "Fast Money" Bitcoin’s Record High… And Big Banks Kick Off Earnings Season 7/14/25
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Jul 14, 2025 Bitcoin hits a staggering new high of over $123,000, sparking excitement in the crypto market and discussions on potential regulatory changes. U.S. lawmakers are gearing up to bolster institutional interest in cryptocurrencies. As earnings season begins, big banks like JP Morgan and Citi are in the spotlight, with analysts keenly watching for insights on loan growth and investment banking trends. Meanwhile, Meta's pivot to AI and Boeing's stock recovery are also making waves, showcasing the dynamic nature of today's financial landscape.
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Bitcoin's Massive Upside Potential
- Bitcoin's rally to over $123,000 reflects growing regulatory clarity and increasing institutional adoption potential.
- Its market cap still has massive upside compared to gold, suggesting prices could reach $250,000-$350,000 per Bitcoin.
Bitcoin's Volatility is Smoothing
- Market volatility has lessened Bitcoin's huge drops of the past, signaling a maturing asset class.
- Increased government intervention risks now support Bitcoin's value as a hedge against lack of Fed independence.
Crypto Rise Signals Risk Appetite
- Bitcoin's price movement at record highs alongside the Nasdaq shows strong risk appetite in the market.
- Crypto's rise occurs amidst persistent liquidity and institutional green lights from regulatory clarity.