Bitcoin (BTC) reached a new all-time high of $118,287.46 on July 11, 2025, climbing 3.3% in 24 hours, but major altcoins significantly outperformed with double-digit gains. Ethereum (ETH) breached $3,000 for the first time since February, trading at $2,987.55 with a 6.1% daily surge, while XRP jumped 10.4% to $2.75 and Cardano (ADA) soared 12% to $0.73.
Dogecoin (DOGE) rose 12.6% to $0.2086, Stellar (XLM) led gains with a 24.3% spike above $0.37, and Hyperliquid (HYPE) set a record high at $46.45 after an 8.3% increase. NFT and AI sectors dominated niche performances, averaging 16.9% and 10.9% gains respectively, fueled by Pudgy Penguins (PENGU) and Story (IP) tokens.
Analysts cautioned against Bitcoin FOMO, with CrediBULL Crypto noting BTC trades 650% above its accumulation zone and declaring altcoins offer superior risk-reward ratios. Arthur Hayes reversed his bearish stance, forecasting a 'monster alt szn' as his Maelstrom Fund ramped up altcoin exposure. CryptoQuant data revealed the rally stems from strategic accumulation, not speculation, with exchange balances down 21% in four months and MVRV ratios (2.2 vs. 2.7 historically) signaling sustainability.
Weekly performances reinforced the trend: ETH surged 18% versus BTC's 8.9%, ADA climbed 23.7% toward $1, and HYPE gained 19% targeting $50. Over $1 billion in liquidations occurred amid the volatility.