Crypto Markets Surge: Bitcoin & Solana Hit New All-Time Highs, Bitcoin Cash Targets $685

[Coinpedianinja]

The cryptocurrency market is on a roll as Bitcoin (BTC) and Solana (SOL) set new all-time highs, with Bitcoin Cash (BCH) also showing strong bullish momentum. Let’s take a look at the major market movements and price targets that are capturing attention today.

Bitcoin Breaks $99k: A Step Closer to $100,000

Bitcoin has shattered its previous records, reaching a new all-time high of $99,314.95 before slightly pulling back to $99,011.98, marking a 1.25% daily gain. With 24-hour trading volume hitting $97.50 billion and a solid 59.24% dominance, Bitcoin remains the leader of the pack. The surge in market sentiment is further supported by the introduction of Bitcoin ETFs, which saw inflows of $397 million. The Fear & Greed Index is in extreme greed territory, and investors are now eyeing the elusive $100,000 target for Bitcoin.

Solana Shines with a New ATH

Solana has been another standout performer, setting a new all-time high of $262.58, reflecting an 8.90% increase in the last 24 hours. Solana's high-speed blockchain and strong position in DeFi and NFTs have attracted growing interest, positioning it as one of the most promising altcoins in the market.

Bitcoin Cash (BCH) Targets $685

Bitcoin Cash is also showing impressive bullish momentum, with its price currently at $497.4, reflecting a +2.66% increase. As BCH continues its upward trend, traders are eyeing key levels. The immediate resistance is at $501.7, and breaking this could see BCH targeting $685.2. Support levels are at $432.2 and $403.0, offering a cushion for potential pullbacks.

The market’s bullish sentiment is evident, and if these trends continue, Bitcoin Cash could see substantial gains, with a price target of $685.2 on the horizon. Stay tuned for more updates as the market continues to evolve.

[cryptomaga]

Even $BGB hit a new ATH today, there are indication that Eth and Doge could follow