Bitcoin hits new all time high, trades above $113k, Hyper, Pengu, Pi, Sui leads altcoins
2025-07-10 18:34:14
Main Idea
Bitcoin reached a new all-time high above $113,000, with altcoins like Hyper, Pengu, Pi, and Sui also experiencing significant gains, while corporate BTC holdings expanded.
Key Points
1. Bitcoin traded at $113,635, up 4% from the previous day, with a market cap of $2.25 trillion and trading volume surging 44% to $64.71 billion.
2. KULR Technology Group acquired 90 BTC for $10 million, achieving a year-to-date Bitcoin yield of 291%, and now holds 1,021 BTC.
3. K Wave Media Inc. announced a $1 billion financing package, acquiring 88 BTC and planning further allocations.
4. Hyperlane (Hyper) surged over 330% after an Upbit listing announcement, while Pudgy Penguins (PENGU) rose 32% following SEC ETF acknowledgment.
5. Pi token jumped 6% after the Pi Core Team introduced a no-code app development tool, Pi App Studio, which saw over 12,000 applications created in two weeks.
6. SUI gained over 10% as tBTC integration on the Sui blockchain introduced potential liquidity of over $500 million.
Description
Bitcoin hit a fresh all-time high on Thursday as it finally broke past the consolidation zone and was trading above $113,000 level. Altcoins like Pengu, PI, SUI and Hyper also made sharp moves in the session. How BTC hit a new ATH At the time of writing, Bitcoin was trading at $113,635, up more than 4% from the previous day. According to data from CoinMarketCap, the top crypto’s total market was at $2.25 trillion, also increasing by more than 3%. Bitcoin’s trading volume also saw a sharp surge o...
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