The anticipated official launch of UR could fuel more upside potential for Mantle.
Altcoins have recently broken out while most traders are fixated on Bitcoin’s price. Is this the real deal, or is the crypto market due to sink further? Top-performing altcoins Ripple (XRP) and Cardano (ADA) are analysed. Altcoins breakout and confirm Source: TradingView The Total2 chart tracks the combined market capitalization of all the altcoins, without Bitcoin. As can be seen in the chart above, the downtrend has been broken. Also, the price has been back to confirm the breakout trendline. It might be expected that the trend is back to the upside from here. Besides making a new local high here, the last swing high at $1.64 trillion will need to be surpassed in order to keep this upward trend intact. The all-time high is just above this at $1.7 trillion. $XRP breaks out Source: TradingView As can be seen in the daily chart for $XRP , the price has broken through the descending trendline. All that remains is a test of the trendline before the price goes higher. A resistance band is formed by the top of the previous descending triangle pattern and more recent price action just above this. Breaking above this band would likely lead to a new all-time high. $XRP heading to last overhead resistance Source: TradingView The weekly chart view shows well the support and resistance lines are functioning for the $XRP price . After a recent retest of the $2.74 horizontal support line, the path is now open for the bulls to have another go at breaking through the overhead resistance. If they succeed, new price discovery awaits. $ADA primed for breakout Source: TradingView After another quick retest of the $0.73 horizontal support, the $ADA price is right below the descending trendline and primed for a breakout. If successful, this should allow the price to head up to the $0.85 resistance level. The Stochastic RSI on the daily has plenty of upside, and once the indicators are through the 20.00 level, this should signal upside price momentum. Can $ADA bulls break the psychological $1 barrier? Source: TradingView Zooming out into the weekly time frame the scale of the task confronting the $ADA bulls becomes apparent. The key to much further advancement in this bull market is for the bulls to break above the descending trendline and then to break through the psychological barrier of $1. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Experts reveal why retail investors remain underallocated while institutions amass billions in Ethereum.
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BitcoinWorld Bitcoin Price Surge: BTC Soars Above $115,000 – What’s Next? The cryptocurrency world is buzzing with excitement as Bitcoin (BTC) achieves a significant milestone, with its price soaring above the $115,000 mark. This Bitcoin price surge , observed through real-time market monitoring, marks a pivotal moment for digital assets. According to data from Bitcoin World, BTC is currently trading around $115,000.59 on major exchanges like Binance’s USDT market, indicating robust market momentum and strong investor confidence. What’s Driving This Remarkable BTC Market Rally? Several factors typically contribute to such a substantial increase in BTC market value. Understanding these drivers is crucial for anyone following cryptocurrency trends . This recent push past $115,000 is not merely a random fluctuation; it often reflects deeper shifts in investor sentiment and broader economic landscapes. Increased Institutional Adoption: Large financial institutions and corporations are increasingly integrating Bitcoin into their portfolios, recognizing its potential as a store of value and a hedge against inflation. Positive Market Sentiment: News of wider acceptance, regulatory clarity, or technological advancements can significantly boost investor confidence, leading to increased buying pressure. Macroeconomic Factors: Global economic uncertainties often drive investors towards decentralized assets like Bitcoin, which are seen as hedges against traditional market volatility and currency debasement. The Significance of the $115,000 Milestone for Digital Asset Value Reaching a price point like $115,000 is more than just a number; it signals a growing maturity and acceptance of Bitcoin as a legitimate digital asset value . This level often acts as a psychological barrier, and breaking through it can pave the way for further upward movement. It reinforces Bitcoin’s position as the leading cryptocurrency, influencing the entire market and setting new benchmarks for other digital assets. Moreover, this surge contributes to the overall stability and credibility of the crypto ecosystem. As Bitcoin demonstrates its resilience and growth potential, it encourages more mainstream participation and investment across various cryptocurrency trends , attracting a wider range of investors. Navigating Current Cryptocurrency Trends: What Should Investors Consider? For both seasoned traders and newcomers, staying informed about current cryptocurrency trends is essential. While the Bitcoin price surge above $115,000 is exciting, it is also a reminder of the market’s inherent volatility. Investors should always approach the market with a well-thought-out strategy to mitigate potential risks. Research Thoroughly: Before making any investment decisions, conduct extensive research on current market conditions, historical data, and specific assets. Risk Management: Only invest what you can afford to lose. Diversifying your portfolio across different assets can also help mitigate risks associated with market fluctuations. Stay Updated: The crypto market evolves rapidly. Keep an eye on breaking news, technological developments, and regulatory changes that could impact asset prices. The current BTC market activity underscores the dynamic nature of this space. Observing how other altcoins react to Bitcoin’s movements can provide further insights into broader cryptocurrency trends and overall market health. The Broader Crypto Market Analysis and Future Outlook This significant Bitcoin price surge has a ripple effect across the entire crypto ecosystem. A strong Bitcoin often pulls other digital assets higher, leading to an overall positive sentiment in the market. Our ongoing crypto market analysis suggests that this momentum could continue, contingent on various external factors such as global economic policies and technological advancements. Looking ahead, the trajectory of Bitcoin’s digital asset value will depend on a confluence of factors, including global economic stability, evolving regulatory frameworks, and continued innovation within the blockchain