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#BTCBreaksATH 🔥Bitcoin reaches a new all-time high with a price of $116,547.55 dollars.
Other cryptocurrencies like Ethereum, XRP, Solana, Dogecoin, and Cardano also rose and recorded strong gains.
Several factors such as positive regulatory expectations with the CLARITY Act could further boost the market. The cryptocurrency market is in an incredible moment, with Bitcoin (BTC) reaching a new all-time high close to $117,000. This surge occurs in a context of positive expectations for the upcoming approval of the CLARITY Act, scheduled for July 14, and the pressure from former President Donald Trump for the Federal Reserve to reduce interest rates by 300 basis points, a measure that could inject greater liquidity into the market.
Bitcoin (BTC) records a new high
Bitcoin marked a new height on July 10, with a price exceeding $116,000 and a market capitalization surpassing $2.2 trillion, marking a milestone by surpassing Alphabet, which has a market value of $2.12 trillion. According to analyst Rekt Capital, the bearish trend that affected BTC has already ended, and the next target could be set at $120,000 or more.
The daily trading volume of Bitcoin increased by 50%, surpassing $80 billion, while open interest in futures grew by 7.4%, reflecting strong optimism among traders
Other cryptocurrencies like Ethereum, XRP, Solana, Dogecoin, and Cardano also rose and recorded strong gains.
Several factors such as positive regulatory expectations with the CLARITY Act could further boost the market. The cryptocurrency market is in an incredible moment, with Bitcoin (BTC) reaching a new all-time high close to $117,000. This surge occurs in a context of positive expectations for the upcoming approval of the CLARITY Act, scheduled for July 14, and the pressure from former President Donald Trump for the Federal Reserve to reduce interest rates by 300 basis points, a measure that could inject greater liquidity into the market.
Bitcoin (BTC) records a new high
Bitcoin marked a new height on July 10, with a price exceeding $116,000 and a market capitalization surpassing $2.2 trillion, marking a milestone by surpassing Alphabet, which has a market value of $2.12 trillion. According to analyst Rekt Capital, the bearish trend that affected BTC has already ended, and the next target could be set at $120,000 or more.
The daily trading volume of Bitcoin increased by 50%, surpassing $80 billion, while open interest in futures grew by 7.4%, reflecting strong optimism among traders
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