• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin ($BTC) Sets New ATH at $118,670, Ethereum ($ETH) Surges Above $3,000

user avatar

by Giorgi Kostiuk

5 hours ago


Bitcoin has reached a new record high, climbing to $118,670, reflecting significant growth in the cryptocurrency market. Ethereum is also showing positive trends.

Bitcoin Reaches New Record

Bitcoin ($BTC) reached a new all-time high of $118,670 and is currently trading at $118,660.09, marking a 6.06% increase over the past 24 hours. The market capitalization of the leading cryptocurrency has risen to $2.34 trillion, up by 6.09%. Additionally, the 24-hour trading volume of Bitcoin surged to $108.94 billion, an increase of 89.08%.

Institutional Investment Drives Growth

Growing institutional interest is a key factor behind the shift in the cryptocurrency market. Since the beginning of July, over $50 billion has flowed into Bitcoin ($BTC) ETFs. The realized capitalization of Bitcoin has reached $4.4 billion, indicating strong conviction-led buyouts. Furthermore, the latest price rally has resulted in $1.13 billion in liquidations over 24 hours, reflecting a significant reduction in short positions.

Ethereum Recovers and Attracts Attention

Ethereum ($ETH) is also showing gains, reclaiming the $3,000 mark with an 8.1% increase over the past 24 hours. Its market capitalization currently stands at $363.19 billion, while the trading volume has soared by 34.86% to reach $38.38 billion. Ethereum is clearly leading the ongoing crypto market rally.

The price dynamics of Bitcoin and Ethereum signal a noticeable rise in interest from institutional players, which may suggest the beginning of a new cycle in the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Hacker Begins to Return Funds After $40 Million Attack on GMX

chest

The $40 million exploit of GMX saw the hacker return stolen funds after the exchange offered a $5 million bounty.

user avatarGiorgi Kostiuk

Major ETH Transfer Between HTX and Binance: Impact on Liquidity

chest

HTX's transfer of 70,000 ETH to Binance highlights internal liquidity changes between two major exchanges.

user avatarGiorgi Kostiuk

Changpeng Zhao: New Bitcoin Heights and Long-Term Outlook

chest

Bitcoin hits a new all-time high, with CZ confident this is not the peak. Discover the reasons behind the rise and expert opinions.

user avatarGiorgi Kostiuk

Expert Peter Brandt on XRP Progress: What to Look For

chest

Peter Brandt has suggested a potential surge in XRP. The current technical situation on the charts hints at an upcoming breakout.

user avatarGiorgi Kostiuk

Bitcoin Breaks Record, Yet Crypto Experts’ Predictions Differ

chest

Bitcoin surpassed $118K, increasing optimism among crypto investors. Experts predict further growth, but opinions vary.

user avatarGiorgi Kostiuk

Scottie Pippen and His Crypto Growth Expectations

chest

NBA legend Scottie Pippen celebrates Bitcoin's new historic peak and predicts growth for the entire crypto market.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.