Bitcoin Surges Past $121K While Ethereum Spikes above $4,300, Indicating Bull Run Ahead

2025-8-11 13:10

The top crypto assets are making waves in the crypto market. As per the new market insights, Bitcoin ($BTC) has jumped above the $121K mark, and Ethereum ($ETH) has also obtained significant attention with its surge above $4,300. This denotes the start of a likely massive crypto bull run. Both crypto assets are inching closer to their all-time high (ATH) levels amid the growing market hype.

Bitcoin Nears All-Time High Amid Rising Trading Volume

At present, the price of the flagship crypto asset, Bitcoin ($BTC), is nearly $121,971.63. This indicates a 2.90% price increase over the past 24 hours. At the same time, its market capitalization has increased by 2.94% to reach $2.42T. Additionally, with a notable 22.54% spike, the 24-hour volume of Bitcoin is nearly $74.36B.

A key driver behind this rally is the rising interest in Bitcoin’s spot ETFs as well as the renewal of the retail inflows. As a result of this, the spot $BTC ETFs hold up to $150B in assets, nearing the $198B mark of gold. The respective development also signifies a shift in the wider investor perception as they now see Bitcoin as a robust reserve asset.

Growing Institutional Accumulation Pushes Ethereum Closer to ATH

Simultaneously, Ethereum ($ETH) is now changing hands at $4,327.04. This price level signals a 1.89% increase over twenty-four hours. Apart from that, the market capitalization of the top coin in the altcoin market stands at $522.66B, displaying a 1.87% rise in the meantime. This highlights Ethereum’s potential entry into another bullish phase amid the growing accumulation parallel to the surge of Chainlink ($LINK) and other altcoins.

Keeping this in view, Ethereum ($ETH) is poised to touch its ATH in the near future. A powerful contributor to this development is the significant increase in the institutional adoption. Additionally, the evolution in the macroeconomic conditions is also a decisive factor. Overall, the current upward trajectories of Bitcoin and Ethereum and the favorably shifting financial system indicate noteworthy growth ahead.

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Bitcoin (BTC) на Currencies.ru

$ 91347.63 (-0.76%)
Объем 24H $57.828b
Изменеия 24h: -2.25 %, 7d: -0.18 %
Cегодня L: $91347.63 - H: $92664.54
Капитализация $1823.098b Rank 1
Цена в час новости $ 121222.38 (-24.64%)

bitcoin ethereum 121k momentum toward aths bullish

Источник: blockchainreporter.net

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2024-11-20 22:45


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