Bitcoin has achieved another remarkable feat, with the cryptocurrency giant surpassing the $120,000 mark and pushing its market capitalization above $2.4 trillion, according to MarketCap data. Bitcoin Surpasses Amazon, Rising to 7th Place in Global Asset Rankings With this development, Bitcoin surpassed Amazon, which has a market value of $2.371 trillion, and rose to 7th
Bitcoin demand has been quietly expanding since July, setting the stage for what could be another late-year rally to over $200,000 Apparent demand has grown at a rate of roughly 62,000 BTC per month, according to CryptoQuant, a backdrop similar to Q4 of 2020, 2021 and 2024 when prices staged sharp moves higher. Sustained growth
Bitcoin surged past $120,000 on October 3 following the US federal government’s partial shutdown earlier this week. Investors sought safety in digital assets and gold, highlighting Bitcoin’s position as an alternative store of value when traditional systems falter. Just one day earlier, Cardano founder Charles Hoskinson predicted Bitcoin could reach $250,000 by mid-2026, citing geopolitical
The time for optimistic predictions about the Bitcoin price reaching a new record is swiftly running out. Many analysts initially predicted that the market’s leading cryptocurrency would achieve a milestone of $200,000 this year. However, as time progresses, these forecasts are being adjusted, with some traders on crypto prediction platforms lowering their price targets. Despite
Bitcoin edged higher today, breaching the key $119,000 mark, after a string of steady sessions, lifting prices above recent ranges and drawing fresh attention from big investors. According to Coinglass data, BTC rose about 2.50% in the last 24 hours, and is up 8% over the last seven days. Trading activity and inflows are being
Bitcoin has broken above the key $120,000 level for the first time since August. The rally is fueled by renewed optimism about macroeconomic tailwinds. BTC futures open interest has hit a record high of $32.6 billion. The bulls are back in charge. Bitcoin has shattered the critical $120,000 resistance level, surging to a height not
A cryptocurrency analyst has pointed out how Bitcoin could target $139,000 next, according to this on-chain pricing bands model. Bitcoin Has Broken Past 0.5 SD MVRV Deviation Band In a new post on X, analyst Ali Martinez has talked about where Bitcoin may be heading next based on the MVRV Extreme Deviation Pricing Bands. This
Cryptocurrency analyst Joao Wedson has warned investors to be cautious following the recent uptrend. He claimed that current levels are unattractive, particularly for XRP, Solana (SOL), and Binance Coin (BNB). “These coins have already risen too much, the risk/reward ratio is no longer in favor of investors,” Wedson said, arguing that the same point has
Key Takeaways Bitcoin surged past $120K, its highest since August, driving $400M in liquidations led by BTC and ETH. Seasonal trends show October averaging 21% gains, boosting bullish positioning. Bitcoin climbed above $120,000 today, its highest level since early August, sparking nearly $400 million in liquidations over the past 24 hours. Data shows about $282
October, historically one of the strongest months for Bitcoin (BTC) has already got off to a flyer in what many in the crypto industry label ‘Uptober’. Trading at around $119,810 at press time, the world’s largest cryptocurrency is up over 2% on the daily and more than 7% on the weekly chart. The daily trading