XRP Smashes All-Time High As Bitcoin Reclaims $119,000 And Dogecoin, Ethereum Continue Climb

Author: Khyathi Dalal | July 17, 2025 03:47pm

Cryptocurrency markets are trading higher on Thursday, with XRP clipping a new all-time high beyond the $3.40 mark.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$119,899.47
Ethereum	(CRYPTO: ETH)	$3,448.23
Solana	(CRYPTO: SOL)	$175.23
XRP	(CRYPTO: XRP)	$3.36
Dogecoin	(CRYPTO: DOGE)	$0.2150
Shiba Inu	(CRYPTO: SHIB)	$0.00001428

Notable Statistics:

• IntoTheBlock data shows large transaction volume decreasing by 18.2% and daily active addresses falling by 4%. Transactions greater than $100,000 are down from 12,730 to 11,451 in a single day. Exchanges netflows are down by 125.9%.
• Coinglass data reports 142,675 traders were liquidated in the past 24 hours for $478.04 million
• The top gainers in the past 24 hours include Flare (CRYPTO: FLR), Curve DAO Token (CRYPTO: CRV) and Fartcoin (CRYPTO: FARTCOIN).

Notable Developments:

• $344M And Counting: What Is Ripple Co-Founder Chris Larsen Planning With His XRP Transfers?
• Is El Salvador Faking Its Bitcoin Growth? IMF Footnote Sparks New Doubts
• GameSquare Shares Tumble On $70 Million Public Offering To Fuel Crypto Strategy
• $1.5 Billion In One Day: Why Bitcoin And Ethereum ETFs Are Running Wild
• A Dogecoin Treasury Company? Bit Origin Plans To Raise $500 Million To Do Just That

Trader Notes: Crypto trader Jelle pointed out that Bitcoin has just confirmed a 3-day bullish MACD cross — a technical pattern that has historically preceded strong upward moves.

Based on prior occurrences, Jelle expects Bitcoin to rally toward the $130,000–$150,000 range.

3-day bullish MACD cross locked in for #Bitcoin.

Generally results in major pushes higher.

Doubt this time is different. Bring on $130-150k. pic.twitter.com/XEM6tdi6x6

— Jelle (@CryptoJelleNL) July 17, 2025

Crypto Chase emphasized the importance of Bitcoin holding its current support zone (dubbed "the box") to preserve local bullish momentum.

He noted he's still holding half of a long position entered at $111,000, after taking profits at $119,700. Chase isn't planning further trades until a clear setup emerges.

$BTC

Pretty important for the box to hold for local bullishness imo. I'm personally still riding half the long from 111K, half was TP'd at 119.7K.

I'm not in rush to add to position or diddle in the middle here. Simply waiting until price shows me a setup worth taking. pic.twitter.com/0CEB7JVqKk

— Crypto Chase (@Crypto_Chase) July 17, 2025

Daan Crypto Trades added a macro perspective: while Bitcoin has delivered modest returns in June and July, the months of August and September tend to be choppy and illiquid.

August has historically posted only +1.75% average gains, with frequent sharp drops during this period.

However, these corrections often set the stage for October — Bitcoin's strongest month.

He also noted that late-summer boredom or Bitcoin stagnation can lead to sector-specific rallies (e.g., meme coins, AI tokens) as traders rotate into more volatile plays.

Read Next: 

• Bitcoin’s 4-Year Cycle Is Dead, Researcher Says: Here’s Why It Matters For XRP

Image: Shutterstock

Posted In: $BTC $CRV $DOGE $ETH $FLR $SHIB $SOL $XRP