According to the analyst, the "measured move projection" method — a technical analysis approach based on the scale of previous price impulses — indicates a potential rise in the asset's value.
Bitcoin remained stable on Wednesday after pulling back from record highs as investors watched the progress of key U.S. cryptocurrency bills following an initial setback in the House of Representatives.
On July 14, the market capitalization of the leading cryptocurrency reached $2.42 trillion. According to CompaniesMarketCap, Amazon’s (NASDAQ:AMZN) capitalization currently stands at around $2.38 trillion.
The total cryptocurrency market capitalization has reached $3.81 trillion. Ethereum, the second-largest cryptocurrency, also surpassed $3,000. Many altcoins are in the “green zone,” including SUI, which rose 12.5% in 24 hours to $3.84, and SOL, which climbed to $166.
Robert Kiyosaki, the famous author of the bestseller “Rich Dad, Poor Dad,” has decided to buy Bitcoin at a price above $117,000.
Bitcoin has broken above $122,000 for the first time, with investor optimism rising nearly every day after breaking out of the tight price range where the cryptocurrency had been stuck for months. Previously, skeptics questioned whether the original digital asset could regain record momentum like earlier this year, Bloomberg reports.
Xapo Bank director Seamus Rocca has predicted a deep correction in Bitcoin’s price, after the cryptocurrency reached a new all-time high of $119,126 today.
On Friday, U.S. spot Bitcoin ETFs recorded daily inflows exceeding $1 billion for the second consecutive day. This is the first time since their launch in January 2024 that there have been back-to-back ten-figure inflows.
The metric has approached the all-time high recorded in May of 126.98 T. After the difficulty adjustment, the average network hashrate dropped to 797 EH/s, while the block interval exceeded 11 minutes.
Bank of America (NYSE:BAC) has named Bitcoin the most profitable currency of 2025, having gained 18.2% year-to-date — outperforming all major fiat currencies.
Bitcoin surged to new highs on Friday, surpassing the $118,000 mark, driven by strong institutional interest and crypto-friendly policies from U.S. President Donald Trump's administration.
Yesterday’s breakout to $112,000 did not result in a new price record, but that changed today. Bitcoin has now reached a new all-time high of $113,400.
The company announced plans to raise between $200 million and $300 million to build up a reserve of Solana (SOL) tokens. The decision to stop mining Bitcoin was explained as a “strategic move to adapt to a changing market and ensure long-term returns for shareholders.”
Bitcoin rose on Thursday but remained below the near-record high of almost $112,000 it briefly touched a day earlier, as profit-taking and renewed concerns over U.S. tariffs tempered investor enthusiasm.
Bitcoin rose slightly on Wednesday, continuing a cautious movement as investors stayed on the sidelines amid new U.S. tariff announcements and looked ahead to the upcoming “Crypto Week” in mid-July for potential regulatory clarity.
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