Bitcoin Hits New All Time High Of $113,900 As Adoption Accelerates

Bitcoin Hits New All Time High Of 3,900 As Adoption Accelerates

A day after yesterday’s ATH the place Bitcoin reached $112,000. Bitcoin right now formally reached a brand new all-time excessive (ATH) of $113,900, extending its bullish run that reignited in late June. Simply 18 days in the past, BTC was buying and selling round $98,000. At this time’s ATH highlights the accelerating international shift towards viewing Bitcoin as each a retailer of worth and a strategic asset.

In the meantime, $50 million price of Bitcoin shorts had been liquidated previously hours and over $1.5 billion price of Bitcoin brief positions are set to be liquidated at $120,000, in response to information from Coinglass. If Bitcoin continues its upward trajectory, an enormous brief squeeze may very well be triggered, forcing bearish merchants to purchase again in at larger costs and additional accelerating the worth motion.

Based on Polymarket, the world’s largest betting platform, the most certainly end result of hitting $115,000 by the top of July is 80% and 44% likelihood of hitting $120,000. 

In an interview with Bloomberg, the Federal Reserve Board Member Christopher Waller is contemplating chopping rates of interest this month, which might gasoline the worth of Bitcoin to go even larger.

President Donald Trump, who’s been closely pressuring Fed Chair Jerome Powell to chop rates of interest, and even known as for Powell to resign and be investigated by Congress, posted concerning the value of Bitcoin growing right now on his Reality Social account, together with shares additionally hitting report highs. “CRYPTO, ‘Through the Roof,” the President acknowledged. “FED SHOULD RAPIDLY LOWER RATE TO REFLECT THIS STRENGTH.”

Earlier right now, it was reported that 99.85% of all Bitcoin addresses had been in revenue, with that quantity hitting 100% as Bitcoin smashed by its new all time excessive above $113,900.

Since November 16, 2022, El Salvador has been steadily buying bitcoin day by day for its treasury reserves. Now, the nation has amassed over 6,233 BTC of their treasury. After right now’s upward value motion, El Salvador’s Bitcoin reserves surpassed $700 million in worth. 

