Bitcoin News Today: Crypto Market Hits $4 Trillion Bitcoin Dominates 59%

The global crypto market capitalization has reached the $4 trillion milestone for the first time, driven by massive capital inflows, particularly into Bitcoin, which continues to dominate over 59% of the total crypto market valuation. Since January 2024, more than $2 trillion in fresh capital has flowed into the cryptocurrency markets, with Bitcoin capturing over $1.2 trillion of these new investments. While Bitcoin’s momentum has moderated over the past 48 hours, creating opportunities for altcoins like Ethereum and Solana to surge, market analysts continue to project that BTC will maintain its trajectory toward a $142,000 price target.

Bitcoin is currently trading at $118,856 after reaching highs near $123,000 and encountering bearish buy-side liquidity, which has led to rejection and established a mid-range bearish configuration. However, according to CryptoQuant’s analysis, the Short-Term Holder (STH) MVRV indicator suggests additional upside potential for Bitcoin lies ahead. Historical data shows that whenever the STH MVRV reaches approximately 1.35, representing +35% unrealized gains, it typically triggers profit-taking activities, usually followed by short-term price corrections. Currently, BTC remains considerably below that threshold as the present STH MVRV sits around 1.15, indicating Bitcoin still has potential to climb approximately 20% to 25% before reaching that critical MVRV level again.

Furthermore, U.S. President Donald Trump is reportedly preparing to open the $9 trillion American retirement market to investments in Bitcoin and cryptocurrencies. A 20% rally from current levels, pushing BTC above $140,000, remains highly plausible. From a technical perspective, the Bitcoin (BTC/USDT) daily chart displays a consolidation pattern just beneath the crucial $121K resistance zone. The price is trading above the 9-day simple moving average (SMA), indicating sustained bullish momentum. A breakout above this consolidation range would likely trigger a move toward the next major target at $132,286. The RSI at 70.08 signals slightly overbought conditions, although not yet at extreme levels, suggesting that buyers still maintain control. Support is firmly established at $111K, backed by both horizontal structure and proximity to the STH MVRV line at $102,764.29, which often marks a value zone for short-term holders. Overall, the structure leans bullish, and if Bitcoin decisively breaks $121K, it may ignite a strong continuation toward the upper price target. However, a failure to clear resistance could result in another retest of the $111K–$115K support zone.

As Bitcoin appears to be establishing new local highs, early investors are strategically positioning themselves in projects developing on Bitcoin’s blockchain infrastructure. One such BRC-20 project is Bitcoin Hyper (HYPER), which has successfully raised over $3.31 million, with investors contributing more than $600,000 in the past four days. The project’s Layer-2 infrastructure draws attention for its ability to enhance Bitcoin’s speed, scalability, and functional competitiveness. Bitcoin Hyper’s token presale operates on a timed price increase structure. Currently, $HYPER is valued at $0.01225, with the next price adjustment scheduled to occur within six hours. For investors considering early participation in Bitcoin Hyper, the official presale website provides comprehensive information about the Layer-2 infrastructure and opportunities to acquire $HYPER tokens before the upcoming price increase.