[LIVE] Current Crypto Updates, August 11 – Bitcoin Surges Past $122K, Ethereum Achieves 3-Year Peak: Top Crypto Recommendations?

This Monday, the cryptocurrency markets are experiencing an upward trend, with the total trading market capitalization increasing by 2.43% to over $4.05 trillion. Bitcoin surged by 3.3%, surpassing $122,000, just 1% away from its all-time high after a robust weekend performance. ETH also rose for the second consecutive day, climbing above $4,300, achieving its highest value since late 2021. Could this indicate the onset of an altcoin season? What are the top cryptocurrencies to invest in at this moment?

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The optimistic was observed across various sectors. NFTs took the lead, rising 4.28% as Zora skyrocketed by 45.82% and Pudgy Penguins gained 4.13%. DeFi also progressed by 1.79%, bolstered by significant gains in Lido DAO (+11.30%) and Ethena (+10.79%).

(ZORAUSDT)

ZORA has experienced a robust upward trend, breaking through $0.13. This movement signifies an increase of nearly 45% within the last 24 hours, with momentum picking up over the previous two days. Immediate resistance stands at around $0.14, with short-term price floor located between $0.11 and $0.12.

Maintaining levels above $0.13 could pave the way for a move toward $0.15, although overly extended conditions might lead to a potential pullback.

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Contributing to the bullish sentiment, Arkham data indicated that Arthur Hayes boosted his portfolio in the past 24 hours, purchasing 1,500 Ethereum (approximately $6.35 million) along with various DeFi blue-chip assets: 425,000 LDO (around $557,000), 420,000 ETHFI (about $517,000), and 185,000 PENDLE (approximately $1.02 million).

According to Arkham, in the last 24 hours, Arthur Hayes expanded his Ethereum holdings and acquired several blue-chip Decentralized finance assets, totaling 1.5k ETH (valued at about $6.35M), along with 425k LDO (approximately $557k), 420k ETHFI (around $517k), and 185k PENDLE (around $1.02M).https://t.co/11Bj3OA0lo

— Wu Blockchain (@WuBlockchain) August 11, 2025

Keep an eye out for live updates on the most recent developments in the digital currency trading market.

9 minutes ago

Bitcoin Back above $122K, Surpasses Amazon as ETH ETF Inflows Reach $2B

By Fatima

Between August 4 and August 8, spot Bitcoin ETFs attracted $247 million, led by BlackRock’s IBIT with $189 million. Spot ETH ETFs pulled in $327 million over the same timeframe, marking their 13th consecutive week of net inflows. ETH ETFs amassed a staggering $2.03 billion. Despite Bitcoin’s trading market cap being nearly five times that of ETH, ETH’s recent ETF performance is capturing attention.

BTC has recently surpassed $122,000, now placing it ahead of Amazon as the sixth-largest asset globally, with a 59.8% crypto market share.

Ethereum holders who invested at $1,300–$1,400 earlier this year are witnessing significant gains.

The post [LIVE] Latest Crypto News, August 11 – BTC Crosses $122K, ETH Marks 3-Year High: Best Crypto To Buy? appeared first on 99Bitcoins.