Digital currency Bitcoin rose 3.46% from July 7 to July 14 at US$31,222 at 7:30 p.m. Friday. The world's largest cryptocurrency by market capitalization has been trading above the US$30,000 mark for the entire week.
I will not say it's the rise of BTC instead i would say it's a slight pump or uptrend in the Price of BTC which was due to the news of XRP. Which was declared as not a security by US authorities. Due to which the price of XRP increased from 0.4$ to 0.8$ and many twitter and telegram influencers had spread this news like a fire.
Due to which the hype was created and BTC's price also increased for a while and as of writing this post i can see there is a slight decline in the price as compared to the price it had yester night but still i can say BTC has the potential to rise again to touch $40k easily once the ETFs got approvals.