XRP Comes 7% Away From New ATH, BTC Price Stopped at $120K: Market Watch
2025-07-17 08:31:57
Main Idea
Bitcoin's price recovery stalled after a correction, while Ethereum and other altcoins like XRP, Dogecoin, Solana, Shiba Inu, and PEPE saw significant gains, driving the total crypto market cap closer to $3.9 trillion.
Key Points
1. Bitcoin's price reached a new all-time high of $123,000 before correcting to around $116,000, with its market capitalization at $2.350 trillion.
2. Ethereum surged 9% in 24 hours, reaching a five-month high of nearly $3,450.
3. XRP is nearing its 2018 all-time high, trading at over $3.15, driven by whale accumulation.
4. Altcoins like Dogecoin, Solana, Shiba Inu, and PEPE also saw substantial gains, with BONK and FLOKI standing out as top performers.
5. The total crypto market cap increased by over $70 billion in a day, approaching $3.9 trillion.
Description
Bitcoin’s price recovery following the Tuesday correction came to a halt at $120,000, where the bears stopped the asset and pushed it south by around two grand. In contrast, numerous altcoins have posted notable price gains over the past day, including ETH, which surged toward $3,500. BTC Stopped at $120K The primary cryptocurrency had a historic week, which began last Wednesday. After it finally managed to break through the $110,000 resistance, the asset jumped to a new all-time high of $112,00...
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