BTCC Crypto Daily (7.14)｜U.S.-EU Policy Tensions Rise as Bitcoin Surges Past $120K
By:C, Fiona1.Overview
- European Commission President von der Leyen: EU postpones retaliatory tariffs on the U.S.
- Bank of England Governor opposes banks issuing their own stablecoins
- Bitcoin posts the highest weekly closing price in history
2.Macro & Policy Outlook
Key Events Today
- Trump expected to release a “major statement” on Russia
- U.S. Congress to begin voting on three key crypto-related bills
Global Macro Developments
1. EU Delays U.S. Tariff Retaliation Measures
European Commission President Ursula von der Leyen announced the EU’s decision to delay the imposition of €21 billion in retaliatory tariffs on U.S. products, originally set to take effect on July 15. The suspension has been extended to early August, reinforcing the EU’s preference for a negotiated settlement with the U.S.
2. BoE Governor Opposes Bank-Issued Stablecoins
Bank of England Governor Andrew Bailey voiced opposition to major banks issuing their own stablecoins, advocating instead for digital bank deposits. He warned such coins could pose risks including capital outflows and potential money laundering— a stance that contrasts with the pro-stablecoin policies of the Trump administration.
3. Former Fed Governor Calls for Immediate Rate Cut
Former Federal Reserve Governor Kevin Warsh expressed his belief that the Fed “should cut rates now,” criticizing delays in monetary easing amid economic uncertainty.
4. Hassett: Trump Has Right to Dismiss Powell if Justified; Tariff Proposals Will Be Implemented If Unsatisfactory
White House economic advisor Kevin Hassett stated that President Trump has the authority to remove Federal Reserve Chairman Jerome Powell if there is valid cause. He also noted that Trump has reviewed parts of the proposed trade agreement framework, and if the current tariff plans are deemed inadequate, he will proceed with implementing them.
5. South Korea May Reach Preliminary Trade Deal with U.S. Before August 1
South Korea’s Trade Minister Yeo Han-koo indicated that Seoul may reach a “principled” trade agreement with Washington before the August 1 tariff deadline, aiming to exempt autos and steel from the proposed 25% duties. Talks have reportedly made “significant progress,” though final details, especially in agriculture, are still under negotiation.
Traditional Asset Correlation
- Nasdaq closed down 0.22%, S&P 500 fell 0.33%, Dow Jones down 0.63%
- Spot gold rose 0.1% to $3,358.30/oz
- WTI crude (USOIL) dropped 0.2% to $68.52/barrel
3.Crypto Market Snapshot
1. Spot Performance of Major Cryptocurrencies
(as of July 14, 2025, 14:00 HKT)
2.Futures Capital Flow Analysis
According to Coinglass data on July 14, over the past 24 hours, the largest net outflows in futures trading were observed in XRP, SOL, PEPE, XLM, ADA, and BANANA, potentially signaling trading opportunities.
3. Bitcoin Liquidation Map
As of July 14, with BTC trading at $122,155, Coinglass data shows that if BTC drops below $120,000, total long liquidations across major CEXs could reach $1.126 billion. If BTC surges past $124,000, total short liquidations may hit $857 million. Leverage control is strongly advised to prevent forced liquidations in volatile conditions.
4. Bitcoin Long/Short Ratio
As of July 14, 14:00 HKT, the overall BTC long/short ratio stands at 0.7437, with 42.65% long and 57.35% short positions, per Coinglass.
5. On-Chain Monitoring
- According to @EmberCN, the 1inch team’s investment fund sold 904,000 1INCH for 298,000 USDC on-chain at $0.33 each. Earlier, 2 million USDC had been transferred to Binance.
- According to @Adam_Tehc, during PUMP’s token presale, 23,959 wallets completed KYC, but only 10,145 successfully purchased tokens. The average investment was $44,209. Among them, 5,758 wallets invested under $1,000, while 583 wallets exceeded $100,000, including 202 that hit the $1 million hard cap.
