HYPE Smashes ATH While Bitcoin (BTC) Soars Past $107K – Bull Run Unleashed?
Crypto markets roar back as Bitcoin punches through $107,000 – and altcoin HYPE steals the show with a record-breaking surge.
The king wakes up
BTC''s 30% monthly tear leaves traditional assets eating dust. No ETFs, no halving hype – just pure institutional FOMO driving this rally.
Altcoin madness
While Bitcoin flexes, HYPE token''s 150% weekly explosion proves memecoins still rule the casino. ''Fundamentals'' remain optional when liquidity''s this loose.
Wall Street''s watching
Goldman traders reportedly scrambling to explain why their ''digital gold'' price targets got shattered before lunch. Meanwhile, crypto degens count their leverage longs.
This isn''t a drill – the bull market just went into overdrive. Whether it''s sustainable or another pump before the dump remains to be seen. After all, what''s a crypto cycle without a few liquidated hedge funds?
BTC Back to $107K
The previous business week also started in a positive manner for the primary cryptocurrency, which jumped past $110,000 on several occasions from Monday to Wednesday. However, it couldn’t penetrate that level for good and started to lose value in the process.
The most substantial rejection took place on Friday morning when BTC dumped from $108,500 to under $103,000 in minutes. The reason for this painful decline was Israel’s missile attack against Iran, in which over 70 people were killed.
Although Iran retaliated on Saturday morning and the attacks continued during the weekend, Bitcoin actually started to recover some ground. On Sunday, it tried to overtake $106,000 but failed at first before the bulls pushed it above that level and even north of $107,000 on Monday morning.
Its market capitalization has risen to $2.130 trillion on CG, while its dominance over the alts continues to stand tall at 61.5%.
HYPE Keeps Pumping
Ethereum has added roughly 5% of value in the past 24 hours and now trades well above $2,600 after testing the $2,500 support. XRP, BNB, DOGE, TRX, ADA, BCH, and LINK are also in the green, while SOL has emerged as the top gainer from the 10 largest alts. Solana’s token has jumped by over 8% and now trades above $155.
HYPE has done it again by charting another all-time high, this time, close to $45. HYPE is up by double-digits once again on a daily scale.
Other notable gainers include SUI, AVAX, UNI, TAO, ICP, AAVE, ONDO, and more. SPX and AB have surged from the top 100 alts.
The total crypto market cap has rocketed by $80 billion since yesterday and is up to $3.460 trillion on CG.
