🚀 Crypto Bulls Charge: Bitcoin, Solana & Ethereum Price Surge Forecast — Asia Market Watch July 11
Asian markets wake up to crypto fireworks as Bitcoin flirts with resistance levels while Solana and Ethereum show bullish divergence.
### Bitcoin: The Apex Predator Stretches Its Legs
BTC's consolidation pattern hints at an explosive move—traders are betting the house on a breakout above $60K. Meanwhile, institutional inflows hit a 3-month high (because nothing says 'safe haven' like volatile digital assets).
### Ethereum: The Smart Contract Juggernaut Awakens
ETH's network activity spikes as DeFi protocols report record TVL. Gas wars are back—proof that blockchain's 'efficiency revolution' still burns money like a Wall Street bonus party.
### Solana: The Speed Demon Outpaces Expectations
SOL's 20% monthly gain leaves competitors eating dust. NFT volumes surge—apparently the market still hasn't learned its lesson from Bored Apes 2.0.
*Final Take
*: While traditional markets yawn, crypto's relentless innovation (and speculative frenzy) proves money flows where the hype grows. Just remember: in this casino, the house always wins... until the blockchain replaces it.
Bitcoin's surge to new all-time high sparks $1 billion in short liquidations
Bitcoin (BTC) traded above 4% on Thursday after soaring to a new all-time high above $116,800. The rally, which appears to be leverage-driven, triggered over a $1 billion short-squeeze across the entire crypto market.
Solana Price Forecast: SOL jumps as BIT Mining plans to raise $300 million to establish SOL treasury
Solana (SOL) rose 4% on Thursday after crypto mining company BIT Mining (BTCM) announced a treasury shift to solana worth up to $300 million.
Ethereum Price Forecast: ETH tests $3,000 following strong ETF and treasury inflows
Ethereum (ETH) climbed above $2,900 on Thursday, mimicking the rally seen in Bitcoin. Amid the influence of the top cryptocurrency, strong buying pressure across ETH exchange-traded funds (ETFs) and crypto treasury companies have also pushed up ETH's price.