space. The sustained interest from institutional players is a particularly strong indicator of long-term growth potential for the BTC market , suggesting a robust future for digital assets. The impressive ascent of Bitcoin past the $115,000 mark is a testament to its enduring appeal and growing influence in the global financial landscape. This Bitcoin price surge highlights the increasing mainstream adoption and the robust demand for digital assets. While volatility remains a characteristic of the crypto world, this milestone offers a powerful indicator of Bitcoin’s potential and the exciting future of cryptocurrency trends . Stay tuned to Bitcoin World for the latest updates and in-depth crypto market analysis as these fascinating developments unfold. Frequently Asked Questions (FAQs) What does BTC rising above $115,000 mean? This significant price increase indicates strong market confidence and demand for Bitcoin. It suggests growing institutional and retail interest, pushing its value higher and potentially setting new psychological price barriers for future growth. What factors are contributing to this Bitcoin price surge? Several factors are likely at play, including increased institutional investment, positive market sentiment driven by wider adoption news, and macroeconomic conditions that favor decentralized assets as a hedge against inflation or traditional market volatility. Is this a good time to invest in Bitcoin? While the Bitcoin price surge is exciting, investing in cryptocurrencies always carries risk due to their inherent volatility. It’s crucial to conduct thorough research, understand your risk tolerance, and consider consulting a financial advisor before making investment decisions. Never invest more than you can afford to lose. How does Bitcoin’s price affect other cryptocurrencies? Bitcoin’s performance often influences the broader crypto market. When Bitcoin experiences a significant surge, it typically creates a positive ripple effect, leading to increased interest and price appreciation in many altcoins. Conversely, a drop in Bitcoin’s price can also lead to a market-wide downturn. Where can I find reliable crypto market analysis? For reliable crypto market analysis , refer to reputable financial news outlets, dedicated cryptocurrency research platforms, and established market monitoring services like Bitcoin World. Always cross-reference information from multiple trusted sources to get a comprehensive view. Did you find this analysis helpful? Share this article on your social media platforms to help others understand the latest Bitcoin price surge and its implications for the future of digital finance! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin price action. This post Bitcoin Price Surge: BTC Soars Above $115,000 – What’s Next? first appeared on BitcoinWorld and is written by Editorial Team
The Treasury’s FinCEN flagged a sharp rise in scams involving crypto kiosks, with victim losses nearing $247 million in 2024.
XRP is repeating technical patterns from its early 2025 rally, pointing to a potential rally toward the $3.75–$4.00 range.
Mantle (MNT) rose to a three-month peak, rising by 20% over the last day. The network is gaining attention after peak inflows of new stablecoins. Mantle (MNT) is drawing attention as a network with growing liquidity. The network is riding on the inflow of stablecoins, which is boosting the platform and leading to a rise in the MNT market price. Following the news of liquidity inflows, MNT became a top gainer among altcoins. The token added over 20% in the past day, rising to $0.88. MNT also traded at its peak volume in the last three months, at over $484M in 24 hours. MNT rallied to a three-month peak after Mantle revealed its significant ETH treasury. | Source: Coingecko MNT open interest also rose to a three-year peak at over $43M , also reflecting the sudden spotlight on the asset. The current rally led to an explosion of short positions, making up 33% of open interest. The increase in short positions, expecting a correction, could also lead to an additional short squeeze and price growth. MNT is also far from its previous peaks around $1.40 achieved in 2024 and early 2025. Mantle draws attention with ETH treasury One of the main sources of renewed attention for Mantle comes from its status among Ethereum-holding entities. The project, formerly known as BitDAO, managed to collect a significant, barely touched ETH treasury during previous market cycles. Mantle surpassed the Golem Foundation with its significant ETH treasury, giving the project options for DeFi passive income and significant liquidity. | Source: Strategic ETH Reserve Currently, Mantle turns out to be one of the top 10 ETH holders, with a treasury of 101.9K ETH. The startup has now essentially pledged to be an ETH holder, and has the options available to treasury companies, including passive income. Mantle even surpassed the Golem Foundation, with 100.7K ETH accrued during the 2018 ICO rush. Some of the startups did not manage to build a product, but re-emerged as ETH holders and funds, as ETH gained value as a reserve token. Mantle, however, is one of the active Web3 companies with a significant ETH treasury and multiple potential use cases. Corporate ETH treasuries have been used for liquid staking, and Mantle itself has produced its own version of wrapped ETH. Mantle invited renewed activity, stablecoin inflows Web3 activity picked up in July, with a sudden spike in daily active addresses. Based on Artemis data , Mantle logged up to 130K daily active wallets, up from under 10K in the months prior. The Mantle platform still carries around $232M in total value locked, though stablecoins are now at over $653M in value, with 22% growth for the past week. The recent developments show that even relatively forgotten L2 chains may rally and find a prominent place in the Ethereum ecosystem. MNT has currently risen to become the top L2 token based on market capitalization. L2 networks are gaining prominence again after a slow period, once again drawing in stablecoins, bridge transfers, and a share of app revenues. There are currently 108 L2 chains, of which the top 10 take most of the traffic. General transactions for all similar networks picked up in July, showing the Web3 space is not dead, but is waiting for favorable market conditions. Mantle is still among the lagging chains, but the recent expansion of active wallets may allow the network to catch up and boost its DeFi sector. The network’s activity is also driven by Treehouse Protocol , which expanded its volumes by 40% in the past month. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.