Bitcoin Defies Resistance with New Bull Rally Surge
2025-07-11 07:19:21
Main Idea
Bitcoin experienced a significant price surge, rising from $110,000 to $118,000 in a single day, signaling a potential new bull rally, while altcoins like Ethereum, XRP, and Solana also showed strong performance.
Key Points
1. Bitcoin's price surged from $110,000 to $118,000 on July 10th, indicating resilience and potential for a new bull rally.
2. Maintaining a price above $112,100 is crucial for sustaining Bitcoin's bullish momentum.
3. Ethereum rose 14% weekly, surpassing $3,000, while XRP increased by 13% to $2.60, and Solana gained over 8% to $165.
4. Market experts suggest XRP could test $3 and Ethereum's hold above $3,000 might signal a new altcoin season.
5. The surge in Bitcoin and altcoins is supported by record-high S&P 500 and increased global liquidity.
Description
Bitcoin surged to $118,000, signaling a potential start of a bull rally. $112,100 became a crucial support level, sparking interest among long-term investors. Ethereum, XRP, and Solana lead the altcoin rotation following Bitcoin's rise. Continue Reading: Bitcoin Defies Resistance with New Bull Rally Surge The post Bitcoin Defies Resistance with New Bull Rally Surge appeared first on COINTURK NEWS .
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