---
title: "BTC hits $123K, $5.5B pump launch. SUI soars, leading L1s as TVL hits ATH. ETH proposals on ZK integration. Crypto market cap up $1.2T+ since April lows. Blackrock IBIT hits $80b AUM. $600m sellout for PUMP."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250216999.md"
description: "Bitcoin (BTC) has reached an all-time high of $123K, with a market dominance of 65%. The cryptocurrency market cap has increased by over $1.2 trillion since April lows. SUI leads Layer 1 protocols with a record Total Value Locked (TVL). Blackrock's IBIT has achieved $80 billion in Assets Under Management (AUM). Additionally, a $600 million sellout was noted for PUMP, and ETH is proposing deeper integration with ZK technology."
datetime: "2025-07-26T00:58:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250216999.md)
  - [en](https://longbridge.com/en/news/250216999.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250216999.md)
generator: "portal-rs"
---

# BTC hits $123K, $5.5B pump launch. SUI soars, leading L1s as TVL hits ATH. ETH proposals on ZK integration. Crypto market cap up $1.2T+ since April lows. Blackrock IBIT hits $80b AUM. $600m sellout for PUMP.

Bitcoin (BTC) has surged to new all-time highs, with a dominance of 65%. On July 10, the highest short liquidation in 4 years was recorded. SUI is leading Layer 1 protocols as the Total Value Locked (TVL) reaches an all-time high. Sharplink has acquired $49 million worth of Ethereum (ETH) and has now become the largest ETH holder. ETH has proposed to deepen integration with ZK technology. The cryptocurrency market has added over $1.2 trillion in market capitalization since hitting lows in April. Blackrock's IBIT has become the fastest ever to reach $80 billion in Assets Under Management (AUM). A $600 million sellout was recorded for PUMP.

### Related Stocks

- [SUI.US](https://longbridge.com/en/quote/SUI.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**