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  • Decred defies market downtrend, jumps to 4-year high: analysts see path to $100

    Decred defies market downtrend, jumps to 4-year high: analysts see path to $100

    Decred Price Bullish

    • Decred price jumped to highs of $65 before paring gains to a key support level.
    • Gains came as privacy coins Zcash and Dash also spiked to the defy broader market dump.
    • DCR could target $100 next after hitting the four-year highs.

    As top coins slip to or below key levels, Decred (DCR) and a few others have bucked the trend with notable spikes.

    The widespread cryptocurrency market slump has seen Bitcoin, Ethereum, and XRP fall sharply, yet Decred is soaring to heights not witnessed since 2021. All this comes as Zcash and Dash stand out amid the ongoing resurgence of privacy-focused assets.

    Decred jumps to 4-year high of $65

    Decred’s price exploded more than 150% in 24 hours to touch a four-year peak above $65, with this coming amid a broader crypto downturn.

    The breakout follows bulls decisively breaching the resistance of a long-term falling wedge, with $40 a key level that allowed DCR to hit highs of $65.78. While the pattern remains in place on the longer term time frame, a little paring of gains has Decred price near $40 and risking profit taking flip.

    What fueled the early Tuesday surge was a staggering increase in trading volume, which skyrocketed over 1,100% to over $172 million. It offered a glimpse of the sharp buyer interest in the coin as privacy coins see traction.

    Zcash, Dash also surge

    Decred’s gains mirrored a broader revival in the privacy coin sector, where Zcash (ZEC) and Dash (DASH) have recently defied bears. In October, Zcash and Dash both rose to key levels, the ZEC spike seeing the altcoin hit 7-year highs.

    While Zcash has been the frontrunner in this pack, privacy coins such as DASH, Railgun, Horizon, Tornado Cash, and Verge have notched gains.

    Can Decred price go to $100 next?

    What privacy coins’ collective rally speaks to is a market rotation, with assets offering financial anonymity and robust fundamentals attractive.

    In this case, Decred stands out for its hybrid proof-of-work and proof-of-stake model, which emphasizes decentralized governance and enhanced security.

    The project recently highlighted its privacy credentials, noting non-custodial peer-to-peer mixing with post-quantum encryption. Users can mix coins while staking for untraceable histories and anonymous governance.

    Also key is DCR’s finite 21 million coin cap, pointing to a potential supply shock as holdings on exchanges like Binance continue to decline.

    Analyst Captain Faibik pointed to a potential spike in DCR price.

    While currently trading at $40.24, Decred still has potential for strong upward momentum.

    However, bulls have to show they are firmly in control by maintaining support above the $40 level. This could pave the way for further gains, potentially targeting $70 or beyond. Bulls hitting $65 means a fresh rally could bring $100 into play.

    On the flipside, $32 and $25 could be key demand reload zones.

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  • Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court

    Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court

    Madras High Court rules cryptocurrency is a “property”

    • Madras High Court confirms crypto can be owned and held in trust.
    • WazirX has been barred from redistributing investors’ unaffected XRP holdings.
    • Ruling strengthens investor rights and Web3 governance in India.

    In a landmark ruling that could reshape cryptocurrency in India, the Madras High Court has declared that cryptocurrencies qualify as property under Indian law.

    The Court’s decision, delivered by Justice N. Anand Venkatesh, affirms that cryptocurrencies can be owned, held in trust, and protected as legal property — a major step in clarifying the legal status of digital assets in the country.

    Cryptocurrency in India now recognised as property

    The case arose from a petition by an investor whose 3,532.30 XRP coins were frozen after a cyberattack on WazirX, one of India’s largest cryptocurrency exchanges.

    In July 2024, the platform suffered a $234 million hack involving Ethereum and ERC-20 tokens.

    While the investor’s XRP holdings were not part of the stolen assets, WazirX sought to redistribute all users’ funds under its so-called “socialisation of losses” plan.

    Justice Venkatesh firmly rejected the proposal, ruling that each investor’s digital holdings are individual property and cannot be diluted or redistributed to cover exchange losses.

