Today: 30 June 2026
Browse Category

NASDAQ:UPXI 23 July 2025 - 24 July 2025

Bitcoin Flirts with $120K, Altcoins Surge, Regulators Strike & NFT Mania Returns – Crypto Roundup (July 23–24, 2025)

Bitcoin Flirts with $120K, Altcoins Surge, Regulators Strike & NFT Mania Returns – Crypto Roundup (July 23–24, 2025)

Bitcoin briefly blasted up to the $120,000 mark – heights unseen in years – before pulling back ~2% mid-week cointelegraph.com. The quick dip to around $117,500 on Wednesday triggered a wave of liquidations: over 176,000 traders saw positions wiped out, totaling >$500 million in losses cointelegraph.com. Market veterans framed it as a healthy breather rather than a true breakout. “Not an actual breakout upwards… likely we’re going to retest the lows of the range again,” noted trader Michaël van de Poppe after BTC’s liquidity grab cointelegraph.com. Analysts are eyeing support near $113K as a potential local bottom – roughly a 6–7% pullback from the top cointelegraph.com. Despite this volatility, Bitcoin’s uptrend remains intact on higher timeframes. Optimistic bulls still target fresh highs above $130K once the current consolidation passes cointelegraph.com. Caution is creeping in, however, as open interest across crypto derivatives hit all-time highs, prompting on-chain firm Glassnode to warn of “froth” building in the market. Elevated leverage “tends to amplify both upside and downside volatility” and can leave the market “fragile,” Glassnode observed cointelegraph.com cointelegraph.com – a reminder for traders to manage risk even as sentiment runs hot. A broad altcoin rally is accompanying Bitcoin’s surge, reviving chatter of
24 July 2025
Crypto Frenzy: Bitcoin Wavers at $120K, Altcoins Roar, Regulators Act, and NFTs Rebound (July 22–23, 2025)

Crypto Frenzy: Bitcoin Wavers at $120K, Altcoins Roar, Regulators Act, and NFTs Rebound (July 22–23, 2025)

Bitcoin briefly topped $120,000 — a level not seen in years — before pulling back by over 2% mid-week cointelegraph.com. The dip to around $117,500 at Wednesday’s Wall Street open triggered more than $500 million in liquidations across crypto derivatives, as over 176,000 traders saw positions wiped out cointelegraph.com. Analysts viewed the move as a healthy breather: “Not an actual breakout upwards... likely that we’re going to retest the lows of the range again,” commented veteran trader Michaël van de Poppe after the liquidity sweep cointelegraph.com. Some are eyeing support around $113K as a potential local bottom, noting that a 6–7% pullback to that Fibonacci level could set the stage for the next leg up cointelegraph.com. Despite this week’s volatility, Bitcoin’s market structure remains bullish, and optimistic traders still target fresh highs toward $130K+ after a short-term correction cointelegraph.com. A broad altcoin rally accompanied Bitcoin’s ascent, fueling talk of a new “altseason.” Ether nearly reached $3,860 before a modest retrace to ~$3,745, indicating some profit-taking by short-term holders cointelegraph.com. Still, ETH is up ~67% over the past month cryptopotato.com. Notably, two public companies have been on an Ether buying spree. BitMine Immersion now holds 300,657 ETH, while SharpLink Gaming overtook

Stock Market Today

  • ASX Seen Higher as Oil Jumps on US-Iran Tensions; Collins Foods Lifts Guidance
    June 29, 2026, 8:32 PM EDT. The ASX is set to open firmer Tuesday, with oil prices climbing as worries rise over US-Iran tensions and shipping risks in the Strait of Hormuz. Energy names are likely to lead. Gold fell as investors pulled back from safe havens. Collins Foods reported better underlying earnings and revenue for fiscal 2026, pointing to stronger operating results. The session is shaped by commodity swings from geopolitical risk and local company earnings.
Go toTop