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Bitcoin and Ether Are Primed for New All-Time Highs

August 13, 2025Updated:August 13, 2025No Comments3 Mins Read
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Bitcoin and Ether Are Primed for New All-Time Highs
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Key factors:

  • Bitcoin takes one other shot at value discovery as volatility returns with Wall Avenue merchants.

  • Crypto liquidations go $500 million in 24 hours.

  • Ether comes inside $150 of recent all-time highs as institutional curiosity surges.

Bitcoin (BTC) sought new all-time highs on the Wednesday Wall Avenue open as institutional demand punished late shorts.

Bitcoin and Ether Are Primed for New All-Time Highs
BTC/USD one-hour chart. Supply: Cointelegraph/TradingView

Bitcoin, altcoin volatility liquidates $500 million

Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD piercing the $122,000 mark earlier than cooling.

Up 1% on the day, the pair confronted resistance round present all-time highs as brief positions had been liquidated throughout crypto markets.

Information from monitoring useful resource CoinGlass put complete 24-hour liquidations at over half a billion {dollars} on the time of writing.

Crypto liquidations (screenshot). Supply: CoinGlass

“$BTC went proper by means of,” buying and selling commentator TheKingfisher summarized in a part of a response on X.

Common dealer Daan Crypto Trades concluded that Bitcoin would both proceed to vary or escape into value discovery subsequent.

“BTC continues to be range-bound at the moment and might want to both escape into value discovery or proceed to go sideways to construct up extra positions on each side,” he instructed X followers concerning the CoinGlass knowledge. 

“No main liquidity cluster wherever in shut proximity proper now to go off. Focus lies on alts for a lot of market contributors.”

BTC liquidation heatmap. Supply: CoinGlass

Anticipation of recent all-time highs for the highest altcoin, Ether (ETH), continued to construct on the day, with ETH/USD reaching its highest ranges since December 2021 — lower than $150 away from uncharted territory.

ETH/USD one-month chart. Supply: Cointelegraph/TradingView

Each Ether and Bitcoin fielded elevated institutional curiosity. As Cointelegraph reported, blockchain expertise agency BitMine introduced a $20 billion fundraising spherical to buy ETH, whereas institutional entities made up 75% of Coinbase buying and selling quantity on Tuesday.

$126,000 “pivotal” for Bitcoin going ahead

In additional excellent news for the bulls, in style dealer and analyst Rekt Capital stated that $120,000 was now BTC value assist.

Associated: BTC value to fill $117K CME hole? 5 issues to know in Bitcoin this week

“Bitcoin has absolutely confirmed its breakout from the Bull Flag and turned the $120k degree into new assist. Bitcoin has entered development continuation, with an opportunity at difficult new All Time Highs quickly,” he wrote on the day.

BTC/USD one-day chart. Supply: Rekt Capital/X

Rekt Capital added that $126,000 can be the “pivotal” value level to observe.

#BTC

The ~$126,000 degree would be the pivotal value level going ahead$BTC #Crypto #Bitcoin https://t.co/roTsRRsc07

— Rekt Capital (@rektcapital) August 13, 2025

For Ether, he stated, $4,631 can be the assist degree required to gasoline an tour into value discovery.

ETH/USD one-week chart. Supply: Rekt Capital/X

This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer entails threat, and readers ought to conduct their very own analysis when making a choice.