    He emphasised that cryptocurrencies, though intangible, possess all the essential attributes of property — they are identifiable, transferable, and exclusively controlled through private keys.

    “It is not a tangible property nor is it a currency,” the judge observed. “However, it is a property, which is capable of being enjoyed and possessed in a beneficial form.”

    This interpretation grants digital asset holders stronger legal standing, ensuring that their cryptocurrencies are recognised as assets protected under Indian law.

    Jurisdiction and investor protection

    The Court also settled questions over jurisdiction, dismissing WazirX’s argument that Singaporean arbitration rules applied because its parent company, Zettai Pte Ltd, is based in Singapore.

    Justice Venkatesh cited the Supreme Court’s earlier decision in PASL Wind Solutions Pvt Ltd v. GE Power Conversion India Pvt Ltd (2021), noting that Indian courts have authority over assets located within India.

    Because the investor’s transactions originated from Chennai and involved an Indian bank account, the Court confirmed that the case fell squarely under Indian jurisdiction.

    The court further highlighted that Zanmai Labs Pvt Ltd, which operates WazirX in India, is registered with the Financial Intelligence Unit (FIU) — unlike its foreign parent company or Binance.

    This distinction reinforced that Indian exchanges operating domestically are subject to Indian oversight and accountability, particularly in protecting user assets and maintaining transparent custodial practices.

    Strengthening Web3 governance

    Justice Venkatesh’s decision went beyond individual relief to call for higher standards of corporate governance in the Web3 and crypto sectors.

    He urged exchanges to maintain separate client funds, conduct independent audits, and uphold robust KYC and anti-money laundering controls.

    These measures, the Court noted, are vital for building trust in the digital economy and protecting consumers from future mishandling of assets.

    Legal experts hailed the judgment as a milestone in developing “crypto-jurisprudence” in India.

    Vikram Subburaj, CEO of Indian exchange Giottus, described it as a foundational moment that signals to all market participants — exchanges, users, and regulators — that the digital asset space will be held to strong standards of governance and protection.

    A foundation for India’s crypto future

    The Court’s ruling not only protects the rights of individual investors but also strengthens the broader regulatory framework around digital assets.

    By recognising cryptocurrency as property, the judgment fills a crucial legal gap in a country where tax enforcement on crypto remains strict, but investor protections have lagged.

    As Justice Venkatesh wrote, courts now serve as the “central stage where the future of digital value is debated.”

    Through this ruling, the Madras High Court has given India a clearer picture of ownership, responsibility, and trust in the age of decentralisation.

    With cryptocurrency in India now firmly recognised as property under Indian law, the decision marks a turning point for the country’s digital asset ecosystem — affirming that in India, crypto holdings are not just speculative instruments but protected assets under the law.

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  • Bitcoin shatters all-time high, surging past $125,000

    Bitcoin shatters all-time high, surging past $125,000

    Bitcoin shatters all-time high, surging past $125,000

    • Bitcoin has surged to a new all-time high, surpassing $125,750.
    • The rally follows a volatile September, with Bitcoin soaring over 9% in October.
    • The key $120,000 level has been successfully turned into a support base.

    The king of crypto has reclaimed its crown in a stunning display of power and resilience.

    Bitcoin has shattered its previous all-time high, blasting past the monumental $125,000 barrier in a powerful surge that signals the triumphant return of the bulls.

    The record-breaking performance, which saw the cryptocurrency touch a staggering 125,750 dollars in early Sunday trading, is a defiant roar from a market that has shaken off the blues of a volatile September and is now charting a bold new course.

    A fortress at $120,000: The anatomy of a breakout

    This is not a random surge; it is a rally built on a powerful technical foundation.

    The latest milestone comes after the market successfully defended the critical 120,000 dollar level, transforming what was once a ceiling of resistance into a solid floor of support.

    This successful conversion was the final piece of the puzzle, the technical green light that has paved the way for this powerful new leg higher and reinforced investor confidence in the cryptocurrency’s long-term prospects.

