Bitcoin Hits New Heights at $119K While XLM and HBAR Shine in the Altcoin Market
Bitcoin’s recent surge excites investors, but altcoins XLM and HBAR celebrate even stronger gains.
On July 13, 2025, Bitcoin achieved an all-time high of $119,308, but has since dipped to around $118,882, marking a 1.4% increase in the last 24 hours. Meanwhile, altcoins XLM and HBAR have garnered impressive gains, recording 22% and 27%, respectively.
Key Points:
- CoinDesk Data reported that Bitcoin peaked at $119,308 but fell slightly following the highs.
- XLM experienced a surge, reaching $0.4815 but currently sits at $0.4578.
- HBAR reached a peak of $0.2516, now trading at approximately $0.2439.
The news was juxtaposed with President Donald Trump’s announcement of new tariffs on imports from the EU and Mexico. Although these headlines stirred the market, optimism remains high among analysts predicting significant end-of-year price increases for Bitcoin, with estimates ranging from $150,000 to $250,000, according to Fundstrat’s CIO, Thomas Lee.
Crypto analyst Rekt Capital has noted that HBAR’s recent rally aligns closely with its previous price cycles, indicating continued upward momentum. If even slight adjustments in Bitcoin’s market dominance can lead to substantial gains in altcoins, significant shifts may lead to accelerated interest in the altcoin sector.
Stay tuned as the market evolves and further announcements unfold.
