{"id":12239,"date":"2025-07-14T11:02:04","date_gmt":"2025-07-14T10:02:04","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=12239"},"modified":"2025-07-14T11:02:06","modified_gmt":"2025-07-14T10:02:06","slug":"what-is-driving-the-surge-in-the-crypto-market-today","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/what-is-driving-the-surge-in-the-crypto-market-today\/","title":{"rendered":"What is Driving the Surge in the Crypto Market Today ?"},"content":{"rendered":"\n

Crypto Market Withstands Macroeconomic Pressure<\/h2>\n\n\n\n

The crypto market<\/a> continues to gain maturity<\/strong>, demonstrating remarkable resilience despite recent announcements of tariff increases by President Trump<\/strong>. The total market capitalization has crossed the $3.69 trillion mark<\/strong>, representing a gain of $81 billion in just 24 hours.<\/strong><\/p>\n\n\n\n

\"TOTAL<\/figure>\n\n\n\n

This remarkable performance testifies to the strength of the sector<\/strong>, which appears largely unaffected by geopolitical or economic disruptions. Investors seeking safe-haven assets are increasingly turning to cryptocurrencies<\/a>. They now view them as a store of value<\/strong> amid prevailing uncertainty.<\/p>\n\n\n\n

Bitcoin : Reaching New Heights<\/h2>\n\n\n\n

Leading the market, Bitcoin<\/a> continues its remarkable run, establishing a new all-time high of $119,966<\/strong> in the last 24 hours. The flagship cryptocurrency now trades around $119,735, just below the symbolic $120,000 threshold.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n\n\n\n

This progression demonstrates renewed confidence<\/strong> from Bitcoin investors<\/a>, as it appears poised to establish itself permanently as a premier safe-haven asset. The anticipation of breaking the $120,000 barrier<\/strong> is fueling growing enthusiasm, likely to trigger a new wave of buying<\/strong> motivated by fear of missing out on this opportunity.<\/p>\n\n\n\n

However, technical indicators<\/a> suggest that Bitcoin is currently in overbought territory, which could lead to a slight correction<\/strong> in the short term. This correction might bring the price back around $115,000<\/strong>. Such consolidation would be healthy, allowing Bitcoin to move forward again and reach new peaks<\/strong>.<\/p>\n\n\n\n

Altcoins on Fire, HBAR Leading the Charge<\/h2>\n\n\n\n

While Bitcoin remains the main attraction, altcoins are also riding this bullish momentum. Among them, HBAR stands out with an impressive 27.6% increase over the last 24 hours<\/strong>, reaching $0.252.<\/p>\n\n\n\n

\"hbar<\/figure>\n\n\n\n

This surge follows the Hedera Foundation’s joining of Project Acacia, led by the Australian central bank. This collaboration has sparked renewed interest in the altcoin<\/strong>, further strengthening its upward momentum.<\/p>\n\n\n\n

HBAR is now attempting to firmly establish itself above the $0.250 threshold<\/strong>, a crucial level for maintaining its positive momentum<\/strong>. A successful breach of this support could propel the price toward $0.267, consolidating the spectacular gains accumulated in recent hours.<\/p>\n\n\n\n

However, failure to maintain this $0.250 support<\/strong> would pave the way for a correction, with the risk of a return to $0.220<\/strong> or lower. Such a development would call into question the altcoin’s bullish outlook.<\/p>\n\n\n\n

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