[LIVE] Latest Crypto News, August 11 – Bitcoin Crosses $122K, Ethereum Marks 3-Year High: Best Crypto To Buy?

[Redator]

This Monday, crypto markets are pushing higher, with total market value rising 2.43% to more than $4.05 trillion. Bitcoin climbed 3.3% to break $122,000, leaving it just 1% shy of its record peak after a strong weekend run. Ethereum also moved higher for the second day in a row, reaching above $4,300, marking its highest price since late 2021. Could this be the sign of an upcoming altcoin season? What are the best crypto to buy right now?

EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

The rally spread across several sectors. NFTs led the charge, gaining 4.28% as Zora jumped 45.82% and Pudgy Penguins added 4.13%. DeFi advanced 1.79%, powered by double-digit gains in Lido DAO (+11.30%) and Ethena (+10.79%).

(ZORAUSDT)

ZORA has been in a strong uptrend, breaking above $0.13. The move represents a gain of nearly 45% in the last 24 hours, with momentum accelerating over the past two days. Immediate resistance is near $0.14, while short-term support is around $0.11–$0.12.

Sustaining above $0.13 could open the door for a push toward $0.15, but overextended conditions may trigger a possible pullback.

DISCOVER: What Palantir and Private Crypto Companies Don’t Want You to Know

Adding to the bullish sentiment, Arkham data revealed that Arthur Hayes increased his holdings over the past 24 hours, acquiring 1,500 ETH (about $6.35 million) along with several 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, over the past 24 hours, Arthur Hayes increased his holdings of ETH and several DeFi blue-chip assets, including 1.5k ETH (worth approximately $6.35M), 425k LDO (around $557k), 420k ETHFI (around $517k), and 185k PENDLE (around $1.02M).https://t.co/11Bj3OA0lo

— Wu Blockchain (@WuBlockchain) August 11, 2025

Stay tuned for live updates on the latest developments about the crypto market.

10 minutes ago

Bitcoin Again above $122K, Overtakes Amazon as Ethereum ETF Inflows Hit $2B

By Fatima

From August 4 to August 8, spot Bitcoin ETFs brought in $247 million, with BlackRock’s IBIT leading at $189 million. Spot Ethereum ETFs attracted $327 million in the same period, extending their streak to 13 consecutive weeks of net inflows. Ethereum ETFs gained a massive $2.03 billion. Despite Bitcoin’s market cap being nearly five times larger than Ethereum’s, ETH’s recent ETF performance is drawing attention.

Bitcoin has just broken $122,000, overtaking Amazon to rank as the sixth-largest asset globally, holding a 59.8% market share.

Ethereum holders who entered at $1,300–$1,400 earlier this year are also enjoying strong gains.

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