4.Blockchain Headlines
- Czech central bank bought $18M worth of Coinbase stock in Q2 — its first crypto equity purchase
- Google search interest in Bitcoin remains low compared to previous bull cycles
- SharpLink Gaming acquired another 16,374 ETH, bringing its total holdings to 270,000 ETH
- OpenZK Network launches OZK staking
- Plasma’s XPL public sale to begin on July 17
- Trader Aguila Trades holds BTC long positions with over $33 million in unrealized profit; losses down to $1.4 million
- Bitcoin spot ETFs saw $2.72 billion in net inflows last week, extending a five-week streak
- Ethereum spot ETFs recorded $908 million in weekly net inflows — nine consecutive weeks
- SharpLink Gaming surpasses the Ethereum Foundation to become the top ETH holder
- Upexi announces $200M funding round to increase SOL holdings
- BlackRock’s IBIT becomes the fastest ETF to surpass $80B in AUM, now ranked 21st globally
- 1inch team offloads 904,000 1INCH tokens at $0.33 average price
5.Institutional Insights · Daily Picks
- LD Capital: Altseason may not arrive until a Fed rate cut is confirmed in August or September.
- Greeks.Live: Traders expect ETH to break $4,000 and potentially higher.
- 10x Research: Bitcoin’s recent surge is driven by macro developments like the U.S. raising its debt ceiling by $5 trillion, widening fiscal deficits, and anticipated crypto policy proposals from the Trump task force — not mere speculation.
- Bitwise: Predicts Bitcoin could hit $200,000 by year-end.
6.BTCC Exclusive Market Analysis
On July 14, Bitcoin rallied strongly above $122,000, reaching a new high of $122,626. On the 4-hour chart, it formed a classic “consolidation → breakout” pattern. Price candles are trending steadily above the MA5 and MA20, with the Bollinger Bands widening. MACD lines remain positively divergent, with histogram bars expanding again — all suggesting a strong bullish trend. However, a slight deceleration in the MACD histogram warns of a potential short-term loss in momentum.
The Balance of Power (BOP) indicator reads 0.82, indicating dominant buyer control, but a sharp drop in this metric may signal smart money distribution.
From a structural perspective, this rally comes after an extended consolidation period with heavy capital concentration and wide gaps in support zones. This implies that while upside momentum is strong, any correction could be sharp due to the lack of near-term support.
In terms of trading strategy, short-term investors should closely monitor the MA5 and any shift in the MACD histogram turning red to determine exit points. Medium-term investors are advised to watch the effectiveness of support in the $117,000–$118,000 range. Although the trend remains strong, limited turnover at higher levels suggests that traders should remain flexible in their approach.
Risk Warning: The content above is for informational purposes only and should not be construed as investment advice. Investors should conduct their own due diligence and be aware of the high risks associated with cryptocurrency trading.
How to Trade Crypto on BTCC?
This brief instruction will assist you in registering for and trading on the BTCC exchange.
Step 1: Register an account
The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.
Step 2: Finish the KYC
The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.
Step 3. Deposit Funds
After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.
Fiat Deposit. Buy USDT using Visa/Mastercard (KYC required).
Crypto Deposit. Transfer crypto from another platform or wallet.
Step 4. Start Trading
If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.
Look more for details: How to Trade Crypto Futures Contracts on BTCC
BTCC FAQs
Is BTCC safe?
Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).
Is KYC Necessary for BTCC?
Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.
Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.
Is There a Mobile App for BTCC?
Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.
Will I Have to Pay BTCC Trading Fees?
Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.
Can I Access BTCC From the U.S?
You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.
According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.
BTCC Guide:
How to Trade Crypto Futures Contracts on BTCC
BTCC Guide-How to Deposit Crypto on BTCC?
What is Crypto Futures Trading – Beginner’s Guide
What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
BTCC Review 2024: Best Crypto Futures Exchange
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Crypto Prediction:
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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