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

Cryptocurrencies: Bitcoin and Altcoins Hit Historical Records

user avatar

by Giorgi Kostiuk

8 hours ago


The cryptocurrency market is experiencing a surge following a prolonged period of volatility. Bitcoin has reached an unprecedented mark of $116,868, with altcoins beginning to show promising results.

Reasons for Cryptocurrency Price Surge

The rapid increase in Bitcoin's price is driven by positive market dynamics, including Ethereum's successful breakout above $2,850. Anticipations of further growth have prompted market participants to take active measures.

Impact of Short Positions on the Market

Prior to the market rally, many investors took short positions expecting price declines. This created conditions for a short squeeze: as positions started to get liquidated, Bitcoin received additional momentum for growth.

Outlook for the Cryptocurrency Market

The current market scenario has reignited interest among traders. If the growth continues, Ethereum is expected to surpass $3,000, potentially leading to significant gains for altcoins. Investors are closely monitoring new trends.

The rise in cryptocurrency prices presents potential opportunities and challenges for investors. Market changes demonstrate how quickly trends can evolve, and market participants remain vigilant, adapting their strategies to the new conditions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Dogecoin Experiences 10% Rise Driven by Whale Interest and Technical Signals

chest

Dogecoin shows a 10% increase fueled by significant whale buying and positive technical indicators.

user avatarGiorgi Kostiuk

Robinhood Announces Launch of Ethereum and Solana Staking for Users in the U.S.

chest

Robinhood launches staking for Ethereum and Solana in the U.S. with a minimum investment of $1, increasing accessibility for retail investors.

user avatarGiorgi Kostiuk

Brazil's Economic Independence: Lula Responds to U.S. Tariffs

chest

Brazil's President Lula affirms economic independence in response to U.S. tariffs, with no immediate impact on the cryptocurrency market.

user avatarGiorgi Kostiuk

OpenAI Under Threat: Midas Project Accuses of Tax Law Violations

chest

Midas Project files a complaint against OpenAI, accusing it of conflicts of interest and potential tax law violations.

user avatarGiorgi Kostiuk

Jonathan Gould to Lead Office of the Comptroller of the Currency Following Senate Confirmation

chest

Jonathan Gould has been appointed as the head of the Office of the Comptroller of the Currency (OCC), a significant move for financial regulation in the US.

user avatarGiorgi Kostiuk

Bitcoin Rises Above $117,000 Amid Short Position Liquidations

chest

Bitcoin reached an all-time high of $117,000 due to $1.17 billion in liquidations over 24 hours, surpassing Google's market cap.

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.