Tag: High

Bhutan on Bitcoin Selling Spree as Price Hits Fresh All-Time High

Key Notes Despite recent profit-taking, Bhutan’s sovereign wealth fund continues to hold a sizable reserve of 11,411 BTC. Bhutan has embraced crypto as part of its national development plan, including hydro-powered Bitcoin mining. The recent sell-off is just part of the profit-booking as BTC price hits fresh all-time highs. Earlier today, the Royal Government of Bhutan sold a total of 99.47 Bitcoin BTC $121 325 24h volatility: 2.9% Market cap: $2.41 T Vol. 24h: $39.72 B worth $12 million, as the BTC price rallied to hit new all-time highs above…

$3.7B Pours Into Crypto Funds, Nearing All-Time High

Key Notes Digital asset investment products recorded $3.7B in inflows last week, the second-highest on record. Bitcoin led with $2.7B in inflows, while Ethereum posted its fourth-largest week at $990M. US investors dominated flows, while ETP trading volumes hit $29B, double the weekly average. Digital asset investment products recorded net inflows of $3.7 billion last week, the second-largest weekly inflow ever, according to CoinShares, the first company to offer cryptocurrency ETPs. As per a CoinShares report, the total assets under management (AuM) across crypto investment vehicles rose to a record…

Aptos’ APT Gains 4.5% Following High Volume Bullish Breakout

Aptos’ APT (APT) climbed as much as 4.5% in the last 24-hours. The token exploded higher at 01:00 UTC on massive volume of 1.64 million units, 29% above the daily average, according to CoinDesk Research’s technical analysis model. The model showed price spikes from $4.97 to $5.06 in single hour, establishing $4.96 as new support floor. The rally extended through 04:00 UTC, hitting a $5.20 session peak, the model showed. The rally in Aptos came as the wider crypto market also rose, with the broader market gauge, the CoinDesk 20,…

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

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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

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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…