{"id":14603,"date":"2025-08-13T13:33:23","date_gmt":"2025-08-13T12:33:23","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14603"},"modified":"2025-08-13T13:33:24","modified_gmt":"2025-08-13T12:33:24","slug":"exploring-the-spike-in-cryptocurrency-market-today-whats-behind-the-surge","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/exploring-the-spike-in-cryptocurrency-market-today-whats-behind-the-surge\/","title":{"rendered":"Exploring the Spike in Cryptocurrency Market Today : What&#8217;s Behind the Surge ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"us-inflation-crypto-market-rebounds-upward\">US Inflation : Crypto Market Rebounds Upward<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">crypto market<\/a> as a whole has experienced <strong>explosive growth<\/strong> in recent hours, with a <strong>$109 billion increase<\/strong> in just <strong>24 hours<\/strong>. This <strong>surge<\/strong> follows the release of a better-than-expected Consumer Price Index (CPI) in the <strong>United States<\/strong>, providing a fresh <strong>boost for investors<\/strong>.<\/p>\n\n\n\n<p>Indeed, the <strong>US CPI<\/strong> increased by <strong>2.7% year-over-year<\/strong>, a smaller rise than the <strong>2.8% analysts expected<\/strong>. This <strong>positive surprise<\/strong> has strengthened <strong>confidence<\/strong> among market participants, triggering a <strong>wave of buying<\/strong> and a marked improvement in overall sentiment. The <strong>total<\/strong> crypto market capitalization now stands at over <strong>$4.01 trillion<\/strong>, a <strong>key level<\/strong> to breach in order to confirm the <strong>bullish trend<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"476\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/08\/image-79.png\" alt=\"Total Crypto Market Cap Analysis\" class=\"wp-image-14604\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-79.png 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-79-300x139.png 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-79-768x357.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: TradingView<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-seeking-a-breakthrough\">Bitcoin Seeking a Breakthrough<\/h2>\n\n\n\n<p>Despite favorable conditions, <strong><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a> (BTC)<\/strong> remains stuck around the <strong>$120,000 resistance<\/strong>. Although the price has advanced, it has not yet crossed this <strong>psychological threshold<\/strong>. Its <strong>next target<\/strong> is <strong>$122,000<\/strong>, supported by its correlation with US stock markets.<\/p>\n\n\n\n<p>If <strong>overall sentiment<\/strong> remains <strong>robust<\/strong> and investors continue to flow in, <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/bitcoin\/\">BTC<\/a> could break through this <strong>barrier<\/strong>. However, <strong>profit-taking<\/strong> remains a risk, and a drop below the <strong>support at $117,261<\/strong> could weaken the bullish trend in the <strong>short term<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"476\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/08\/image-80.png\" alt=\"Bitcoin Price Analysis\" class=\"wp-image-14605\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-80.png 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-80-300x139.png 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-80-768x357.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: TradingView<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"fartcoin-shines-in-the-crypto-market\">FARTCOIN Shines in the Crypto Market<\/h2>\n\n\n\n<p>While Bitcoin struggles, <strong><a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/fartcoin\/\">FARTCOIN<\/a><\/strong> has emerged as the <strong>best-performing altcoin<\/strong>, with a <strong>23% increase<\/strong> over the day. Currently at <strong>$1.08<\/strong>, it is testing the <strong>key resistance at $1.09<\/strong>.<\/p>\n\n\n\n<p>If it transforms this level into support, the path will be clear to reach <strong>$1.15<\/strong>, despite a potential obstacle represented by the <strong>50-day exponential moving average<\/strong>.<\/p>\n\n\n\n<p>Overall, the crypto market is showing great <strong>resilience<\/strong>, capitalizing on US inflation figures to bounce back. This <strong>positive momentum<\/strong> suggests <strong>promising opportunities<\/strong> for savvy investors.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"476\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/08\/image-81.png\" alt=\"FARTCOIN Price Analysis.\" class=\"wp-image-14606\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-81.png 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-81-300x139.png 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-81-768x357.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: TradingView<\/figcaption><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Earn $10 on Bitget when you buy your crypto now !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/discover-why-xrp-could-surge-past-3-30-today\/\">Discover why XRP could surge past $3.30 today<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/ethereum-eth-hits-new-all-time-highs-next-target-at-5241\/\">Ethereum (ETH) Hits New All-Time Highs : Next Target at $5,241 ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/pengu-price-poised-for-faster-upward-momentum-than-anticipated\/\">PENGU Price Poised for Faster Upward Momentum Than Anticipated<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market is buzzing with a staggering $109 billion surge in just 24 hours. Explore the key drivers behind this rally and the outlook for Bitcoin and other altcoins.<\/p>\n","protected":false},"author":47,"featured_media":14602,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Crypto","_yoast_wpseo_title":"Why is the crypto market on the rise today ?","_yoast_wpseo_metadesc":"Crypto market rebounds on positive US inflation data. Bitcoin remains stable near $120,000. Stay informed with the latest updates !","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-14603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why is the crypto market on the rise today ?<\/title>\n<meta name=\"description\" content=\"Crypto market rebounds on positive US inflation data. Bitcoin remains stable near $120,000. 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