Why did Bitcoin and Nvidia's market capitalization reach new historical highs despite unchanged interest rate expectations?Written by: Bright, Foresight News
On the morning of July 10, the secondary market for cryptocurrencies broke upward after a long period of consolidation. BTC broke through the 112,000 mark for the first time, setting a new historical high. Many altcoins also saw significant rebounds. Since reaching its previous high on May 22, BTC has undergone a correction and consolidated for nearly 7 weeks, with the lowest point touching 98,200 USD, and the recent high marking an increase of over 14.05% from that low. As of the time of this report, Bitcoin has temporarily retraced to 111,299 USD.
ETH has shown relative strength, recovering from a bottom of 2111 USD to break through to 2795 USD, just 85 USD shy of the recent peak in this rally, with an increase of over 32.4% during this period. SOL may have been sold off by market funds due to the cooling of on-chain Meme sentiment, barely recovering to after hitting a low of 121 USD.
DeepFlowTech·2025-07-10 07:15