Crypto Market Surges as Altcoins Gain Momentum
2025-07-13 09:18:49
Main Idea
The cryptocurrency market is experiencing a surge, with altcoins gaining momentum as Bitcoin's price and institutional demand rise, while specific altcoins show significant weekly gains and losses.
Key Points
1. The total cryptocurrency market value is nearing $3.7 trillion, with Bitcoin's price increasing by approximately 10% in the past week, pushing its market cap above $2.34 trillion.
2. Bitcoin ETFs saw net inflows exceeding $1 billion, and BTC maintains $117,000 as a support level after breaking past $112,000.
3. Among the top 100 cryptocurrencies, MemeCore (M) saw an 8.3x price increase, XLM rose by 86%, and HBAR surged by 51%, while TON dropped by 0.5%.
4. The ETHBTC pair failed to break past the 0.0258120BTC resistance, indicating a missed opportunity for altcoins to rise.
5. Institutional demand remains robust, and the market shows sustained risk appetite despite upcoming US inflation data.
Description
The crypto market capitalization approaches $3.7 trillion, indicating positive signals for altcoins. Bitcoin sees a 10% weekly increase, maintaining a strong position at $117,000. Continue Reading: Crypto Market Surges as Altcoins Gain Momentum The post Crypto Market Surges as Altcoins Gain Momentum appeared first on COINTURK NEWS .
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