Key takeaways

Bitcoin reached a new ATH of $113,500, while Ethereum rose to $2,800. Overnight liquidations exceeded $598 million, of which $529 million was held by short positions. Analysts expect a target of $150,000 amid rising global liquidity.

Bitcoin hits all-time high above $113,500

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10.07.2025
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Konstantin Katyshev
Bitcoin

On the evening of July 10, bitcoin hit an all-time high, breaking the $113,500 mark. Ethereum rose to $2800, and most of the top ten cryptocurrencies showed growth. Among them, XRP added 4.6% and Dogecoin added 6.2%.

According to Coinglass, the volatility led to nearly $600 million in futures position liquidations. The vast majority of the losses were incurred by traders betting on a falling market.

Analyst Michael van de Poppe believes bitcoin has consolidated above the key $110,500 level and could reach $150,000 in the third quarter. He noted that the current movement confirms the positive market structure.

The total cryptocurrency market capitalization exceeded $3.6 trillion, with bitcoin accounting for 62.7%. BTC growth is still correlated with the M2 global liquidity index, which is emphasized by community participants.

Previously, analyst Omkar Godbole had highlighted resistance levels at $115,000 and $223,000 as long-term targets.

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Konstantin Katyshev

Not just a professional in his field, but also a true enthusiast with extensive experience in journalism and media. With a deep understanding of the intricacies of editorial work and an unwavering commitment to excellence, he inspires his team to create high-quality and meaningful content.
Not just a professional in his field, but also a true enthusiast with extensive experience in journalism and media. With a deep understanding of the intricacies of editorial work and an unwavering commitment to excellence, he inspires his team to create high-quality and meaningful content.
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