<ul data-eligibleForWebStory="false"><li>Bitcoin surged above $110K amid significant short liquidations in early July, with potential targets set at $112K-$116K, driven by a mix of geopolitical factors.</li><li>The 'One Big Beautiful Bill' in the U.S., Elon Musk's opposition, U.S.-China relations, Jerome Powell's possible resignation, and a dual Bitcoin-Ether ETF filing are influencing the crypto market.</li><li>Potential impacts include bullish sentiments if the bill is signed, positive ramifications of U.S.-China tech collaboration, and speculation on crypto market reactions to Powell's tenure.</li><li>Ethereum struggles around $2,600 but could see an upswing with the progress of a proposed dual Bitcoin-Ethereum ETF and potential changes in the U.S. monetary policy.</li></ul>

Bitcoin Price Prediction: Will BTC Hit $120K in July? Can ETH Finally Catch Up?

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