Altcoin Bulls Surge as Bitcoin Breaches New Heights
2025-07-17 20:11:14
Main Idea
Bitcoin and altcoins like XRP, DOGE, and ADA are experiencing significant price surges, with Bitcoin nearing $120,000 and altcoins showing strong upward momentum, as indicated by market indicators and analyst insights.
Key Points
1. Bitcoin's price is approaching $120,000, with a higher bottom established at $117,453 in the last 24 hours, indicating a solidified support zone.
2. XRP Coin has reached $3.4, DOGE is hitting new peaks, and ADA Coin is accelerating toward $1, signaling a strong altcoin market.
3. Grayscale's Altcoin Bull Index was triggered on July 9, suggesting increased stablecoin supply, capital influx into BTC and ETH, and a rising altcoin market with potential for further growth.
4. Market analysis highlights major buying activity in Bitcoin at price ranges of $93,000–$97,000 and $104,000–$110,000, which have now become support levels.
5. The altcoin bull market appears to be underway, with Bitcoin's rally described as having a strong foundation, supported by weeks of fluctuation ending in a breakout.
Description
The altcoin market shows potential for further gains, according to Grayscale’s insights. Bitcoin’s support continues to strengthen as it hovers near $120,000. Continue Reading: Altcoin Bulls Surge as Bitcoin Breaches New Heights The post Altcoin Bulls Surge as Bitcoin Breaches New Heights appeared first on COINTURK NEWS .
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