This Monday, crypto markets are pushing increased, with whole market worth rising 2.43% to greater than $4.05 trillion. Bitcoin climbed 3.3% to interrupt $122,000, leaving it simply 1% shy of its file peak after a robust weekend run. Ethereum additionally moved increased for the second day in a row, reaching above $4,300, marking its highest value since late 2021. May this be the signal of an upcoming altcoin season? What are the perfect crypto to purchase proper now?
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The rally unfold throughout a number of sectors. NFTs led the cost, gaining 4.28% as Zora jumped 45.82% and Pudgy Penguins added 4.13%. DeFi superior 1.79%, powered by double-digit good points in Lido DAO (+11.30%) and Ethena (+10.79%).
(ZORAUSDT)
ZORA has been in a robust uptrend, breaking above $0.13. The transfer represents a acquire of almost 45% within the final 24 hours, with momentum accelerating over the previous two days. Quick resistance is close to $0.14, whereas short-term help is round $0.11–$0.12.
Sustaining above $0.13 may open the door for a push towards $0.15, however overextended circumstances might set off a doable pullback.
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Including to the bullish sentiment, Arkham information revealed that Arthur Hayes elevated his holdings over the previous 24 hours, buying 1,500 ETH (about $6.35 million) together with a number of DeFi blue-chip property: 425,000 LDO (round $557,000), 420,000 ETHFI (about $517,000), and 185,000 PENDLE (roughly $1.02 million).
In line with Arkham, over the previous 24 hours, Arthur Hayes elevated his holdings of ETH and several other DeFi blue-chip property, together with 1.5k ETH (price roughly $6.35M), 425k LDO (round $557k), 420k ETHFI (round $517k), and 185k PENDLE (round $1.02M).https://t.co/11Bj3OA0lo
— Wu Blockchain (@WuBlockchain) August 11, 2025
Keep tuned for reside updates on the newest developments in regards to the crypto market.
Bitcoin Once more above $122K, Overtakes Amazon as Ethereum ETF Inflows Hit $2B
From August 4 to August 8, spot Bitcoin ETFs introduced in $247 million, with BlackRock’s IBIT main at $189 million. Spot Ethereum ETFs attracted $327 million in the identical interval, extending their streak to 13 consecutive weeks of internet inflows. Ethereum ETFs gained a large $2.03 billion. Regardless of Bitcoin’s market cap being almost 5 instances bigger than Ethereum’s, ETH’s latest ETF efficiency is drawing consideration.
Bitcoin has simply damaged $122,000, overtaking Amazon to rank because the sixth-largest asset globally, holding a 59.8% market share.
Ethereum holders who entered at $1,300–$1,400 earlier this yr are additionally having fun with sturdy good points.
The publish [LIVE] Newest Crypto Information, August 11 – Bitcoin Crosses $122K, Ethereum Marks 3-12 months Excessive: Finest Crypto To Purchase? appeared first on 99Bitcoins.