đ Bitcoin Smashes $111K Barrier â Inches From All-Time High as Ether Soars 6% in Crypto Market Frenzy
Bitcoin just bulldozed past $111,000âflirting with uncharted territory as the king of crypto teases a historic breakout. Meanwhile, Etherâs 6% surge leads the altcoin charge, leaving traditional finance clutching their spreadsheets.
### The Bull Run Nobody Saw Coming (Except Crypto Twitter)
Markets woke up to a green tsunami as Bitcoinâs relentless rally defies gravityâand Wall Streetâs "bubble" narratives. Etherâs outperformance hints at DeFiâs quiet resurgence, while memecoins⌠well, theyâre still memecoins.
### Traders vs. HODLers: The $111K Standoff
With Bitcoin breathing down the neck of its ATH, leverage traders are sweating while long-term holders smugly recycle "number go up" memes. Analysts whisper "parabolic," exchanges brace for volatilityâand your uncle asks if itâs too late to buy.
### The Cynicâs Corner
Meanwhile, goldbugs and bank CEOs blame "speculative fever" between yacht-shopping trips. Newsflash: your 2% bond yields lost this war in 2021.

"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 etherâs 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.