Bitcoin\u2019s calm weekend didn\u2019t last long as the cryptocurrency skyrocketed to a new all-time high on Sunday evening and another one, well above $123,000, on Monday morning.<\/p>\n
Many altcoins have followed suit by marking impressive gains over the past day, including SUI, CRO, UNI, ALGO, and others.<\/p>\n
The past week proved why the cryptocurrency world is so interesting and unexpected. Recall that just less than seven days ago, the primary digital asset was confined in a tight range with an upper boundary of $110,000. Despite a few breakout attempts, it was unable to push through.<\/p>\n
That was until Wednesday evening. At the time, the bulls<\/a> finally managed to break that resistance and drove the asset to $112,000. That was just the beginning as BTC kept climbing and neared $119,000 by Friday.<\/p>\n Saturday was calm, with little to no reportable action, and so was most of Sunday. Yet, the landscape changed once again later during the day when bitcoin shot above $119,000 to set a new record<\/a>. Monday started with fresh gains as well, and the latest all-time high<\/a> stands at over $123,000 (on Bitstamp).\u00a0This means that BTC has added roughly $15,000 since last Wednesday.<\/p>\n <\/a>BTCUSD. Source: TradingView<\/p>\n The move to a new peak caught short traders off guard, and the total liquidations are up to $730 million. One particular whale stands out, as they were wrecked for almost $100 million on Binance.<\/p>\n <\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\n On the question of what could be driving today\u2019s surge, Redstone\u2019s Co-founder and COO, Marcin Kazmierczak, told us the following:<\/p>\n \u201cBitcoin\u2019s breakthrough past $120,000 today marks a significant psychological milestone, extending its impressive 28% year-to-date gain. The move follows President Donald Trump\u2019s decision to impose<\/a> a 30% tariff on the EU and Mexico, alongside growing institutional adoption through record ETF inflows.\u201d<\/p>\n Many alts have mimicked BTC\u2019s spectacular performance lately. Ethereum has reclaimed the $3,000 line following a 3% daily jump. BNB is above $700 after a 2% increase. SOL, DOGE, ADA, HYPE, TRX, and LINK have marked similar increases.<\/p>\n XRP<\/a> is close to $3 once again after a 6% daily pump. Even more impressive increases come from XLM, HBAR, AAVE, TAO, and ONDO. SUI, UNI, and CRO have charted double-digit gains.<\/p>\n The total crypto market cap has added more than $100 billion since yesterday and is up to almost $3.9 trillion on CG.<\/p>\n <\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n The post Single Trader Liquidated for $100 Million as Bitcoin Soars Past $123K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s calm weekend didn\u2019t last long as the cryptocurrency skyrocketed to a new all-time high on Sunday evening and another one, well above $123,000, on Monday morning. Many altcoins have followed suit by marking impressive gains over the past day, including SUI, CRO, UNI, ALGO, and others. BTC\u2019s Latest Peak The past week proved why […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80524","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524"}],"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=80524"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Alts in the Green<\/h2>\n
![<\/a>BTCUSD. Source: TradingView<\/p>\nThe move to a new peak caught short traders off guard, and the total liquidations are up to $730 million. One particular whale stands out, as they were wrecked for almost $100 million on Binance.<\/p>\n<\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\nOn the question of what could be driving today\u2019s surge, Redstone\u2019s Co-founder and COO, Marcin Kazmierczak, told us the following:<\/p>\n\u201cBitcoin\u2019s breakthrough past $120,000 today marks a significant psychological milestone, extending its impressive 28% year-to-date gain. The move follows President Donald Trump\u2019s decision to impose<\/a> a 30% tariff on the EU and Mexico, alongside growing institutional adoption through record ETF inflows.\u201d<\/p>\nAlts in the Green<\/h2>\nMany alts have mimicked BTC\u2019s spectacular performance lately. Ethereum has reclaimed the $3,000 line following a 3% daily jump. BNB is above $700 after a 2% increase. SOL, DOGE, ADA, HYPE, TRX, and LINK have marked similar increases.<\/p>\nXRP<\/a> is close to $3 once again after a 6% daily pump. Even more impressive increases come from XLM, HBAR, AAVE, TAO, and ONDO. SUI, UNI, and CRO have charted double-digit gains.<\/p>\nThe total crypto market cap has added more than $100 billion since yesterday and is up to almost $3.9 trillion on CG.<\/p>\n<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\nThe post Single Trader Liquidated for $100 Million as Bitcoin Soars Past $123K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s calm weekend didn\u2019t last long as the cryptocurrency skyrocketed to a new all-time high on Sunday evening and another one, well above $123,000, on Monday morning. Many altcoins have followed suit by marking impressive gains over the past day, including SUI, CRO, UNI, ALGO, and others. BTC\u2019s Latest Peak The past week proved why […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80524","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524"}],"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=80524"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/BTCUSD-13.png\"){kind=link}
![<\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\nOn the question of what could be driving today\u2019s surge, Redstone\u2019s Co-founder and COO, Marcin Kazmierczak, told us the following:<\/p>\n\u201cBitcoin\u2019s breakthrough past $120,000 today marks a significant psychological milestone, extending its impressive 28% year-to-date gain. The move follows President Donald Trump\u2019s decision to impose<\/a> a 30% tariff on the EU and Mexico, alongside growing institutional adoption through record ETF inflows.\u201d<\/p>\nAlts in the Green<\/h2>\nMany alts have mimicked BTC\u2019s spectacular performance lately. Ethereum has reclaimed the $3,000 line following a 3% daily jump. BNB is above $700 after a 2% increase. SOL, DOGE, ADA, HYPE, TRX, and LINK have marked similar increases.<\/p>\nXRP<\/a> is close to $3 once again after a 6% daily pump. Even more impressive increases come from XLM, HBAR, AAVE, TAO, and ONDO. SUI, UNI, and CRO have charted double-digit gains.<\/p>\nThe total crypto market cap has added more than $100 billion since yesterday and is up to almost $3.9 trillion on CG.<\/p>\n<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\nThe post Single Trader Liquidated for $100 Million as Bitcoin Soars Past $123K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s calm weekend didn\u2019t last long as the cryptocurrency skyrocketed to a new all-time high on Sunday evening and another one, well above $123,000, on Monday morning. Many altcoins have followed suit by marking impressive gains over the past day, including SUI, CRO, UNI, ALGO, and others. BTC\u2019s Latest Peak The past week proved why […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80524","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524"}],"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=80524"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-14-114334.png\"){kind=link}
![<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\nThe post Single Trader Liquidated for $100 Million as Bitcoin Soars Past $123K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s calm weekend didn\u2019t last long as the cryptocurrency skyrocketed to a new all-time high on Sunday evening and another one, well above $123,000, on Monday morning. Many altcoins have followed suit by marking impressive gains over the past day, including SUI, CRO, UNI, ALGO, and others. BTC\u2019s Latest Peak The past week proved why […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80524","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524"}],"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=80524"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80524\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-14-114642.png\"){kind=link}