Bitcoin Breaks $119, While XLM and HBAR Lead Altcoin Rally
2025-07-13 17:12:00
Main Idea
Bitcoin reached a new high of $119,203, while altcoins XLM and HBAR saw significant gains of 22% and 27% respectively, with analysts predicting further Bitcoin price increases.
Key Points
1. Bitcoin climbed from $117,268 to $118,882, reaching an intraday high of $119,203 on July 13, 2025.
2. XLM and HBAR recorded 22% and 27% gains versus the dollar in the same 24-hour period.
3. Analysts, including Fundstrat Capital CIO Thomas Lee, predict Bitcoin could reach $150,000 to $250,000 by the end of 2025 due to demand-supply imbalance.
4. XLM surged 6% the previous day, making it the top performer among the top 20 cryptocurrencies by market cap.
5. Crypto analyst Rekt Capital noted HBAR’s recent 62% surge aligns with its 2021 price cycle, suggesting potential for a similar breakout pattern.
Description
According to CoinDesk Data price information , at 2:20 p.m. UTC on Sunday, the bitcoin (BTC) price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period. Bitcoin's achievement was a little bit surprising because the crypto market was waiting for the U.S. stock market to open on Monday to discover the reaction to the 30% tariffs against imports from the EU and Mexico that Trump announced late Friday on Truth Social. Analysts expect the bitcoin price to reach as high as $250,000...
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