- Bitcoin has flipped the Taiwanese dollar, now ranked 11th globally by value, closing in fast on the Canadian dollar.
- BTC’s $118K breakout invalidated a bearish wedge, with bulls eyeing $120K–$125K if momentum carries through July.
- Satoshi’s wallet jumped $4.08B as BTC hit new highs, cementing him among the world’s wealthiest without moving a single coin.
Bitcoin has officially overtaken the Taiwanese dollar, becoming the world’s 11th-largest currency by value. Its price on Binance has also surged past $118,000, fueling a new wave of bullish momentum across the market.
Bitcoin Surpasses TWD in Global Currency Rankings
Bitcoin now holds a circulating value of 19,890,431 BTC, according to visible global reserve comparisons. This total moves it above the Taiwanese dollar’s 19,563,380 BTC equivalent, placing BTC just below the Brazilian real. Therefore, Bitcoin has climbed into the top tier of global monetary units, closing in on the Canadian dollar.
This advancement signals more than optics. According to a chart shared above by Vivek, BTC’s current position puts it ahead of both the TWD and AUD. Moreover, its placement-just two spots behind the Canadian dollar and six behind the British pound-underscores growing institutional reliance on BTC in global value storage.
Technical Breakout Clears $115K Resistance on Binance
Bitcoin is trading at $118,013.95 after a $2,003.95 daily gain, marking a strong +1.73% candle close. The asset opened at $116,010.01, surged to an intraday high of $118,404.22, and formed a clear breakout above wedge resistance. According to the Binance TradingView chart, volume spiked to 8.53K BTC during the move, adding further conviction.
This daily breakout invalidated the previous ascending wedge formation, which typically leans bearish. Instead, Bitcoin printed clean higher lows and extended beyond $115,000 with no rejection. Momentum now targets the $120K–$125K region if structure holds through mid-July.
Market Sentiment Turns Bullish on Polymarket Projections
Traders on Polymarket place an 81% chance on Bitcoin reaching $115K and a 46% chance of $120K. These odds gained 28% and 22%, respectively, reflecting sharp sentiment shifts tied to current price action. Only 10% of participants now bet on $130K, while bearish forecasts under $100K have weakened.
These positions suggest the market expects sustained strength through July but not necessarily a euphoric spike. Higher bets now concentrate around the $115K–$120K range, pointing to confidence in Bitcoin’s ability to consolidate gains before attempting new highs.
Satoshi Nakamoto Portfolio Rises $4.08B with Price Surge
Satoshi Nakamoto’s wallet has reached $124.14 billion, with holdings of 1.096 million BTC. The increase follows a $3.72K price jump, lifting BTC to $113,227 during that reporting window. This change adds $4.08 billion in unrealized value to Nakamoto’s position, cementing him among the world’s richest.
This portfolio movement reflects how deeply Bitcoin price changes can impact major holders. Despite no wallet activity, the valuation now rivals major sovereign reserves.
Schiff Says Bitcoin Top May Be In
Peter Schiff believes Bitcoin’s new highs could mark an opportune time to rotate capital into silver. In a post shared after BTC touched all-time highs, he said silver could outperform even if Bitcoin climbs further. Schiff also noted Bitcoin’s downside risk remains high, while silver’s appears limited.
