Tag: High

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…

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

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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

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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…

Bitcoin Price Rockets to Record High — Bulls Celebrate Milestone

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Bitcoin price started a fresh increase above the $110,500 zone. BTC is now up over 5%, traded to a new high, and extend gains above the $116,000 level. Bitcoin started a fresh increase above the $112,500 zone. The price is trading above $113,500 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $111,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $116,800 resistance zone. Bitcoin Price…

Here’s why Bitcoin hit an all-time high and can run to $120k

Bitcoin recently broke its all-time high, and experts believe that a move to $120,000 could be possible. On July 10, Bitcoin (BTC) reached $113,833, breaking its ATH for the second day in a row and causing a boom in the entire market. Now, bullish momentum is building, crypto analysts from B2BINPAY shared with crypto.news. Moreover, altcoins could be the biggest winners in this cycle. After weeks of trading around $106,000 and $110,000, Bitcoin finally broke through a key level at $112,000. According to analysts at B2BINPAY, this also led to…

What Crypto to Buy as Bitcoin Reached a New All-Time High at $112,017?

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After hovering below the $110K mark over the past few weeks, Bitcoin hit a new all-time high yesterday. Bolstered by growing institutional adoption, $BTC is stronger than ever. And that means now’s the time to buy crypto before the next surge. $BTC finally reached the $100K milestone late last year, before outdoing itself in May, when it reached $111,970. Making it to $112,017 is another first for the crypto OG. Source: CoinMarketCap Make no mistake, Lady Luck played no hand in Bitcoin’s surge. It’s down to an ever-growing list of…

Bitcoin Consolidates Below All-Time High as Spot Market Drives Momentum

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…