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Cryptocurrency News Articles

Bitcoin (BTC) Price Breaks $103,900, These 3 Altcoins Soared Over 20%

May 11, 2025 at 03:47 pm

On Sunday, May 10, 2025, the crypto market was abuzz again after Bitcoin broke through the $103,900 level, signaling the beginning of a strengthening bullish trend.

The crypto market kicked off Sunday, May 11, with renewed vigor as Bitcoin breached the $103,900 level. This development signaled a potential strengthening of the bullish trend.

The chart above provides a snapshot of the Bitcoin price. At the time of writing, Bitcoin is currently trading at $103,956.30, showing a slight increase of 0.08% over the last 24 hours.

In terms of market indicators, they reflect Bitcoin’s fundamental strength with the market capitalization reaching $2.06 trillion, a slight addition of 0.09%. Meanwhile, the trading volume in the last 24 hours was recorded at $44.52 billion, showing a decrease of 13.78%. The total supply of Bitcoin remains at the maximum limit of 21 million BTC, with 19.86 million BTC already circulating in the market.

Community sentiment is predominantly positive with 82% being bullish, signaling optimism towards Bitcoin’s price movement.

This increase in Bitcoin price has also fueled the rally of several major altcoins, where at least three altcoins have skyrocketed by more than 20% in just the last 24 hours. What are these altcoins?

1. Ether.fi (ETHFI) – Rocketed 37.22% in 24 Hours

The chart above is a view of the daily price movement (1D) of the ether.fi (ETHFI) token.

The price movement started from around $0.7814, showing a slight decrease at the beginning of the period, which is indicated by the red zone in the chart. However, starting in the early hours of May 11, there was a gradual and significant increase, which then jumped sharply to a peak around $1,293, before undergoing a slight correction and stabilizing above $1.10.

Fundamental data highlights:

This token experienced an impressive surge of 37.22% within 24 hours.

The community sentiment is very positive with 87% of users being bullish, reflecting the high confidence in ETHFI as a potential asset, especially supported by the surge in trading volume and the growing momentum of its DeFi project.

Also read: Bitcoin reaches $102,000, these 5 Memecoins fly over 40%!

2. Maple Finance (SYRUP) – Up 23.05% in 24 Hours

The chart above shows the daily price movement (1D) of the Maple Finance (SYRUP) token.

The price movement started from a low around $0.2523, then rose sharply and experienced some significant fluctuations throughout the day. Although there was a dip, the price trend continued to show a consistent upward direction until it finally reached a daily high around $0.3124 towards the end of the trading session.

This price increase was supported by several fundamental developments:

The community sentiment was very optimistic, with 89% of votes being bullish, reflecting high confidence in the performance and potential of the Maple Finance project.

The price increase is also supported by positive news such as the listing of the SYRUP token on the Bitget exchange and the introduction of a new syrupUSDC-based yield strategy.

Read also: Pi Network predicted to surge 100% this week? Here are the 3 main reasons!

3. Hivemapper (HONEY) – Soared 22.45% in 24 Hours

The chart above shows the daily price movement (1D) of the Hivemapper (HONEY) token.

The price movement started from a point around $0.02707, with a nearly flat and stagnant movement until the early hours of the morning. Starting at around 3:00 AM, the price surged sharply and peaked above $0.04, before correcting and stabilizing at around $0.033 towards the end of the session.

This surge in price was supported by several fundamental factors:

Community sentiment was also very positive, with 84% of votes being bullish, signaling enthusiasm for the movement and potential of the Hivemapper project.

The almost 9-fold surge in volume indicates high market activity and likely increased investor interest in the token.

Conclusion

Bitcoin’s price rise to $103,900 over the weekend was a positive catalyst for the crypto market, prompting altcoins such as ETHFI, SYRUP, and HONEY to jump more than 20% in a short period of time. This surge reflects increasingly optimistic market sentiment and the potential for a continued rally at the start of the trading week.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and

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Other articles published on May 12, 2025