    The powerful upswing, which has seen Bitcoin’s value soar by over 9 percent in October alone, is a testament to the asset’s growing acceptance and its remarkable ability to rebound from periods of turbulence.

    A flight to safety, a bet on debasement

    The rally is not happening in a vacuum. It is being fueled by a potent cocktail of macroeconomic uncertainty and a growing narrative that the value of traditional fiat currencies is being eroded.

    The ongoing US government shutdown has injected a deep sense of instability into the global financial system, a chaos that appears to be driving investors toward alternative stores of value.

    This “dollar debasement narrative” is not just lifting Bitcoin; its effects are visible across the safe-haven spectrum.

    Spot gold also advanced on Friday to 3,876.55 dollars per ounce, lifting its weekly gain to over 2 percent in a powerful parallel move.

    “With many assets including equities, gold and even collectibles like Pokemon cards hitting all time highs, it’s no surprise Bitcoin is benefiting from the dollar debasement narrative,” said Joshua Lim, co-head of markets at the crypto prime brokerage firm FalconX, in a statement to Bloomberg.

    As the world grapples with a new era of economic uncertainty, Bitcoin is once again making its case as a viable and powerful alternative.

    The king is back on his throne, and the market is watching with bated breath to see just how high his new reign will take him.

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  • Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    • Bitcoin has broken above the key $120,000 level for the first time since August.
    • The rally is fueled by renewed optimism about macroeconomic tailwinds.
    • BTC futures open interest has hit a record high of $32.6 billion.

    The bulls are back in charge. Bitcoin has shattered the critical $120,000 resistance level, surging to a height not seen since mid-August as a powerful wave of optimism sweeps through the market.

    The breakout, which follows a steady five-day climb, signals that traders are decisively positioning for a bullish final quarter of the year, undeterred by the political chaos unfolding in Washington.

    This is a rally built on both renewed macroeconomic hope and a powerful internal market dynamic.

    In the derivatives market, the conviction is palpable, with open interest in BTC futures soaring to a new record high of $32.6 billion, a clear sign that traders are placing big bets on further upside.

    A short squeeze in the making?

    Beneath the surface of this bullish momentum, a potentially explosive setup is taking shape.

    On-chain analyst Skew has noted that even as open interest soars, a significant number of short positions are also piling up.

    This creates the perfect conditions for a “short squeeze,” a violent upward price move that is triggered when a rising price forces a cascade of short-sellers to buy back their positions, adding even more fuel to the rally’s fire.

    The shutdown factor: a crisis becomes a catalyst

    Ironically, the political crisis in the United States may be a key catalyst for the market’s renewed optimism.

    The ongoing government shutdown has injected a dose of profound uncertainty into the economic picture, a chaos that traders seem to believe will ultimately benefit risk assets like Bitcoin.

    Treasury Secretary Scott Bessent warned on Thursday that the shutdown could have a real and damaging impact.

    “We could see a hit to the GDP, a hit to growth and a hit to working America,” he told CNBC.

    This economic weakness, coupled with the fact that the Federal Reserve will be deprived of a fresh jobs report, makes an interest rate cut at the end of this month all but a certainty.

    The flip from skeptic to believer

    The sheer strength of the recent advance has been enough to turn even the skeptics into believers.

    Paul Howard, a senior director at the crypto trading firm Wincent, admitted he had been skeptical about a rebound earlier in the week, but the market’s relentless climb has changed his mind.

    “With $BTC trading back at levels last seen in mid-July, the total market cap is once again above $4 trillion,” he noted.

    We have seen a slow grind higher breaking above $115,000, indicating we are now more likely to stay above this level, with a CME gap to lock in the floor at $110,000.

    His conclusion is now as bullish as the market’s momentum. “I believe we are now set to see a sustained rally above $120,000 in the coming weeks,” he added.

    The quiet days of late September are over, and the battle for the next leg higher has begun.

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  • Bitcoin remains under pressure as gold targets a new all-time high

    Bitcoin remains under pressure as gold targets a new all-time high

    Bitcoin remains under pressure as gold targets a new all-time high

    • Bitcoin’s rally attempt fails as it retreats to below 112,000 dollars.
    • Gold continues its quiet but powerful climb, nearing its all-time high.
    • In August, gold is up nearly 4 percent while Bitcoin has fallen over 5 percent.

