Why Are Bitcoin, Ethereum, XRP, Dogecoin Suddenly Skyrocketing?
Posted On July 14, 2025
Cryptocurrency markets are off to a blazing start on Monday morning, with Bitcoin making a new all-time high above $123,000.
Cryptocurrency | Ticker | Price |
Bitcoin | (CRYPTO: BTC) | $121,812.36 |
Ethereum | (CRYPTO: ETH) | $3,070.88 |
Solana | (CRYPTO: SOL) | $167.48 |
XRP | (CRYPTO: XRP) | $2.99 |
Dogecoin | (CRYPTO: DOGE) | $0.2069 |
Shiba Inu | (CRYPTO: SHIB) | $0.00001383 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 14.7% and 7.9%, respectively. Daily active addresses dropped by 5.6% and 3.6%, respectively.
- Coinglass data shows129,769 traders were liquidated in the past 24 hours for $750.05 million.
- SoSoValue data shows net inflows of $1.03 billion into spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $204.8 million.
Trader Notes: CoinBureau co-founder Nic Puckrin highlighted the importance of Bitcoin breaching a 7-year-long monthly resistance trendline, which acted as the ceiling in past bull markets dating back to …