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Cryptocurrency News Articles
Bitcoin (BTC) price breaks through $100,00, triggering a new bullish trend
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.
Crypto market sentiment was upbeat again on Sunday as Bitcoin price broke through the $103,900 level, signaling the beginning of a strengthening bullish trend.
However, at least three altcoins soared over 20% in 24 hours.
Ether.fi (ETHFI) – Surged 37.22% in 24 Hours
The chart above shows the daily time span (1D) of the ether.fi (ETHFI) crypto from the CoinMarketCap website.
Currently, the price of ETHFI is at $1.12, with a massive increase of +37.22% in the last 24 hours. The price movement started from around $0.7814, where the price stagnated and dropped slightly at the beginning of the period, characterized by the red zone.
Then, 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.
Among the fundamental data featuring this ether.fi price surge, we can highlight:
* Community sentiment was 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 displays the daily time span (1D) of the Maple Finance token (SYRUP) from the CoinMarketCap website.
Currently, the price of SYRUP is listed at $0.3124, having risen sharply by +23.05% in the last 24 hours. 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.
Supporting fundamental data shows:
* 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 time span (1D) of the Hivemapper token (HONEY) from the CoinMarketCap website.
Currently, the price of HONEY is at $0.03378, registering a significant gain of +22.45% in the last 24 hours. The price movement started from a point around $0.02707, with a 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.
Fundamental information supporting this surge includes:
* 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.
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- Bitcoin (BTC) Nears All-Time Highs at $104K, Boosted by US-China Trade Talks, ETF Inflows, and Easing Inflation Concerns
- May 12, 2025 at 05:20 pm
- Bitcoin is back in the spotlight as it trades close to its all-time high around $104,000, just 5 percent below its peak of $109,350. The rally is picking up pace with better US-China trade talks
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- Pepe (PEPE) Price Prediction: Can the Token Jump to $1 by 2030?
- May 12, 2025 at 05:00 pm
- Pepe price continues to surge in a high-volume environment as investors persist in piling in. The token also surged following Ethereum's ascent and its crossing of the important resistance level at $2,500 for the first time since February.