    A hopeful rally in the cryptocurrency market was decisively crushed on Thursday, as steady selling pressure throughout the US trading session sent prices into a familiar retreat.

    The failed bounce underscores a growing sense of fatigue in the digital asset space and throws a stark and revealing light on the silent, powerful ascent of its analog rival: gold.

    After a brief flirtation with the 113,000 dollar level, Bitcoin (BTC) was beaten back, sinking to 111,800 late in the session for a loss of 0.7 percent over the past 24 hours.

    The selling was even more pronounced in other major tokens, with Ether (ETH) and XRP shedding a more sizable 2.1 percent and 1.4 percent, respectively.

    The one notable bright spot in a sea of red was Solana’s SOL, which managed to buck the trend with a respectable 3.1 percent gain.

    A silent ascent to the summit

    While the crypto market grapples with its own inertia, a different story is unfolding in the world of precious metals.

    Quietly, but with unshakable conviction, gold has been on the rise. The yellow metal added another 0.8 percent on Thursday, climbing to 3,477 dollars per ounce.

    This puts the safe-haven asset just a few dollars shy of the record high of 3,534 dollars it touched earlier this month.

    The performance in August paints an even more dramatic picture of this great divergence: while Bitcoin has slid 5.2 percent, gold has rallied by nearly 4 percent.

    The great disconnect

    This decoupling is the great mystery currently haunting the market.

    The very same macroeconomic tailwinds that are propelling gold higher—namely, the prospect of lower interest rates and a weaker US dollar—are conspicuously failing to ignite any significant bid for “digital gold.”

    The fundamental case for Bitcoin as an inflation hedge and a store of value is being put to a severe test, and for now, it is failing.

    A September showdown looms

    The stage is now set for a potentially volatile final four months of the year.

    The resumption of Federal Reserve rate cuts appears to be firmly on the table for September, a move that could be amplified by President Trump’s appointment of one or possibly two new, likely dovish, members to the Fed’s board.

    As these powerful forces converge, the market is watching to see if Bitcoin can finally catch the golden tailwind or if its strange and troubling disconnect is a sign of a deeper malaise.

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  • Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

    Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

    Hyperliquid Price

    • Hyperliquid price jumped to a new all-time high above $51.
    • The token broke higher as HYPE bulls held above a major ascending trendline.
    • While price is down 4% from the ATH and hovers near 48, analysts predict further gains.

    Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51.

    But can bulls hold prices above a key trendline and enter price discovery?

    Hyperliquid pares gains after bulls reach new ATH

    HYPE has been on a tear, climbing to an all-time high of $51.07 on August 27, 2025, fueled by a slight crypto market bounce that saw Bitcoin flip to above $113k from under $110k.

    The gains came as stocks edged higher ahead of Nvidia earnings, and then futures surged after the AI chip giant posted a revenue beat.

    With weekly gains exceeding 18%, Hyperliquid outpaced many top cryptocurrencies and stormed to its new ATH.

    Having captured the crypto market’s attention with spot volumes hitting daily peaks above $3.5 billion, HYPE token’s price jumped more than 17% in the past week.

    This saw the 16th-ranked altcoin hit highs of $51 across major exchanges.

    CoinGecko data shows the altcoin’s price managed a 1,174% rally from its all-time low of $3.81 reached in November 2024.

    Whales are aggressively buying HYPE.

    On-chain activity, with Hyperliquid’s decentralised exchange recording new highs in daily trading volume and fees, helped bulls.

    Institutional adoption, highlighted by spot exchange-traded fund anticipation and support by BitGo and Anchorage Digital Bank, has been a key catalyst.

    Hyperliquid price forecast: Is $100 next for HYPE?

    The broader crypto market bounce, with Cronos (CRO) jumping on Trump Media news, also helped HYPE drive higher.

    Analysts now say Hyperliquid price could extend gains in the coming months, with bulls likely to see triple-digit moves as they eye $100 and higher.

