Crypto Markets Surge with New Highs on the Horizon
2025-07-11 20:34:28
Main Idea
Cryptocurrency markets are experiencing a surge with Bitcoin nearing its all-time high, while altcoins show strong performance, amid speculation about Federal Reserve Chairman Powell's potential departure.
Key Points
1. BTC is close to its all-time high at the $118,000 mark, with slightly decreased volume but strong altcoin performance.
2. Analysts note persistent net inflows in the ETF channel and a tested support threshold of $783 billion, with prices now below the $935 billion barrier.
3. SOL Coin shows resilience with LTH supply surpassing monthly supply, indicating a market supply squeeze.
4. Speculation about Federal Reserve Chairman Powell's potential departure is influencing market chatter.
5. Despite volatility, seasoned investors remain unfazed by high BTC prices, anticipating a significant rise.
Description
U.S. markets closed with a slight rise; crypto markets focus on BTC milestones. Continue Reading: Crypto Markets Surge with New Highs on the Horizon The post Crypto Markets Surge with New Highs on the Horizon appeared first on COINTURK NEWS .
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