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Cryptocurrency Spikes Following $9 Billion Surprise, Experts Believe Bull Market Has Ended

Bitcoin increased this week following a substantial decline, allowing the overall cryptocurrency market to reach beyond $4 trillion in value once more. The cost of Bitcoin specifically was noted.

Cryptocurrency Bitcoin experiences a surge following a $9 billion shock, with analysts asserting...
Cryptocurrency Bitcoin experiences a surge following a $9 billion shock, with analysts asserting that the cycle of its price fluctuations may have concluded.

Cryptocurrency Spikes Following $9 Billion Surprise, Experts Believe Bull Market Has Ended

In the world of digital currencies, the landscape is shifting as we speak. As of August 13, 2025, a broad bullish trend is dominating the market, with Ethereum and a host of altcoins taking the lead.

Bitcoin, the undisputed king of cryptocurrencies, is currently trading modestly above $120,000. While this represents a recovery, it is a less aggressive one compared to the altcoins. Ethereum, on the other hand, is soaring, with prices ranging between $4,293.74 and $4,600—a level not seen since 2020.

The price of Ethereum is navigating a rising wedge formation, a technical pattern that suggests continued upside momentum. Key resistance levels include $4,303.76, $4,352.88, and higher, while support levels are at $4,232.38 and $4,194.45. Technical indicators such as EMA and RSI suggest that the upward trend will continue, although volatility risk remains if critical support breaks.

Other major altcoins, such as Cardano, Ripple, Solana, Avalanche, and Litecoin, are also registering strong daily gains and overall sector rally. While the exact prices of Cardano, Ripple, and Litecoin were not explicitly listed, they are noted to be in significant upward movement with strong technical fundamentals.

Solana, for instance, is trading at around $153, showing strong gains. Its high transaction per second (TPS) rate of over 2,600 and low fees make it an attractive option for users.

The website, a comprehensive resource for all things cryptocurrency, offers sections for News, Blog, Infographics, Press Releases, Advertise, About, and Contact. It provides real-time price data for Bitcoin, Ethereum, Ripple, Litecoin, Cardano, Solana, and many other digital currencies.

In addition to price data, the website also offers a Calculator and Newsletter, making it easier for users to stay updated on the latest developments in the cryptocurrency market. For those interested in learning more about the industry, the Blog section includes Industry Reports, Learn, Guides, Reviews, Opinion, and Community sections.

It's important to note that the website does not disclose participation in any marketing programs that might influence its content. More details can be found on the Terms and Conditions page.

As the cryptocurrency market continues to evolve, keeping up-to-date with the latest news and trends is crucial. With its comprehensive coverage, the website serves as a valuable resource for both seasoned investors and newcomers alike.

Investing in the cryptocurrency sector has become a vibrant space, as demonstrated by the current bullish trend in the market. The website, serving as a comprehensive resource, offers real-time price data for various digital currencies like Bitcoin, Ethereum, Ripple, Litecoin, Cardano, Solana, and more, alongside valuable tools such as a Calculator and Newsletter. This helps users stay informed about the latest developments in the blockchain-based finance landscape.

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