    However, HYPE has pulled back slightly, with profit-taking currently seeing the token hover above $48.

    Despite the pullback, market sentiment remains optimistic, supported by Hyperliquid’s dominance in the decentralised perpetuals market.

    HYPE chart by TradingView

    The daily chart above shows the technical outlook for HYPE is largely bullish as the token holds above a key ascending trendline.

    It signals sustained buyer demand, with the Relative Strength Index (RSI) above 57 to suggest that momentum favours the bulls.

    The daily MACD also shows a bullish crossover, with the histogram’s green bars strengthening.

    If HYPE regains upside traction, analysts believe it could enter price discovery mode, potentially targeting $100 in the coming months.

    As noted, a broader market downturn could push HYPE toward support levels, with demand reload zones around $42 and then $30.

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  • Ontology price skyrockets 55% to hit six-month high

    Ontology price skyrockets 55% to hit six-month high

    • Ontology price rose more than 50% to lead the top gainers across crypto.
    • The altcoin gained as Bitcoin and Ethereum dropped, with the ONT price hitting a six-month high.
    • ONT could retreat amid profit-taking.

    Ontology has defied broader crypto dumping to skyrocket more than 55% to highs near $0.22, hitting its highest level in six months.

    The uptick for Ontology (ONT) comes as the cryptocurrency market witnesses a significant uptick in sell-off pressure, with Bitcoin dropping to under $112k and Ethereum giving up gains after a new all-time high.

    But as these top headline makers struggle, ONT is grabbing most attention amid its 55% price surge.

    Ontology price spikes 55% to 6-month high

    Ontology (ONT) has seen a remarkable 55% price surge, reaching an intraday peak of near $0.22, its highest level in six months.

    The altcoin traded at lows of $0.13 in the morning session, but marched higher to reach levels seen at the start of February 2025.

    With trading volume soaring by over 4,600% to more than $337 million, Ontology price stands out as one of the outperformers on the day.

    As BTC and ETH pare gains, Ontology’s 24-hour gains come amid heightened activity around the decentralised identity protocol’s native token.

    Mainstream adoption of artificial intelligence and blockchain has Ontology’s infrastructure for decentralised identity and data privacy, drawing significant interest.

    The project’s focus on regulatory compliance for digital identity solutions and blockchain interoperability is a key cog in its adoption curve.

    Analysts predict ONT could benefit from this outlook to target more gains.

    Ontology price forecast: What’s the technical picture?

    The price of Ontology breaking out as the rest of the market fights to hold onto recent gains suggests holders may have to deal with incoming downside pressure.

    ONT going vertical will welcome a pullback, likely to a demand reload zone.

    However, open interest in ONT has increased by over 617% to nearly $60 million.

    This indicates trader confidence and speculative interest amid the token’s upward trajectory.

    Ontology’s price outlook as open interest rises, combined with high trading volumes, suggests a potential bullish continuation.

    Ontology Price Chart
    ONT price chart by TradingView

    From a technical perspective, ONT is trading Relative Strength Index (RSI) on the daily chart at 81.

    RSI at these levels shows the asset firmly in the overbought territory and thus leaning toward a reversal.

    The Moving Average Convergence Divergence (MACD), however, shows a bullish crossover, indicating bulls have the upper hand and that a sustained rally may yet unfold if a retest allows buyers to establish a footing at key support levels.

    On the daily chart, these areas lie around $0.20 and $0.17.

    On the flipside, a break above $0.27 will allow buyers to aim for $0.40.

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  • OKB price hits new all-time high amid a 50% spike

    OKB price hits new all-time high amid a 50% spike

    OKB Price Skyrockets To New All Time High

    • OKB price rose 50% to hit a new all-time high of $195.
    • The altcoin is outpacing peers as investors react to tokenomics changes.
    • OKB is seeing traction as altcoins bid to break higher.

    OKB, the native token of the OKX exchange, has soared to a new all-time high of $195, with intraday gains of over 50% catapulting the altcoin to the new ATH.

    OKB’s price surge has also come amid a significant spike in daily volume, with market data showing the OKX token witnessed a staggering 428% uptick in 24-hour trading volume.

