{"id":42002,"date":"2025-08-13T15:46:32","date_gmt":"2025-08-13T15:46:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42002"},"modified":"2025-08-13T15:46:32","modified_gmt":"2025-08-13T15:46:32","slug":"bitcoin-touches-12200-as-total-crypto-market-cap-nears-4-2-trillion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42002","title":{"rendered":"Bitcoin Touches $122,00 As Total Crypto Market Cap Nears $4.2 Trillion"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) surged to a fresh weekly high of $122,026 on Wednesday before falling back below $121,000, capping a broad cryptocurrency market advance that <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47086488\/eth-to-7500-in-2025-says-standard-chartered-as-ethereum-etfs-buy-over-500m-again\">lifted total capitalization<\/a> to $4.189 trillion, according to CoinGecko data.<\/p>\n<p><strong>What Happened: <\/strong>The latest milestone came as major altcoins posted double-digit gains, led by <strong>Ethereum<\/strong>&#8216;s<strong> <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) powerful rally toward its all-time high.<\/p>\n<p>The market has rebounded sharply from early August lows, when Bitcoin briefly dipped below $113,000 and the total market cap fell under $3.8 trillion. <\/p>\n<p>Since then, prices have risen more than 10%, supported by growing institutional inflows, stronger macro sentiment, and renewed interest in blockchain applications.<\/p>\n<p>The apex cryptocurrency is now barely 1% away from its all time high of $122,838.<\/p>\n<p>Ethereum was the standout performer of the day, climbing 10% to $4,692, just 4% shy of its November 2021 peak of $4,861. <\/p>\n<p>The move was fueled by $524 million in net inflows to U.S.-listed spot ETH ETFs on Tuesday, nearly eight times the daily <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47086488\/eth-to-7500-in-2025-says-standard-chartered-as-ethereum-etfs-buy-over-500m-again\">inflows to Bitcoin ETFs<\/a>.<\/p>\n<p>Corporate treasuries have been accumulating ETH in size, echoing Bitcoin accumulation strategies, with companies like <strong>Bitmine <\/strong>(AMEX:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BMNR#AMEX\">BMNR<\/a>) and <strong>Sharplink Gaming<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SBET#NASDAQ\">SBET<\/a>) purchasing over 2 million ETH since June.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47069373\/terraform-labs-founder-do-kwon-pleads-guilty-to-fraud-in-60b-terra-luna-collapse\">Terraform Labs Founder Do Kwon Pleads Guilty To Fraud In $60B Terra\/Luna Collapse<\/a><\/strong><\/p>\n<p><strong>What Experts Are Saying: <\/strong>Speaking with Benzinga, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47096365\/bitcoin-touches-12200-as-total-crypto-market-cap-nears-4-2-trillion\" alt=\"Bitcoin\" touches as total crypto market cap nears trillion>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) surged to a fresh weekly high of $122,026 on Wednesday before falling back below $121,000, capping a broad cryptocurrency market advance that lifted total capitalization to $4.189 trillion, according to CoinGecko data. What Happened: The latest milestone came as major altcoins posted double-digit gains, led by Ethereum&#8216;s (CRYPTO: ETH) powerful rally toward [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42002","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42002"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42002\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}