🚀 Bitcoin Smashes $123K as ADA & DOGE Surge 20%+ in Wild Crypto Week

Crypto markets go parabolic—again. Bitcoin just shattered records with a $123K price tag, while Cardano (ADA) and Dogecoin (DOGE) ripped double-digit gains like Wall Street bonuses after a bailout.

Bitcoin’s bull run leaves skeptics scrambling

The OG crypto isn’t just mooning—it’s colonizing Mars. Institutional FOMO meets retail frenzy as BTC’s latest ATH triggers liquidations and champagne orders in equal measure.

Altcoins join the party (with volatility)

ADA and DOGE aren’t just along for the ride—they’re stealing headlines with 20% weekly surges. Smart contract upgrades and meme magic? Either way, traders are cashing in while traditional finance pundits ‘wait for the bubble to pop.’ Spoiler: they’ve been saying that since 2013.

As leverage stacks up and Bitcoin ETFs hoover up supply, one thing’s clear: the market’s writing its own rules now. Banks can keep their 0.01% savings accounts—crypto’s playing a different game entirely.

Bitcoin Hits $123K High

Bitcoin is currently trading for $120,945 after hitting a new high of $123,258 on Monday morning. This rally started after it broke through a resistance level that had been holding it down at $110k. From that point, bitcoin rallied up over 11%.

With the Relative Strength Index (RSI) already reaching an overbought level of 87, the rally has begun to cool down today, and a slight price drop is observed. This means that the bulls have reached an extreme, and the bear might attempt a takeover. This is expected because when a price reaches a new all-time high, it tends to drop as investors take profit. However, such retracements are often short-lived due to the bullish sentiment in the market. 

ADA Continues Weekly Surge Today

Cardano (ADA) also saw massive gains over the weekend, with over 27% in the past week. At the time of writing, the token is trading for $0.74, down just $0.35 today from a weekly low of $0.58.

Trading activity is also going crazy, with over 19% recorded in volume over the past day to $1.78 billion, and a market cap of $26 billion, according to CoinMarketCap.

DOGE Retest Key Support Level

DOGE has also rallied by 20% after tapping off a support zone at $0.13 on June 22. Currently, the price is at $0.2021. This is just a 0.38% surge from an intraday low of $0.1962 after seeing major gains over the weekend.

Trading activity is up by an incredible 89% today alone to $2.54 billion with a market cap of over $30 billion, based on data from CoinMarketCap.

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