Bitcoin Surpasses $111,500 to Set New All-Time High; Majority of Altcoins Follow Suit in Market Rally

August 4, 2025

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Bitcoin experienced a significant surge in value, surpassing $111,000 on international exchanges within the past 24 hours. By Thursday, May 22nd, it traded at approximately $111,593, marking a four percent increase according to CoinMarketCap.

Indian exchanges mirrored this positive trend, witnessing a five percent rise. Bitcoin’s price on CoinDCX and CoinMarketCap reached around $111,523.

Market analysts have pinpointed $106,200 as a crucial support level for Bitcoin. Further price movements are expected to encounter resistance near upcoming thresholds, suggesting potential price fluctuations in the short term. The cryptocurrency market remains dynamic, and investors are closely monitoring these key support and resistance levels.

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Bitcoin Surpasses $111,500 to Set New All-Time High; Majority of Altcoins Follow Suit in Market Rally

August 4, 2025

, Published By Gadget360

Bitcoin_unsplash_viktor_forgacs_large_1656053046977.jpg

Bitcoin experienced a significant surge in value, surpassing $111,000 on international exchanges within the past 24 hours. By Thursday, May 22nd, it traded at approximately $111,593, marking a four percent increase according to CoinMarketCap.

Indian exchanges mirrored this positive trend, witnessing a five percent rise. Bitcoin’s price on CoinDCX and CoinMarketCap reached around $111,523.

Market analysts have pinpointed $106,200 as a crucial support level for Bitcoin. Further price movements are expected to encounter resistance near upcoming thresholds, suggesting potential price fluctuations in the short term. The cryptocurrency market remains dynamic, and investors are closely monitoring these key support and resistance levels.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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