Bitcoin Hits New High, Eyes $125K; DOGE +230%, XRP +30%
Bitcoin soared to a fresh all-time high near $119,000, driven by Fed rate-cut expectations, rising ETF inflows and institutional demand. Technical analysts point to a rectangle breakout that could lift BTC to $125,000 in Q3 and even $500,000–$1 million by 2030. The rally sparked a broad altcoin surge: Ethereum jumped 7.5% to test $3,000 highs with forecasts for $3,200, Solana and Cardano gained 4.1% and 15.2%, respectively, while XRP and BNB climbed 7.1% and 2.7%. Meme tokens also rallied, with PEPE up 14.4% and HYPE +10.2%. Dogecoin rebounded off its 200-week EMA, eyeing a potential 230% rally to $0.48. Analysts see continued upside for ETH, SOL and XRP once Bitcoin volatility cools. In presale news, Bitcoin Hyper (HYPER) launched a non-custodial Layer 2 with Solana VM compatibility, enabling wrapped BTC for DeFi, dApps and NFTs.
Bullish
Breaking all-time highs near $119K and technical signals pointing to $125K in Q3, combined with strong ETF inflows and institutional demand, solidify a bullish outlook for Bitcoin. The spillover rally across altcoins—ETH, SOL, ADA, XRP and BNB—alongside explosive memecoin gains and positive Dogecoin and XRP forecasts, underscores heightened risk appetite. Short-term traders can capitalize on breakout momentum, while long-term holders have bullish targets up to $500K–$1M. The HYPER presale adds a new DeFi opportunity, further reinforcing market optimism.