Why Is Crypto Up Today? – July 11, 2025
2025-07-11 11:47:42
Main Idea
The crypto market is experiencing a significant rise, with Bitcoin hitting a new all-time high and Ethereum surpassing the $3,000 mark, driven by institutional demand and positive market sentiment.
Key Points
1. The total crypto market capitalization increased by 1.3% to $3.73 trillion, with 99 of the top 100 coins showing gains.
2. Bitcoin (BTC) reached a new all-time high of $117,586, marking 62 days of price stability above $100,000, while Ethereum (ETH) surpassed $3,000.
3. US BTC and ETH spot ETFs saw the second-highest inflows since launch, with BlackRock, Grayscale, and Ark & 21Shares leading the inflows.
4. Market sentiment entered 'greed' territory, with analysts noting potential for further price increases but also warning of near-term risks like trade tensions.
5. Institutional adoption and ETF inflows are cited as key drivers of the market's positive performance, with long-term outlooks remaining overwhelmingly positive for Bitcoin.
Description
The crypto market is up today, for the third day in a row. 99 of the top 100 coins per market cap have appreciated over the past 24 hours. At the same time, the cryptocurrency market capitalization has increased by 1.3% to $3.73 trillion, which is a significant increase from yesterday’s $3.45 trillion. The total crypto trading volume is at $231 billion, up from $128 billion a day before. TLDR: The crypto market rising, with the market cap hitting $3.73 trillion; 99 of the top 100 coins are green...
Latest News
- Pi Coin Price Prediction: Crashing Toward All-Time Low – Is PI Going to $0?2025-07-11 18:25:41
- Weekly Crypto Regulation Roundup: Trump Slams Musk, Tim Scott Backs Blockchain, and Broker Rule Gets Buried2025-07-11 17:58:37
- Dogecoin Price Prediction: Fib Extension Flashes $4 Target – How Quickly Can DOGE Get There?2025-07-11 17:56:31
- Pepe Price Prediction: Trading Volume Rockets Overnight – Could PEPE Be the Next $1 Meme Coin?2025-07-11 17:12:17
- Hyperliquid ($HYPE) Soars 24% to All-Time High Amid Growing Interest for DeFi Derivatives2025-07-11 17:00:32