Cryptocurrencies Price Prediction: Bitcoin, Solana & Ethereum — Asian Wrap 11 July
|Bitcoin's surge to new all-time high sparks $1 billion in short liquidations
Bitcoin (BTC) traded above 4% on Thursday after soaring to a new all-time high above $116,800. The rally, which appears to be leverage-driven, triggered over a $1 billion short-squeeze across the entire crypto market.
Solana Price Forecast: SOL jumps as BIT Mining plans to raise $300 million to establish SOL treasury
Solana (SOL) rose 4% on Thursday after crypto mining company BIT Mining (BTCM) announced a treasury shift to Solana worth up to $300 million.
Ethereum Price Forecast: ETH tests $3,000 following strong ETF and treasury inflows
Ethereum (ETH) climbed above $2,900 on Thursday, mimicking the rally seen in Bitcoin. Amid the influence of the top cryptocurrency, strong buying pressure across ETH exchange-traded funds (ETFs) and crypto treasury companies have also pushed up ETH's price.
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