[LIVE] Latest Crypto News, August 14 – Bitcoin Price Hits A New ATH Over $124K: Next Crypto To Explode?

Bitcoin price smashed through a new all-time high of $124,128, gaining 3.58% in the past 24 hours. Its market cap now sits at $2.457 trillion, overtaking Alphabet to become the fifth-largest asset in the world, behind only gold, Apple, Microsoft, and Saudi Aramco. This surge has traders scanning for the next crypto to explode, as capital begins to rotate across the market.

The milestone reinforces Bitcoin’s position as a dominant macro asset, now rivaling the market value of some of the largest corporations in history.

Even Strategy (MicroStrategy) is celebrating the gains.

We hold $77.2 billion of $BTC. All time high. pic.twitter.com/r3Rd7C8PLJ

— Strategy (@Strategy) August 13, 2025

EXPLORE: 20+ Next Crypto to Explode in 2025

Next Crypto To Explode? From Layer-2, Meme, to Exchange Tokens

ETH could climb toward $7,500 if ETF approvals and stablecoin growth continue. Ethereum climbed 3.44% past $4,700, and ADA secured double-digit gains at 18%, while Layer-2 tokens led sector growth — Arbitrum (ARB) and zkSync (ZK) both jumped over 16%. Meme coins also pushed higher, with TRUMP up more than 7% and Fartcoin soaring over 10%.

The day’s biggest winner was OKB, skyrocketing 132.71% after OKX announced a massive token burn. Elsewhere, Google Play unveiled updated rules for crypto wallet developers, exempting non-custodial wallets from certain restrictions.

Meanwhile, USELESS is not staying in the shadows, posting over 50% gains following its listings on Binance US and Coinbase.

The coin is $USELESS and is currently sitting at just over $230M market cap.

CMC Signals called it at $430K when almost nobody was watching.
If you’d timed the top at its ATH of $415M, you would’ve pocketed $48,256.

That’s a 1006x move from our first alert 💥

2/6 pic.twitter.com/N9Ilp9CKrZ

— CoinMarketCap (@CoinMarketCap) August 13, 2025

With Bitcoin at record highs and multiple altcoins showing explosive momentum, the rest of August could offer incredible opportunities — though traders should be ready for strong swings as the market tests new territory.

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Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she’s not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,…
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