
Bitcoin Soars to New Heights at $119K While XLM and HBAR Make Waves with Shocking Gains!
2025-07-13
Author: Amelia
In a monumental shift in the cryptocurrency market, Bitcoin (BTC) has shattered its previous records by hitting an astonishing $119,308. This surge, marking a 1.4% increase over the last 24 hours, comes amid rising tensions from the U.S. government's announcement of hefty 30% tariffs on imports from the EU and Mexico.
Despite the potential market disruptions from the trade news, bullish investors remain optimistic. Fundstrat Capital’s CIO, Thomas Lee, believes BTC's unique supply-demand dynamics could catapult its value to between $150,000 and $250,000 by the end of the year!
As of recent trading sessions, Bitcoin is holding strong at about $118,882, reflecting a 1.38% rise.
But Bitcoin isn't the only star today. Stellar (XLM) has skyrocketed to impressive heights, peaking at $0.4815 before settling at $0.4578—a remarkable 22% jump in just 24 hours. This surge follows Saturday's impressive growth of 6%, proving XLM is making its mark among the top 20 cryptocurrencies.
Meanwhile, Hedera (HBAR) outperformed expectations with a staggering 27% increase, reaching an intraday high of $0.2516. Currently trading at approximately $0.2439, HBAR claims the title of the top percentage gainer today!
Altcoin Rotation and Market Trends
Crypto analyst Rekt Capital has drawn attention to HBAR's recent dramatic 62% surge, indicating it mirrors the token's price behavior from 2021. He suggests that any minor setbacks in the token's price could simply be a strategic retest, setting the stage for a future breakout that surpasses its current resistance levels.
With the crypto landscape constantly evolving, investors are keenly watching where these tokens will head next. Will Bitcoin continue its climb? Can XLM and HBAR sustain their momentum? Only time will tell!