BTCC / BTCC Square / Coindesk /
🚀 Bitcoin Smashes $111K – Inches From All-Time High as Ether Surges 6% in Crypto Market Frenzy

🚀 Bitcoin Smashes $111K – Inches From All-Time High as Ether Surges 6% in Crypto Market Frenzy

Author:
Coindesk
Published:
2025-07-09 19:48:49
19
2

Crypto markets erupt as Bitcoin flirts with record-breaking territory.


The Bitcoin Bull Run Isn’t Asking Permission

No slow climbs here—BTC just bulldozed past $111,000, leaving traditional assets eating dust. Meanwhile, Ether’s 6% leap leads altcoins in a rally that’s got Wall Street scrambling to justify their 2% bond yields.


Ether Flexes While Traders Chase Momentum

ETH’s double-digit percentage move isn’t just noise—it’s a reminder that smart contracts still own the narrative. DeFi blue chips and meme coins ride the wave, because nothing says 'healthy market' like speculative froth.


The Cynic’s Corner

Bankers: 'But the volatility!' Meanwhile, Bitcoin’s 2025 performance laughs at your 'diversified' portfolio. Next stop? ATH or brutal correction—because crypto never takes the boring exit.

Bitcoin 90-day and 360-day volatility (ByteTree)

"The setup for the next one is looking good," he said. "As I keep on saying, the quiet bulls are the best."

Joel Kruger, market strategist at LMAX Group, pointed to ether’s strength above key technical support levels and growing demand from long-only institutions betting on its future role in settlement infrastructure and asset tokenization.

That view was echoed by digital asset manager Bitwise's analysts, who named ETH as one of the "cleanest" token plays to bet on the red-hot tokenization trend, The Block reported.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users