Trump Tweets Touting Economic Performance: Cryptocurrency 'Breaks Through the Roof', US Stock Market Hits All-Time High

On July 11th, with Bitcoin approaching $120,000, the cryptocurrency market witnessed a general upward trend. The total market capitalization reached $3.68 trillion, with a 24-hour increase of more than 1%. Within the ETH ecosystem, driven by ETH's breakthrough to $3,000, major assets all saw gains. In the past 24 hours, ETHfi showed a 9% increase. In the meme coin sector, spurred by the upcoming coin launch on Pump.fun, mainstream meme coins in the Solana ecosystem also rose. Fartcoin's market capitalization returned to $1.3 billion, with a 24-hour increase of 19%. Regarding exchange platform tokens, Hyperliquid's HYPE token is approaching its historical high. It is currently trading at $44, with a 24-hour increase of 8%. BNB saw a 24-hour increase of 2.6%.

On July 11th, based on HTX market data, ETH rose above $3000. This is the first time since February of this year. It witnessed a 24-hour increase of 8.8%.

On July 11th, according to Coinglass data, in the event that Bitcoin breaks through $114,000, the total short liquidation intensity on mainstream CEXs will reach $956 million. Conversely, if Bitcoin drops below $110,000, the total long liquidation intensity on mainstream CEXs will reach $2.4 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity.

On July 11th, according to HTX market data, Bitcoin reached another all-time high, exceeding $113,000. It is currently trading at $113,041, indicating a 24-hour increase of 3.3%.

On July 11th, Texture officially announced on the X platform that approximately two hours ago, the hacker had returned 90% of the stolen funds. The team had previously offered a 10% "gray hat bounty," which was now claimed. Texture stated that there would be no further legal actions. Previously, on July 9th, Texture encountered a security vulnerability, leading to the theft of approximately 2.2 million USDC from users.