The recent Rally of Bitcoin has seen the leading digital assets infringement of $ 122,000, although it is still inadequate of the peak of July 2025 of $ 123,000.
According to CryptoSlate’s Data, Bitcoin has risen by more than 3% in the last 24 hours and reached a highlight of $ 122,321 before they withdraw somewhat to $ 120,749 at the time of writing.
Despite the small pullback, Bitcoin has already reached new all-time highlights on various global markets, resulting in previous records in local currencies.
According to Coinmarketcap data, Bitcoin has the £ 90,000 marking in the Uk and achieved new highlights in countries such as Canada” Japan” India” Argentina” NigeriaAnd Pakistan.
Vincent Liu, CIO of Kronos Research, said CryptoSlate That these achievements show that global liquidity and momentum strengthen between the markets.
According to him:
‘[Bitcoin is] Already new peaks in pounds, pesos and other Fiats. With the shifting of currency -dominance outside the dollar, the global liquidity and the momentum on the global markets strengthen. “
When will Bitcoin still break a high in USD?
Given the worldwide performance of Bitcoin, Praevisio, a Bitcoin analyst, Bullish remains about the future prize of BTC.
Praevisio noted The recent uptrend of Die Bitcoin has wiped all the resting liquidity, created a large CME gorge on the way up and established fresh demand zones.
This makes Praevisio’s monthly outlook for the top crypto positive. He predicts a 90% chance that BTC will reach $ 131,000 this month and estimates a 23% chance of visiting the monthly low.
On the other hand, analysts from Bitunix Exchange told CryptoSlate That macro -economic factors, including the upcoming release of the Consumer Price Index (CPI) and Moody’s potential recession prognosis for the US, can influence the market sentiment and the BTC price process can shift in the short term.
Nevertheless, Bitunix analysts believe that if BTC maintains its strong volume and closes above $ 120,000, it could then focus on $ 124,000 to $ 127,000.
Conversely, Bitcoin should not hold the support of $ 120,000 or form a long upper wick, a retracement of up to $ 116,000 to $ 114,000 is likely.
Bitcoin -Market data
At the time of press 12:24 pm UTC on August 11, 2025Bitcoin is on the market capitalization market and the price is upwards 2.29% In the last 24 hours. Bitcoin has a market capitalization of $ 2.4 trillion With a trade volume of 24 hours $ 79.44 billion. More information about Bitcoin ›
Summary of the Cryptomarkt
At the time of press 12:24 pm UTC on August 11, 2025The total crypto market is appreciated at $ 4 trillion With a volume of 24 hours $ 178.14 billion. Bitcoin Dominance is currently up 60.07%. More information about the Cryptomarkt ›
