Bitcoin Nears $120,000 With New All-Time High

Key points: Bitcoin tags fresh record highs into the weekly close as liquidations punish shorts. BTC price areas of interest include a support test of $115,000. Hopes build that BTC/USD will copy its seven-week “discovery uptrend.” Bitcoin (BTC) hit new all-time highs on Sunday as BTC price volatility returned into the weekly close. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price spikes to new record near $19,500 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $119,444 on Bitstamp. The pair eclipsed its previous record peak from two days prior…

Stellar XLM Price Surges 25% as Bitcoin Hits New All-Time High Above $118K

Key Notes Franklin Templeton’s tokenization of over $445 million in US Treasuries reinforces Stellar’s real-world asset credentials. The upcoming Protocol 23 upgrade scheduled for August 14 will introduce smart contract functionality and scaling improvements. Technical analysis suggests XLM could target $0.45-$0.50 if it maintains support above $0.37 in coming sessions. Stellar XLM $0.30 24h volatility: 4.6% Market cap: $9.40 B Vol. 24h: $624.79 M price surged 25% on Friday, July 11, reclaiming the $0.40 zone for the first time since Q1. The move comes as Bitcoin BTC $115 951 24h…

Filecoin Gains as Much as 9% as the Token Breaks Out on High Volume

Filecoin exhibited remarkable bullish strength in the last 24 hours, climbing from $2.44 to $2.65 in a decisive 9% advance, according to CryptoX Research’s technical analysis model. The momentum intensified notably during the 16:00-21:00 timeframe on July 10, as price rocketed from $2.44 to $2.58 amid extraordinary trading volume of 8.18 million tokens at the 21:00 mark, significantly exceeding the 24-hour average of 3.67 million, the model showed. Price broke through key resistance levels at $2.60-$2.61 with strong volume support, according to the model. The move higher in Filecoin came…

S&P 500 Hits Record High as Bitcoin Outperforms — ETFs See Record Inflows

The US stock market’s V-shaped recovery since April has driven the S&P 500 Index to record highs — yet measured in Bitcoin, the benchmark is still down significantly this year, underscoring the digital asset’s strong outperformance. On Thursday, the S&P 500 Index closed at a record high of 6,280.46, extending its year-to-date gain to 7%. However, when measured in Bitcoin (BTC), the large-cap index is down 15% so far in 2025, according to market commentator The Kobeissi Letter. Citing data from Bitbo, The Kobeissi Letter also pointed out that the…

Bitcoin hits $117K all-time high with more upside ahead

Bitcoin reached a new all-time high of $118,399 early on July 11 during Asian trading hours, marking another major milestone in the ongoing bull market. Yet, unlike past euphoric peaks, this breakout appears fundamentally calmer and more structurally sound. In a June 11 analysis, CryptoQuant contributor Avocado Onchain noted that several important indicators point to the market not being overheated.  The MVRV ratio, which compares Bitcoin’s (BTC) market value to its realized value, currently stands at 2.2. That’s well below the overheated levels of 2.7 seen during the March and…

Crypto ETFs Clock Near Record High Inflows as Bitcoin Rallies

Bitcoin and Ether investors piled into their respective crypto-themed funds on Thursday, marking their second-largest daily inflows since their inception. US spot Bitcoin exchange-traded funds inflows totaled $1.17 billion, with $448 million coming from BlackRock’s iShares Bitcoin Trust ETF (IBIT) and $324 million from Fidelity’s Wise Origin Bitcoin Fund, according to Farside Investors. The near-record inflows came as Bitcoin topped $113,800, setting new highs and continuing to rally into Friday. The inflows come second to the $1.37 billion recorded on Nov. 7, 2024, when Donald Trump won the US presidential…