😃 Bitcoin Shatters $123,000! (And Isn't Done Yet)

Plus, why ETH and XRP have hit $3K and $3 on this latest run.

Happy Monday!

Bitcoin has smashed its all-time high yet again with a new high water mark just above $123,000: how high can king crypto go?

Cryptocurrencies across the board are surging again on Monday and investors are asking themselves: what is driving this sudden violent leg up?

Plus, join us on Thursday, July 17 for an insightful webinar with Nishank Modi, Senior Director of Cboe Labs, as we dive into the current state of the cryptocurrency market—exploring key trends, regulatory developments and what’s shaping the digital asset space today.

Don’t miss this opportunity to stay informed and explore the future of crypto with Cboe. Register now.

TOP STORY

Bitcoin surged to a fresh all-time high of $123,231 on Coinbase on Monday morning, capping off a historic week that saw digital asset investment products record $3.7 billion in inflows.

This was the second-largest weekly total ever, according to CoinShares data, with the rally pushing total assets under management for crypto exchange-traded products to a record $211 billion.

What’s coming next in this rally?

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Join us on Thursday, July 17 for an insightful webinar with Nishank Modi, Senior Director of Cboe Labs, as we dive into the current state of the cryptocurrency market—exploring key trends, regulatory developments and what’s shaping the digital asset space today.

Don’t miss this opportunity to stay informed and explore the future of crypto with Cboe. Register now.

This is a paid ad. Please see 17b disclosure here for more information.

QUICK N DIRTY

XRP is surging and has tapped $3 for the first time since January: can it make a new all-time high on this run?

Donald Trump’s ‘Big Beautiful Bill’ was a boost for Bitcoin’s breakout, according to analysts at 10x Research — here’s why.

Dogecoin and Shiba Inu are exploding higher as well and have both recorded double-digit percentage gains over the past week: is it time for another memecoin season?

FINTECH FOCUS

Cryptocurrency markets are off to a blazing start on Monday morning, with Bitcoin making a new all-time high above $123,000.

CoinBureau co-founder Nic Puckrin has highlighted the importance of Bitcoin breaching a 7-year-long monthly resistance trendline, which acted as the ceiling in past bull markets dating back to 2018.

But what is driving this sudden bullish surge?

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