Yesterday\u2019s breakthrough to $112,000 was not a one-time thing, as the primary cryptocurrency has initiated another leg up in the past few hours and tapped a fresh peak at well over $113,000.<\/p>\n
Many altcoins have produced notable gains over the past 24 hours as well, with ETH climbing above $2,800 and DOGE shooting up by over 5.5%.<\/p>\n
<\/a>BTCUSD. Source: TradingView<\/p>\n BTC was stuck in a consolidation phase for weeks, with a lower boundary at $105,000 and an upper one at $110,000. However, the asset finally showed early signs of a potential breakthrough yesterday following Trump\u2019s call<\/a> for the Fed to reduce the interest rate by a historic percentage.<\/p>\n This time, the $110,000 barrier couldn\u2019t contain bitcoin, and the asset blasted<\/a> through it with ease yesterday, popping up to a new all-time high at $112,000 amid growing demand<\/a> from US investors.<\/p>\n It retraced slightly today, but the bulls went back on the offensive hours ago, pushing the cryptocurrency to a new peak of over $113,000.<\/p>\n With many altcoins posting impressive price increases over the past 24 hours, it\u2019s no wonder that the overall liquidations within that timeframe have marked a multi-week high of $600 million.<\/p>\n Naturally, shorts are responsible for the lion\u2019s share, including this single position<\/a> where a mysterious whale was wrecked for over $51 million.<\/p>\n In the past hour alone, the liquidations have topped $80 million as BTC and most alts started to regain traction.<\/p>\n <\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\n The post Bitcoin Blasts to New ATH Above $113K, Leaving $600M in Liquidations<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Yesterday\u2019s breakthrough to $112,000 was not a one-time thing, as the primary cryptocurrency has initiated another leg up in the past few hours and tapped a fresh peak at well over $113,000. Many altcoins have produced notable gains over the past 24 hours as well, with ETH climbing above $2,800 and DOGE shooting up by […]<\/p>\n","protected":false},"author":0,"featured_media":79808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79807"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79807"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/79808"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>BTCUSD. Source: TradingView<\/p>\nBTC was stuck in a consolidation phase for weeks, with a lower boundary at $105,000 and an upper one at $110,000. However, the asset finally showed early signs of a potential breakthrough yesterday following Trump\u2019s call<\/a> for the Fed to reduce the interest rate by a historic percentage.<\/p>\nThis time, the $110,000 barrier couldn\u2019t contain bitcoin, and the asset blasted<\/a> through it with ease yesterday, popping up to a new all-time high at $112,000 amid growing demand<\/a> from US investors.<\/p>\nIt retraced slightly today, but the bulls went back on the offensive hours ago, pushing the cryptocurrency to a new peak of over $113,000.<\/p>\nWith many altcoins posting impressive price increases over the past 24 hours, it\u2019s no wonder that the overall liquidations within that timeframe have marked a multi-week high of $600 million.<\/p>\nNaturally, shorts are responsible for the lion\u2019s share, including this single position<\/a> where a mysterious whale was wrecked for over $51 million.<\/p>\nIn the past hour alone, the liquidations have topped $80 million as BTC and most alts started to regain traction.<\/p>\n<\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\nThe post Bitcoin Blasts to New ATH Above $113K, Leaving $600M in Liquidations<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Yesterday\u2019s breakthrough to $112,000 was not a one-time thing, as the primary cryptocurrency has initiated another leg up in the past few hours and tapped a fresh peak at well over $113,000. Many altcoins have produced notable gains over the past 24 hours as well, with ETH climbing above $2,800 and DOGE shooting up by […]<\/p>\n","protected":false},"author":0,"featured_media":79808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79807"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79807"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/79808"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/BTCUSD-7.png\"){kind=link}
![<\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\nThe post Bitcoin Blasts to New ATH Above $113K, Leaving $600M in Liquidations<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Yesterday\u2019s breakthrough to $112,000 was not a one-time thing, as the primary cryptocurrency has initiated another leg up in the past few hours and tapped a fresh peak at well over $113,000. Many altcoins have produced notable gains over the past 24 hours as well, with ETH climbing above $2,800 and DOGE shooting up by […]<\/p>\n","protected":false},"author":0,"featured_media":79808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79807"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79807"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/79808"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-10-200132.png\"){kind=link}