Bitcoin $124K ATH, ETH $4.7K & Altcoins Rally Ahead of Trump-Putin Meeting
Bitcoin climb reach new all-time high of $124,500 dis week before e fall back to around $118,000 after surprise spike for U.S. July PPI data and nearly $1 billion for liquidations. Ethereum climb reach four-year peak above $4,700, but e no reach im record $4,900, while BNB top $865. Other big gainers na SOL, HYPE, LINK and ADA as dem start dey move towards altseason as BTC dominance fall below 58%. Market cap dey $4.11 trillion wit $236 billion for 24-hour volume and BTC dominance dey 57.5%. Key headlines: MicroStrategy add 155 BTC ($18 million) and Metaplanet acquire 518 BTC ($61 million); Do Kwon admit say e guilty for Terraform collapse and e go lose $19 million; Coinbase don finalize e Deribit acquisition; Ethereum exit queue don grow to 808,880 ETH ($3.7 billion). Traders dey wait for today Trump-Putin meeting for fresh volatility signs.
Bullish
Bitcoin break im July ATH and Ethereum push go multi-year high alongside record BNB levels dey show say strong bullish momentum dey and altseason dey spread more. History patterns talk say new highs dey attract more investment and media attention, wey dey make more money enter market. Even though high PPI data and geopolitical risks (Trump-Putin meeting) fit cause short-term wahala, market near-term trend still dey upward as dominance dey shift to altcoins and institutional buyers dey keep amass. This one mean say both short-term trading opportunities dey for volatility and long-term bullish position dey for major cryptocurrencies.