Bitcoin and Ether are poised to reach new all-time highs

The following are key points.

• Bitcoin’s price is re-determined as Wall Street traders return to volatility.

• Cryptoliquidations exceed $500 million within 24 hours.

• Ether’s price is only $150 short of a record-breaking high, as institutional demand surges.

BitcoinBTCThe Wall Street Open on Wednesday saw new record highs as the institutional demand punished shorts who were late.

The Bitcoin and altcoin market liquidates 500 million dollars

Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView BTC/USD breached the $122,000 level before cooling.

As short positions on crypto markets were liquidated, the pair rose 1% in the morning.

Monitoring resource data CoinGlass At the time this article was written, total liquidations in 24 hours amounted to over half a million dollars.

“$BTC went right through,” Trading commentator TheKingfisher summarized Part of a response to X

Daan Crypto Trades is a well-known trader who believes that Bitcoin’s price will continue to fluctuate or either break into price discovery in the future.

“BTC is still range-bound currently and will need to either break out into price discovery or continue to go sideways to build up more positions on both sides,” He told X Followers about CoinGlass Data 

“No major liquidity cluster anywhere in close proximity right now to go off. Focus lies on alts for many market participants.”

Ether is expected to reach new highs.ETH), continued to build on the day, with ETH/USD reaching its highest levels since December 2021 — less than $150 away from uncharted territory.

Ether and Bitcoin have both seen increased interest from institutions. BitMine is a blockchain-technology firm, reported Cointelegraph. announced a $20 billion fundraising round Institutional entities are the main buyers of ETH 75% of Coinbase trading volume Tuesday is the day.

$126,000 “pivotal” Bitcoins to be used in the Future

Rekt, the popular analyst and trader of BTC prices, has said that BTC is currently priced at $120,000.

Related: BTC price to fill $117K CME gap? 5 things to know in Bitcoin this week

“Bitcoin has fully confirmed its breakout from the Bull Flag and turned the $120k level into new support. Bitcoin has entered trend continuation, with a chance at challenging new All Time Highs soon,” He wrote The day of the event

Rekt Capital announced that it would add $126,000 towards the total amount. “pivotal” Price point of watch

#BTC

The pivotal price level going forward will be $126,000$BTC #Crypto #Bitcoin https://t.co/roTsRRsc07

— Rekt Capital (@rektcapital) August 13, 2025

He said that $4,631 was the minimum support required for Ether to be able to go on a price-discovery journey.

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.