Today’s Cryptocurrency Price: Bitcoin Rises Above $121,000, Nearly Setting a New ATH
The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), nearly reached a new all-time high early on Monday. Over the weekend, it surged to $121,000, nearly reaching the $122k ATH of BTC thus far. According to CoinMarketCap statistics, the overall Market Fear & Greed Index was 62 (Greed) out of 100, meaning that other well-known altcoins, including as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), also saw gains. With a 24-hour increase of about 16 percent, Lido DAO (LDO) emerged as the lot’s largest gainer. In contrast, Memecore (M) experienced a 24-hour decline of about 5 percent, making it the largest loser.
At the time of writing, the total value of the global cryptocurrency market was $4.06 trillion, registering
Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of bitcoin was $121,869.11, representing a 3.02 percent 24-hour increase. The cost of bitcoin was Rs 1.07 crore, according to Indian markets.
Ethereum (ETH) Price Today
At the time of writing, the price of Ethereum was $4,304.49, representing a 1.65% 24-hour rise. In India, the price of Ethereum was Rs 3.09 lakh.
Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE saw a 0.44 percent 24-hour decline and is now trading at $0.2391. In India, the price of Dogecoin was Rs 17.56.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.17 percent. At the time of writing, it was trading at $123.88. LTC price in India stood at Rs 9.701.30.
Ripple (XRP) Price Today
XRP price stood at $3.27, seeing a 24-hour jump of 0.30 percent. Ripple price in India stood at Rs 260.95.
Solana (SOL) Price Today
Solana price stood at $185.17, marking a 24-hour gain of 1.33 percent. SOL price in India stood at Rs 14,172.98.
Top Crypto Gainers Today (August 11)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Lido DAO (LDO)
Price: $1.50
24-hour loss: 15.10 percent
Ethena (ENA)
Price: $0.8408
24-hour gain: 11.54 percent
Cronos (CRO)
Price: $0.1692
24-hour gain: 6.77 percent
Pump.fun (PUMP)
Price: $0.003404
24-hour gain: 6.51 percent
Hyperliquid (HYPE)
Price: $46.38
24-hour gain: 5.76 percent
Top Crypto Losers Today (August 11)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Four (FORM)
Price: $3.91
24-hour loss: 4.50 percent
MemeCore (M)
Price: $0.4605
24-hour loss: 4.48 percent
Monero (XMR)
Price: $269.91
24-hour loss: 3.61 percent
Pi (PI)
Price: $0.4073
24-hour loss: 3.39 percent
Conflux (CFX)
Price: $0.2089
24-hour loss: 2.24 percent
Crypto Exchanges’ Reactions to the Present Market Situation
“BTC smashed through 120k as bulls seem to be in great control while approaching all-time highs,” the CoinSwitch Markets Desk reported. A target of 148k USD per BTC is predicted by analysts using the inverse head and shoulder. However, for the first time in four years, ETH has hit a price resistance level of close to 4.2k USD.
One of the most well-known legal disputes in the cryptocurrency business has come to an end when the U.S. SEC terminated its lawsuit against Ripple Labs for allegedly selling unregistered securities, leaving in place a $125 million punishment. Bo Hines is leaving his position as head of President Donald Trump’s Council of Advisers on Digital Assets in order to rejoin the private sector.
“The past week has been characterized by increased volatility, but Bitcoin’s sharp rebound to $121,000 reflects renewed investor confidence as the Fed signals three rate cuts in 2025,” stated Avinash Shekhar, co-founder and CEO of Pi42. Strong on-chain activity and lowering inflation forecasts are driving momentum toward a possible new all-time high. Ethereum’s holding above $4,300 demonstrates the strength of the market and gives investors hope for future increases if macro factors line up.
Although it is normal to take profits following such rallies, confidence is being supported across digital assets by the combination of accommodating monetary policy going forward and increased institutional interest.
“Bitcoin is trading near $121,767, up over 3%, after breaking key resistance at $118K,” stated Sathvik Vishwanath, CEO and co-founder of Unocoin. The 50-day SMA at about $113K provides support for the technicals, which are still optimistic. Potential pullbacks to $110K–$113K are viewed by analysts as healthy before aiming for $122K–$124K and perhaps $140K+. Momentum is being fueled by corporate accumulation, institutional inflows through ETFs, and more regulatory clarity.
If buying persists, a bullish flag breakout indicates potential for new all-time highs. Profit-taking and economic headwinds are risks, but spot demand is still high. Bitcoin is at the top of the cryptocurrency market as money shifts away from altcoins, setting itself poised for long-term growth if momentum continues.
“The crypto funds received massive inflows in a single day, putting BTC and ETH back in rally mode,” stated Shivam Thakral, CEO of BuyUcoin. Due to significant ETF inflows, Ethereum, the largest altcoin, has surpassed the $4,000 mark for the first time since 2021, falling just short of its peak. In response to the Trump administration’s regulatory effort, Bitcoin has recovered its $121,000 mark. With immediate support at $120,000, Bitcoin may encounter some resistance at the $124,000 mark. There are signs of a new surge in the upcoming weeks, and the market sentiment appears to be generally bullish.
“Bitcoin recorded one of the strongest weekly closes, recovering almost all of the losses incurred in the past week,” the CoinDCX Research Team observed. Despite this, the bears held back the surge at $122,164, and the star cryptocurrency was unable to set a new all-time high. As a result, several altcoins have surpassed their respective resistance levels, including Ethereum, Litecoin, Solana, and a few more.
Furthermore, as it crosses a crucial barrier, the price of XRP is getting closer to its all-time high. With a 12% to 13% increase, Lido DAO & Ethena are at the top of the day’s leaderboard, followed by Cronos & Story. In addition, Monero and Pi both decrease by more than 4%, while Four declines by more than 5%.
As traders wait for the next catalyst, Bitcoin looks to have a calm, sideways weekend, according to Parth Shrivastava, Head of Quant, 9Point Capital Research Team. The market can reset before the next move thanks to this healthy consolidation phase. We expect an enormous upward breakout in the upcoming weeks, which might signal the start of the next leg of the bull run, as technicals and general mood combine.
Disclaimer and Risk Warning
coinweck does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. coinweck should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.