    At the time of writing, the metric hovered around $1.17 billion.

    Meanwhile, OKB is one of the standout performers in the past 24 hours and week, outpacing top altcoins as recent bullish catalysts keep bulls in control.

    BNB also hit a new peak as exchange tokens rally.

    Why OKB surged 50% as it hit a new all-time high

    As top altcoins braced for a fresh dose of downside volatility, OKB extended its recent rally to a new ATH.

    Having gone vertical from lows of $46 to highs of $116 on Aug. 13, the token retested the $92 area.

    But bulls have traded higher since, breaking above $150 and hitting the intraday record high of $195 on Aug. 21.

    OKB chart by CoinMarketCap

    The buying pressure follows a strategic tokenomics overhaul that OKX undertook recently, with this significantly altering the OKB’s supply dynamics.

    On Aug. 13, OKX executed a massive one-time burn of 65.26 million OKB tokens, slashing the circulating supply by over 50% to a fixed cap of 21 million tokens.

    The move meant OKX aligned its token’s supply with Bitcoin’s hard cap, with the deflationary event a key catalyst to the parabolic price action.

    The supply change has seen OKB’s market cap surge to $4 billion, while the price has increased nearly 90% in the past week and over 290% in the past 30 days.

    As well as the token burn, OKX introduced an upgrade to its zero-knowledge Ethereum Virtual Machine (zkEVM) network built with Polygon technology.

    The upgrade boosted the network’s transaction capacity to 5,000 transactions per second while slashing gas fees to near-zero levels, enhancing OKB’s utility as the native gas token.

     OKB price outlook

    OKB’s price trajectory has pushed key technical metrics to extreme levels, with the Relative Strength Index (RSI) hitting overbought conditions.

    Per the daily chart, OKB’s price hovers at a level where the RSI is above 92 and signaling a potential reversal.

    OKX price chart by TradingView

    However, the Moving Average Convergence Divergence (MACD) remains strongly bullish, with the MACD line above the signal line.

    This and the histogram’s outlook suggest sustained buying pressure.

    If bulls weather profit-taking deals, the next target will be a spike above $200 and further price discovery.

    On the downside, support levels include $125 and $92.

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  • Polygon price forecast: POL surges 6% as TVL reaches 2025 high

    Polygon price forecast: POL surges 6% as TVL reaches 2025 high

    Polygon POL Surges

    • Polygon token (POL) soared as most altcoins dipped on Monday and early Tuesday.
    • While POL has given up some of the gains to $0.26, bulls appear to be in control.
    • Gains for the altcoin come as its network’s total value locked (TVL) jumped to a year-to-date high.

    Polygon’s native token, POL (ex- MATIC) (POL), is one of the gainers in the past 24 hours as cryptocurrencies look to bounce off the latest dump.

    Altcoins such as Chainlink and XRP are eyeing fresh gains.

    While POL price has slipped from highs of $0.27, it’s currently holding above $0.25 as a potential rebound coincides with a spike in the network’s total value locked (TVL).

    Polygon price today

    The POL token’s price is up 3% in the past 24 hours at the time of writing, and nearly 12% in the past week.

    However, intraday gains reached 6% as POL rose to $0.27, with this coming amid growth in Polygon’s ecosystem, fueled by decentralised finance activity and strategic integrations.

    As the price of POL rose, Polygon’s TVL, which has jumped amid bullish momentum, topped a 43% increase year-to-date.

    The TVL spiking not only reflects the price gain, but the growing adoption, user trust and capital flows.

    Per Token Relations, Polygon saw its total value locked metric fall to $788 million in April.

    However, the metric has since witnessed a steady climb to break above $1.23 billion as of August, highlighting the blockchain network’s appeal and attraction as a DeFi player.

    Stablecoin growth

    Additionally, Polygon has seen a notable spike in stablecoin use.

    The recent integration of Agora’s stablecoin, AUSD, on Polygon by Miomi Game is a key development.

    Miomi is a web3 esports platform that boasts over 950,000 users.

