Bitcoin Breaks $150,000 All-Time High
On July 26, 2026, the cryptocurrency market reached a milestone. Bitcoin (BTC) broke the $150,000 barrier for the first time during Asian trading hours, hitting a high of $152,300, up over 12% in 24 hours. Ethereum (ETH) followed, breaking the $10,000 psychological level, reaching $10,250, a gain of 15%. Other major coins like XRP, Litecoin (LTC), and Cardano (ADA) also posted double-digit gains.
Driving Factors
Analysts attribute the rally to multiple factors. First, accelerated institutional adoption: over the past month, several multinational companies (including Tesla, MicroStrategy, and Japan's SBI Holdings) announced increased Bitcoin reserves. Second, amid global macroeconomic uncertainty, investors view crypto as a hedge against inflation and fiat devaluation. Additionally, the recent Ethereum "Veracity" upgrade (improving scalability and reducing gas fees) significantly boosted market confidence.
Record Institutional Inflows
According to CoinShares, digital asset investment products saw net inflows of $4.3 billion last week, a record high. Bitcoin products accounted for 85%, Ethereum 12%. Multiple spot ETFs recently approved by the SEC also attracted significant capital.
Technical & On-Chain Data
On-chain data from Glassnode shows that long-term holders (holding >155 days) now control 67.5% of Bitcoin supply, indicating strong holding sentiment. Meanwhile, exchange Bitcoin balances fell to their lowest since 2018, signaling supply tightening. Technical analysts note that Bitcoin has broken above the previous resistance at $136,000, with the next key target at $180,000.
Ethereum Breaks $10,000
Ethereum today broke the $10,000 mark, reaching a new all-time high. The rally is closely tied to the successful implementation of the "Veracity" network upgrade, which introduced sharding and zero-knowledge proofs, increasing transaction speed to over 100,000 TPS and reducing gas fees by over 90%. Ethereum DeFi total value locked (TVL) surged to $300 billion as a result.
Market Optimism Surges
The Crypto Fear & Greed Index hit 88 (extreme greed) today, the highest since 2024. However, analysts warn of short-term pullback risks. Technical indicators show RSI in overbought territory, suggesting a potential 10-15% correction.
Outlook & Investment Strategy
Looking ahead, most institutions predict Bitcoin could challenge $200,000 by year-end. A Citibank report noted that if Bitcoin reaches 10% of gold's market cap, its price would approach $500,000. However, regulatory risks remain: the IRS recently announced stricter crypto tax enforcement, and the EU's MiCA regulation will fully take effect in 2027.
Investors should remain cautious, adopting a dollar-cost averaging strategy, and monitor key events: the Fed's rate decision in August, Ethereum's Devcon in September, and the impact of the U.S. election in Q4. For long-term investors, current prices remain attractive, but short-term chasers should set stop-losses.
Tailan Global Finance will continue tracking market dynamics, providing real-time quotes and in-depth analysis. Follow us for the latest blockchain investment opportunities.
Copyright Notice: This article is original content of Dhaka Bullion. Please contact us for republication permission.