Crypto Market Explodes: Bitcoin Shatters $113K Barrier in Historic Rally

Digital assets surge across the board as Bitcoin leads unprecedented bull run

Breaking records and defying skeptics

The entire crypto landscape painted green today as Bitcoin smashed through the $113,000 barrier—marking one of the most aggressive rallies in digital asset history. Altcoins followed suit, posting double-digit gains while traditional finance veterans scrambled to explain the movement.

Market momentum builds unstoppable wave

Trading volumes hit unprecedented levels as institutional money flooded into major cryptocurrencies. Retail investors piled in behind, creating a feedback loop that pushed valuations into uncharted territory. The fear of missing out overpowered traditional risk assessments—because who needs fundamentals when numbers go brrr?

Traditional finance watches from sidelines

While Wall Street analysts debate whether this constitutes a bubble, crypto natives keep stacking gains. The old guard's cautious approach looks increasingly outdated as decentralized networks demonstrate real-world value capture. Another day, another reminder that betting against innovation rarely pays—unless you enjoy watching your conservative portfolio underperform meme coins.

This isn't just a rally—it's a fundamental shift in how the world views value storage. And for those still waiting for the 'correction'? The train's leaving the station.

Bitcoin Surge above $112k Level

At the time of writing this report, Bitcoin is up $113,978. This is up 1.51% from $112k which is as been consolidating for the past few days. The token even reached $114k with a break of structure during the new york season before retracing.

In addition to that, the token saw a 24% surge in trading activity over the same period. This is about $54 billion in volume, which leads to $2.26 trillion in market cap. 

Pump.fun Spikes up by 19% in 24 Hours

Pump.fun (PUMP) saw the most surge, 19.24% from the previous day, thanks to the massive 111% increase in activity during the trading period. 

Currently, PUMP is trading for $0.005588, after trading at a daily low of $0.004744 during the assassin season. It recorded $421 million in trading volume and $1.97 billion in market cap. 

Story IP Drops After Bullish Days

Not all altcoins are bullish, Story IP saw the most drop despite bullish sentiment. Meanwhile, the token has been spiking up for days, and even surged over 28% in the last 7 days. 

However, the token’s bullish run seems to be over as it’s down 6.24% today. Currently, it’s trading for $10.30 from a daily high of $10.98. Trading activity has also dropped by 24.6% to $331.87 million, which results in 6% drop in its market cap to $3.13 billion, according to data from CoinMarketCap.

Top Gainers & Losers

Market Sentiment

The Fear & Greed index is now at 43, which means investors have continued to remain neutral on their sentiment. Also the Altcoin Season Index is at 61%, meaning that investors are looking more into investing in bitcoin over altcoins.

Meanwhile, data from Coinglass shows that 129,810 traders were liquidated from their positions in the last 24 hours. That’s about $227 million in total. $72.31 million of that was from traders who bet on long positions, while $155.38 million came from short positions traders.

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