Morning Minute: Bitcoin Breaks to $124k & New All-Time High
Main Idea
The article discusses the recent surge in cryptocurrency prices, highlighting Bitcoin's new all-time high and Ethereum's strong performance, while also covering market trends, institutional involvement, and notable crypto-related news.
Key Points
1. Bitcoin reached a new all-time high of $124,128, while Ethereum traded above $4,780, nearing its 2021 peak.
2. Crypto majors and altcoins, including SOL, saw significant gains, with Bitcoin dominance dropping to 59%, suggesting potential for an altcoin season.
3. El Salvador's daily Bitcoin purchases since November 2022 have yielded a 115% return, showcasing the benefits of consistent investment.
4. ETH ETFs recorded $729.1M in net inflows, the second-largest day on record, indicating strong institutional interest.
5. Notable market movers included ADA (+11%), ARB (+10%), and RAY (+6%), while memecoins like DOGE and SHIBA saw declines.
Description
Find out what's driving the move and if there's more fuel for this rally to continue.
Latest News
- Texan Authorities Seize $2.8M in Crypto from Alleged Ransomware Operator2025-08-15 12:49:28
- Morning Minute: Another $700M+ Bitcoin TreasuryCo Is Born2025-08-15 12:25:05
- WiseLink Becomes First Taiwan-Listed Company To Invest in a Bitcoin Treasury Strategy2025-08-15 10:33:00
- Illegal Bitcoin Mining on the Rise in Tajikistan and Kazakhstan2025-08-15 10:20:37
- Hong Kong's SFC Orders Tighter Crypto Custody Standards Following Global Breaches2025-08-15 07:32:48