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Crypto Comeback: Bitcoin Breaks $115K as Ethereum and BNB Ignite Double-Digit Rally

Crypto Comeback: Bitcoin Breaks $115K as Ethereum and BNB Ignite Double-Digit Rally

2025-10-13

  • BTC climbed above $115,000 with a 4.32% rise, reinforcing its dominance and setting a bullish tone for the broader market.
  • Ethereum surged 12%, reflecting strong network activity and renewed demand for decentralized applications and smart contract platforms.
  • Binance Coin led the rally, breaking key resistance levels as demand for exchange and DeFi integration continued to expand.

Major cryptocurrencies extended their upward momentum as Bitcoin, Ethereum, and Binance Coin delivered strong performances across the board. Bitcoin’s steady climb above $115,000 provided the market with renewed stability, while Ethereum and Binance Coin surged with double-digit gains. Together, these movements underscored a resurgence in large-cap digital assets, signaling growing confidence in the broader crypto landscape and paving the way for further bullish sentiment.

Bitcoin (BTC) Price Chart

Bitcoin’s price climbed to $115,394, marking a 4.32% gain over the past 24 hours. The chart shows a steady recovery throughout the day, starting from early lows near $109,300 before maintaining a consistent upward trajectory. Momentum strengthened after midday as BTC crossed the $113,000 mark, with minimal pullbacks along the way.

                 Source: phemex.com 

This smooth ascent suggests strong market confidence, likely supported by sustained institutional demand and improving liquidity conditions. The steady incline indicates accumulation rather than speculative surges, which reinforces Bitcoin’s stability as the leading digital asset. Its performance continues to anchor the broader crypto market, setting the tone for bullish sentiment across major cryptocurrencies.

Ethereum (ETH) Price Chart

Ethereum demonstrated a powerful rally, surging 12.02% to trade at $4,146.18. The price remained relatively flat through the early hours, hovering around $3,700, before a significant breakout occurred around 16:00 UTC. This move pushed ETH above $4,000, where it held its gains with strong consolidation afterward.

                                     Source: phemex.com 

The sharp spike reflects growing optimism surrounding Ethereum’s ecosystem, likely tied to increased network activity and rising demand in decentralized applications. The breakout also suggests renewed interest from traders looking to capitalize on momentum within Layer-1 platforms. Ethereum’s strong technical recovery and sustained price above $4,100 underscore its ongoing leadership in the smart contract space.

Binance Coin (BNB) Price Chart

Binance Coin (BNB) delivered the day’s strongest performance among the three, jumping 15.81% to reach $1,301.56. The chart reveals a consistent upward climb beginning near $1,090, with clear breakouts around 09:00 and 15:00 UTC, pushing prices through multiple resistance zones. BNB maintained its momentum into the evening, stabilizing near the $1,300 range.

                            Source: phemex.com 

This rally reflects increasing confidence in the Binance ecosystem and expanding use cases for BNB in decentralized finance and exchange operations. The steep yet stable price ascent indicates broad participation from both retail and institutional segments. With its decisive move above key thresholds, BNB reaffirmed its position as a top-performing altcoin within the large-cap market category.

Overall Market Outlook

Bitcoin, Ethereum, and Binance Coin collectively showcased robust market momentum, signaling a broader resurgence in large-cap cryptocurrencies. BTC’s steady growth highlights sustained capital inflows, while ETH and BNB’s double-digit gains reveal heightened trading enthusiasm. The synchronized rally across these major assets suggests strengthening investor sentiment, potentially setting the stage for continued upside in the near term.

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