News View Non-AMP

Bitcoin Hits $118K! Ethereum, Solana, XRP Price Rally, Cardano Leads Altcoin Surge

Published by
Vignesh S G and Qadir AK

The crypto market is flashing green across the board. In the last 24 hours, almost all top cryptocurrencies, including Bitcoin, Ethereum, XRP, BNB, Solana, and Cardano, have seen impressive gains.

Bitcoin Hits $118K: Bull Market Back?

On July 10, 2025, Bitcoin surged to a new all-time high of $118,397, triggering fresh optimism in the market. This breakout is widely seen as a risk-on signal, with analysts suggesting it may drive capital rotation into top altcoins.

Rick Maeda, a leading crypto analyst, says Bitcoin’s momentum could inject liquidity into the broader altcoin market. Historically, BTC rallies often kickstart a second wave of gains in coins like Ethereum and Solana.

Altcoins Wake Up: ETH, SOL, ADA Post Strong Gains

In just 24 hours:

  • Ethereum (ETH) is up 7.5%
  • XRP has gained 7.1%
  • BNB increased by 2.7%
  • Solana (SOL) rose 4.1%
  • Cardano (ADA) jumped 15.2%

Ethereum is now testing its 2024 highs near $3,000, with a 17.48% rally in the past four days, reaching $2,986.25. Solana also recorded a strong 10.21% rise over the same period, now priced at $164.02.

Mid-cap tokens are also rallying. Memecoins like Pepe rose 14.4%, and HYPE surged 10.2%, showing early signs of a broader altcoin breakout.

Ethereum Leads the Altcoin Charge

Analysts agree: Ethereum is poised to benefit the most from this market uptrend.

Boosted by strong ETF inflows and increased institutional interest, ETH has outperformed BTC over the past week with a 17.2% gain.

  • BTSE COO Jeff Mei predicts ETH could hit $3,200 soon.
  • LVRG Research’s Nick Ruck adds that ETH, SOL, and XRP could surge once Bitcoin’s volatility cools off.

With BTC hitting new highs and capital rotating into altcoins, the crypto market could be entering the next stage of the 2025 bull run.

FAQs

How is the crypto market doing today?

Today, July 11, 2025, the crypto market is performing very strongly. Bitcoin hit a new all-time high above $118,000, boosting total crypto market capitalization past $3.65 trillion. Most major cryptocurrencies are seeing impressive gains, with trading volumes surging over 47% in 24 hours.

Will the Bitcoin price rally sustain this month, July 2025?

The Bitcoin rally is showing strong signs of sustainability for July 2025, driven by record ETF inflows ($1.18B on July 10), macro tailwinds like potential Fed rate cuts, and supportive policies from the Trump administration. Some analysts predict BTC could reach $122,000–$125,000 by mid-July.

How high can Bitcoin price go in 2025?

Bitcoin price predictions for 2025 vary, but many analysts are bullish. Forecasts range from an average of $109,046 (Changelly) to over $200,000 (Standard Chartered, Bernstein). Some, like Charles Hoskinson, are even forecasting a $250,000 price target by year-end 2025.

Vignesh S G and Qadir AK

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

Recent Posts

Can CPI Rates Drive Market Sentiment-Bitcoin and Altcoins Poised for a Massive Price Action

The latest U.S. inflation data has given markets a fresh wave of optimism. The August…

September 12, 2025

Solana Price Prediction: Why New Crypto Investors Are Betting Big On Remittix Over Solana In September

Solana Price Prediction is among the most discussed topics this September given that the blockchain…

September 11, 2025

EVEDEX Launches Farming Season with Double XP Rewards Following Beta Mainnet Rollout

Decentralized exchanges (DEXs) have evolved rapidly in recent years, but very few manage to blend…

September 11, 2025

Why New Crypto Investors Favour Backing Layer Brett Over Solana In September

The crypto cycle is heating up for September, but not all projects are coming along…

September 11, 2025

Cardano Price Prediction: ADA Price Set To Drop Under $0.50 In 2026, Here Are Some Alternatives

The Cardano price prediction for 2026 has many traders worried. Analysts warn that ADA could…

September 11, 2025

Ethereum News Today; Cardano Price Forecasts & Which Are The Best Cryptos To Buy Now

Ethereum news today highlights strong ETF interest and infrastructure upgrades, while Cardano price is calling…

September 11, 2025