Bitcoin (BTC) breaks above the key milestone level on Friday, setting a new all-time high of $119,999, with no signs of slowing. The technical outlook supports further gains as momentum indicators remain robust and price action firmly in price discovery mode, with the next potential target above $130,000.
Bitcoin (BTC) extends the gains from Sunday, printing a record high of $121,492 at press time on Monday. Ethereum (ETH) exceeds the $3,000 mark while Ripple (XRP) advances on a bullish route, inching closer to the $3 mark. With the rising bullish momentum, traders anticipate an extended rally among the top 3 cryptocurrencies.
Bitcoin (BTC) reached a record high of $119,488 on Sunday, positioning itself as a hedge like Gold (XAU) against the US dollar amid tightening global trade tensions by President Donald Trump. With the increased capital inflows in the crypto market, Stellar (XLM), Hedera (HBAR), and Algorand (ALGO) post double-digit gains in the last 24 hours, outpacing the other top 100 cryptocurrencies. The technical outlook for the top performers suggests extended trendline breakout gains as the bullish momentum holds.