    Polygon also surged to a record $2.56 billion in stablecoin payments in July, with peer-to-peer transfers rising as USDC active addresses jumped to 3.16 million.

    Meanwhile, USDT supply on Polygon rose to a new high of $1.29 billion during the month.

    Polygon’s surge in dApps, combined with stablecoin adoption and regulatory moves, spotlights the network’s utility.

    “Why are institutions building on Polygon? Trusted infrastructure, designed for greater efficiency and ready to scale for institutional demand,” Polygon Labs recently posted on X.

    Polygon price prediction

    Looking at Polygon’s price charts, the overall outlook is bullish.

    The network’s strategic initiatives and cross-chain interactions, which are contributing to organic growth, are evidence that bulls can establish the upper hand.

    Polygon’s price surge and TVL spike allude to this. Metrics such as active addresses and transactions are key to buyers breaching the supply wall around $26 and $30.

    On the flip side, bears can target the psychological support level at $20.

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  • Bitcoin hits new all-time high as Fed easing bets and favorable US policy align

    Bitcoin hits new all-time high as Fed easing bets and favorable US policy align

    Bitcoin hits new all-time high as Fed easing bets and favorable US policy align

    • Bitcoin smashes its record, climbing to a new all-time high of $124,002.
    • Hopes for a significant Federal Reserve rate cut are fueling the rally.
    • A new executive order opens the door for crypto in 401(k) retirement plans.

    Bitcoin blasted through to a new all-time high on Thursday, as a perfect storm of roaring optimism over Federal Reserve policy and a series of powerful pro-crypto reforms converged to send the digital asset into uncharted territory.

    The move signals a dramatic new phase for a market that has been supercharged by a seismic shift in the US political and regulatory landscape.

    In early Asian trading, the world’s largest cryptocurrency climbed as much as 0.9% to touch $124,002.49, decisively surpassing the previous peak it set in July.

    The tidal wave of buying lifted the broader market, with the second−largest token, Ether, surging to 4,780.04—its highest level since the bull market of late 2021.

    The three-pronged catalyst: Fed, institutions, and the White House

    This record-setting rally isn’t a random surge; it’s being powered by a clear confluence of forces.

    According to IG market analyst Tony Sycamore, Bitcoin’s momentum is a direct result of “increasing certainty of Fed rate cuts, sustained institutional buying and moves by the Trump administration to ease investment in crypto assets.” 

    The technical picture is now just as bullish, with Sycamore noting that a decisive move could open the floodgates for a much larger run. “Technically a sustained break above $125k could propel BTC to $150,000,” he wrote in a note.

    The ‘crypto president’ and the $1.6 trillion surge

    Since President Donald Trump’s return to the White House, the regulatory environment in the United States has transformed from hostile to overtly favorable.

    Trump has proudly labeled himself the “crypto president,” and a series of long-sought regulatory wins for the industry have followed throughout 2025, from the passage of landmark stablecoin regulations to a broader overhaul by the securities regulator to accommodate digital assets.

    The market impact of this policy pivot has been staggering. Bitcoin itself has risen nearly 32% so far in 2025.

    More broadly, the entire crypto sector’s market capitalization has ballooned from about $2.5 trillion in November 2024, when Trump won the election, to over $4.18 trillion today, according to data from CoinMarketCap.

    Unlocking retirement billions: the 401(k) game-changer

    The latest and perhaps most significant tailwind came from an executive order signed last week on Thursday.

    The order paved the way for crypto assets to be included in 401(k) retirement accounts, a move that could unlock a colossal new wave of mainstream capital for the asset class.

    This is not just a win for investors; it’s a potential boon for asset management giants like BlackRock and Fidelity, whose crypto exchange-traded funds (ETFs) could become staples of American retirement planning.

    However, this push into long-term savings is not without its perils.

    The very volatility that creates spectacular rallies also poses significant risks, especially for retirement accounts that have historically relied on the relative stability of stocks and bonds.

    For now, though, the market is firmly focused on the upside, celebrating a new era of legitimacy that has sent its leading asset to heights once thought unreachable.

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