TLDR:
- The crypto market floats, and Bitcoin becomes the sixth largest global asset, which is run by $ 1.2 billion ETF inflows.
- Ethereum wins 6% when the dollar is weakened and the Fed maintains a dove position.
- Over $ 500 million that is liquidated when short sellers were captured by BTC Surge.
- Altcoin’s jump, led by Pudgy Penguins ETF Buzz and Retail Market Return.
Cryptocurrency market I surpassed today when Bitcoin touched a new highest time close to $ 112,000.
Strong institutional inflows, reduced macroeconomic pressure and supporting signals from the supervisory authorities contributed to the rape. Ethereum came with a remarkably rally, while the small capital also published significant profits.
Liquidations met hundreds of millions when traders rushed to catch the wave. Analysts suggest that open interest rates rise and strong techniques can push prices higher in the short term.
Bitcoin hits record high among ETF inflows
Bitcoin climbed close to $ 112,000 and surpassed Google in global asset rankings and became the sixth largest asset through market value.
According to the Coinpedia markets, over $ 1.2 billion flowed into Bitcoin ETFs, with Blackrock and Fidelity leading the way. Total daily ETF volumes crossed $ 4 billion and marked a record for the year.
🔥 Breaking: #Bitcoin Meet New ATH at $ 112,000! It is now the sixth largest asset in the world and output Google again. 🚀
Driven by:
• $ 1.2B #Etf inflows ( #BlackrockFaithfulness that leads the fee)
• Total location #Btc ETF volume reached $ 4B today.
• Open interest to $ BTC… … pic.twitter.com/khcfos8q3g– Coinpedia Markets (@marketcoinpedia) July 10, 2025
Data shows that Bitcoin’s open interest rate reached $ 78.69 billion, its highest level since May 2025. This increase indicates growing confidence from traders and institutions.
Elon Musk Recent political announcement In support of Bitcoin contributed to the shopping moment. In addition, this is together with facilitating customs problems expressed by US Secretary of State Janet Yellen.
Ethereum also moved higher and increased over 6% over the past 24 hours to $ 2,790.
According to CryptoRank, increased institutional demand and the total hausse -like momentum contributed to rally. The broader marketing entry improved after the Federal Reserve’s Dovish setting and weakening of the US Dollar Index (DXY).
Altcoins reflected the haussearted, With @pudgypenguins who jumped 22% when Sec started reviewing a proposed spot ETF. At the same time, GMX fell by 20% after suffering an exploitation of $ 42 million, although the team has offered a 10% fee for the stolen funds.
📈 Market overview#Bitcoin Beat a new highest time close to $ 112K, driven by a weaker DXY, continued ETF inflows and dovish fed signals, while @ethereum Collected ~ 6% on institutional demand and raise speed.$ BTC: $ 111,197 +2.28%$: 2,790 $ +6.24%@Pudgypenguins increased 22%… pic.twitter.com/ruakpl1tz3
– cryptorank.io (@cryptorank_io) July 10, 2025
Volatility rattles traders, but the crypto market remains positive
Despite the over voltage, over $ 518 million was liquidated across the market over the past 24 hours. Coinglass -data showed that 115,000 traders liquidated, with HTX that saw a single dehydration of $ 51.56 million. Bitcoin’s dominance and rapid increase captured many short positions outside the guard and drive additional price measures.
Crypto Market CAP reached $ 3.63 trillion today, with the support of rising volume and renewed investors’ appetite. The Fear & Greed Index stood at 71 and signaled “greed”, with Bitcoin who continued to lead the way.
The green trend was expanded to small projects. Tokens like $ Hyper, $ Chillhouse and $ Kori published triple -digit winnings, according to data from Cryptobubbles. Analysts noted a shift towards speculative trade when retail interest returned.
When Bitcoin stabilizes near $ 112,000 expect analysts a $ 113,000 test soon. Momentum indicators show the upward force, with MACD trends positively. If ETF inflows remain and volatility remains, crypto prices can continue to climb in the short term.