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 117,882.58 6.29%
ethereum
Ethereum (ETH) $ 2,985.80 7.44%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.68 9.52%
bnb
BNB (BNB) $ 689.16 2.66%
solana
Solana (SOL) $ 164.38 4.34%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.200278 11.20%
tron
TRON (TRX) $ 0.296327 1.85%
staked-ether
Lido Staked Ether (STETH) $ 2,985.60 7.44%
cardano
Cardano (ADA) $ 0.741517 18.41%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 117,756.55 6.25%
hyperliquid
Hyperliquid (HYPE) $ 45.46 10.58%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,602.25 7.16%
sui
Sui (SUI) $ 3.52 8.31%
chainlink
Chainlink (LINK) $ 15.54 8.78%
bitcoin-cash
Bitcoin Cash (BCH) $ 522.70 1.36%
stellar
Stellar (XLM) $ 0.32885 13.00%
avalanche-2
Avalanche (AVAX) $ 21.11 7.53%
hedera-hashgraph
Hedera (HBAR) $ 0.206077 16.35%
leo-token
LEO Token (LEO) $ 8.98 0.16%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,197.60 7.44%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 8.56%
usds
USDS (USDS) $ 0.999998 0.01%
the-open-network
Toncoin (TON) $ 2.98 3.67%
weth
WETH (WETH) $ 2,984.74 7.43%
litecoin
Litecoin (LTC) $ 95.68 5.33%
whitebit
WhiteBIT Coin (WBT) $ 46.72 0.63%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999083 0.13%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 117,899.59 6.33%
polkadot
Polkadot (DOT) $ 3.98 9.08%
monero
Monero (XMR) $ 325.71 0.76%
uniswap
Uniswap (UNI) $ 8.93 7.59%
pepe
Pepe (PEPE) $ 0.000013 15.25%
ethena-usde
Ethena USDe (USDE) $ 0.999983 0.14%
bitget-token
Bitget Token (BGB) $ 4.52 2.24%
aave
Aave (AAVE) $ 312.21 6.22%
pi-network
Pi Network (PI) $ 0.490893 1.69%
bittensor
Bittensor (TAO) $ 391.89 12.79%
dai
Dai (DAI) $ 1.00 0.01%
aptos
Aptos (APT) $ 4.96 8.39%
near
NEAR Protocol (NEAR) $ 2.58 9.58%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.01%
crypto-com-chain
Cronos (CRO) $ 0.099144 5.66%
okb
OKB (OKB) $ 49.78 3.02%
internet-computer
Internet Computer (ICP) $ 5.49 5.95%
ondo-finance
Ondo (ONDO) $ 0.920518 9.20%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 200.35 4.74%
ethereum-classic
Ethereum Classic (ETC) $ 18.61 5.89%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
kaspa
Kaspa (KAS) $ 0.089018 10.11%
susds
sUSDS (SUSDS) $ 1.06 0.01%
ethena
Ethena (ENA) $ 0.352145 22.53%
usd1-wlfi
USD1 (USD1) $ 0.999804 0.04%
mantle
Mantle (MNT) $ 0.641451 6.25%
cosmos
Cosmos Hub (ATOM) $ 4.68 8.48%
vechain
VeChain (VET) $ 0.024947 10.82%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.228377 9.59%
arbitrum
Arbitrum (ARB) $ 0.41336 15.38%
official-trump
Official Trump (TRUMP) $ 10.20 10.14%
render-token
Render (RENDER) $ 3.81 12.85%
gatechain-token
Gate (GT) $ 16.37 2.06%
algorand
Algorand (ALGO) $ 0.226506 16.88%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.742837 7.11%
fasttoken
Fasttoken (FTN) $ 4.46 0.49%
sei-network
Sei (SEI) $ 0.340002 29.23%
worldcoin-wld
Worldcoin (WLD) $ 1.08 16.30%
bonk
Bonk (BONK) $ 0.000024 7.56%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,982.86 7.28%
sky
Sky (SKY) $ 0.08409 2.92%
filecoin
Filecoin (FIL) $ 2.63 7.95%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 117,619.51 6.22%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.75 3.02%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 174.58 4.41%
spx6900
SPX6900 (SPX) $ 1.62 8.10%
jupiter-exchange-solana
Jupiter (JUP) $ 0.497502 8.96%
usdtb
USDtb (USDTB) $ 0.999971 0.02%
first-digital-usd
First Digital USD (FDUSD) $ 0.998106 0.08%
kucoin-shares
KuCoin (KCS) $ 11.39 1.35%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,130.17 7.35%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,402.66 7.33%
usdt0
USDT0 (USDT0) $ 1.00 0.08%
celestia
Celestia (TIA) $ 1.93 13.27%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.021216 9.02%
fartcoin
Fartcoin (FARTCOIN) $ 1.33 15.80%
nexo
NEXO (NEXO) $ 1.26 1.88%
injective-protocol
Injective (INJ) $ 12.71 15.66%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.85 14.99%
optimism
Optimism (OP) $ 0.689228 15.70%
flare-networks
Flare (FLR) $ 0.017126 5.32%
xdce-crowd-sale
XDC Network (XDC) $ 0.073 2.74%
blockstack
Stacks (STX) $ 0.755791 9.56%
story-2
Story (IP) $ 3.99 25.55%
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,195.17 7.41%
sonic-3
Sonic (S) $ 0.353922 12.12%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 3,138.63 7.34%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 117,893.59 6.59%
memecore
MemeCore (M) $ 0.683463 53.40%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.01%
dogwifcoin
dogwifhat (WIF) $ 1.03 6.29%
Scroll to Top