Tag: rally

Eigen price spikes 33% as EigenLayer leads fresh altcoin rally
- EigenLayer price hovered around $2.03, up by 33% after breaking to highs of $2.09.
- The US Securities and Exchange Commission’s move to approve a rules-based listing standard buoyed altcoins.
- EIGEN price also gained as the Fed cut interest rates,
EigenLayer (EIGEN) is surging. Its price hovers near $2.03, currently up by 33% in 24 hours as a broader rally boosts altcoins.

The cryptocurrency market is witnessing a notable resurgence amid the Federal Reserve’s monetary policy decision and a key regulatory win for altcoins.

EigenLayer price jumps 33% to retest key level

As most altcoins posted minor gains in early trading on Thursday, EigenLayer’s EIGEN token experienced a dramatic 33% price increase.

The EIGEN token climbed from lows of $1.50 to hit highs of $2.09, with the sharp uptick marking a significant continuation following a breakout of a descending triangle pattern.

Some catalysts of the uptick include partnerships and integrations, regulatory developments and macroeconomic indicators.

For instance, on September 17, 2025, the US Securities and Exchange Commission approved generic listing standards for commodity-based trust shares.

It means the regulator is adopting a rules-based approach that will streamline the approval process for exchange-traded products on platforms like the NYSE, Nasdaq, and Cboe Global Markets.

BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under ’33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins. pic.twitter.com/E9FXrniXRS

— Eric Balchunas (@EricBalchunas) September 17, 2025

EIGEN gained ground as the Federal Reserve’s rate cut supported broader risk sentiment, while optimism has also been fueled by EigenLayer’s recent partnership with Google.

In the past 24 hours, trading in the protocol’s native token surged, with volumes topping \$427 million — a 260% jump alongside a sharp pickup in activity.

Crypto rally: EIGEN leads altcoin surge

EIGEN’s impressive performance is not occurring in isolation; it is leading a fresh wave of enthusiasm across altcoins, particularly those within the Ethereum ecosystem.

Tokens associated with layer-2 solutions, DeFi protocols, and restaking mechanisms have seen gains ranging from 10% to 25% in the past 24 hours.

Ethereum-linked projects are regaining prominence after months of Bitcoin-led momentum, with EigenLayer at the forefront through a string of new partnerships.

The protocol has recently expanded ties with Moonbeam and Aethir, while also joining forces with Google.

As part of that collaboration, EigenCloud is serving as a launch partner for Google Cloud’s new Agent Payments Protocol (AP2), underscoring the project’s growing role in Ethereum’s broader ecosystem.

$EIGEN PUMPED 40% TODAY 🚀

Why?
• Google’s AP2 makes Eigen the default infra for every AI agent transaction.
• Google, Coinbase, PayPal, AmEx already routing through it.

At $700M mcap, Eigen just became the trust layer of the agent economy 🔥 pic.twitter.com/psqJyCmEtg

— Wise Advice (@wiseadvicesumit) September 18, 2025

“AP2 helps create a global verifiable economy where agents can coordinate, transact, and prove their actions to humans and to each other. EigenCloud makes sure they are held accountable by any counterparty,” said EigenLayer founder Sreeram Kannan.

Other altcoins to rally amid the latest surge include EtherFi and Lido DAO, both boasting double-digit gains in the past 24 hours.

Polkadot, Bitcoin Cash, Sui and NEAR Protocol are some of the altcoins to outpace the broader market and peers as altcoins signal new momentum.

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September 18, 2025
Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook
- Bitcoin rallies over 4%, fueled by hopes of a Fed rate cut.
- Solana, Dogecoin, and XRP gain momentum on upgrades and ETF excitement.
- Token unlocks and Fed easing are set to reshape crypto markets this quarter.
Crypto markets woke up on Wednesday with a spring in their step, charging higher as investors braced for a major central bank event.

Bitcoin set the pace, rallying over 4% to clear the $116,000 mark, fueled in large part by growing bets that the US Federal Reserve is finally ready to deliver an interest rate cut on Wednesday.

As rate-cut speculation took center stage, Bitcoin’s market cap soared to well over $2 trillion, cementing the number-one crypto’s dominance after weeks of volatile swings.

Markets eye Fed-driven breakout

Ethereum, the world’s top smart-contract platform, held strong above the $4,500 threshold. Investors have been piling into ETH on prospects for a supply squeeze, as well as ongoing accumulation by institutional players positioning ahead of the Fed’s meeting.

Traders argued that a successful breakout above the stubborn $4,800 technical resistance could spark a new phase of risk-on flows across crypto, especially if macro conditions cooperate in the coming weeks.

Solana added even more energy to the rally, gliding near $240, as a string of protocol upgrades and surging developer momentum fueled optimism about the network’s long-term prospects.

Major exchanges reported large spot inflows, and Solana’s rapid-fire transaction speeds kept it in the conversation as a serious contender among the leading altcoins.

Meme-friendly Dogecoin, ever the wild card, hovered around $0.27, down slightly on the day, but still up more than 100% from a year ago.

Increased social activity and new integrations have helped Dogecoin keep its playful reputation, as trade volumes remain lively whenever the broader market shifts.

Meanwhile, XRP is holding just under $3, stuck in a tight range as markets anxiously anticipate the launch of the first US spot XRP ETF on September 18.

Speculation around the ETF’s potential inflows and its possible effect on price has helped XRP stay in focus despite the broader sector’s roller-coaster action.

Technical watchers say a rally through $3.18 could unleash a new round of bullish momentum for Ripple’s token.

Crypto industry poised for Q4 shakeup

It isn’t just price charts and volatility levels dictating sentiment this week: all eyes remain locked on Washington as the US Federal Reserve kicks off its most consequential policy meeting in recent memory.

With inflation trending lower and unemployment ticking up, markets broadly expect Fed Chair Jerome Powell to announce a 25 basis point rate cut, the first since 2020.

For crypto, where high-growth bets are directly tied to easier money, the Fed’s pivot could drive a decisive shift in market psychology.

“Fed easing typically gives permission for the crypto rally to keep going,” said one strategist.

Many in the industry expect fresh liquidity to spark increased inflows, particularly into blue-chip tokens like Bitcoin and Ethereum, and may even encourage more institutional adoption as risk appetite returns.

Away from the Fed drama, September is seeing a tidal wave of token unlocks, as over $4.5 billion in coins come into circulation across high-profile projects like Sui, Aptos, Ethena, and Arbitrum.

While some worry about the impact of new supply, others view it as a crucial stress test for market depth and investor demand.

Finally, excitement around the pending debut of the first US-based spot XRP ETF may mark a turning point for altcoins.

If the ETF attracts robust inflows, along the lines of Bitcoin and Ethereum ETFs launched earlier this year, it could shift the narrative and trigger sustained price rallies in the sector.

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September 17, 2025
Bitcoin price braces for liftoff: Can a Fed’s rate cut spark a $200K rally?
- Fed rate cut hopes fuel optimism for a powerful Q4 Bitcoin price rally.
- Whales, ETFs, and PayPal integration boost institutional demand.
- Analysts see BTC hitting $140K–$200K this year, with $250K possible if flows persist.
Bitcoin is once again at a crossroads. After touching an all-time high of $124,128 in August, the price of the world’s largest cryptocurrency has pulled back to trade just below $115,000.

But the pullback has done little to dampen enthusiasm.

With a Federal Reserve interest rate cut now widely expected, optimism is building that Bitcoin could be gearing up for its next explosive leg higher, possibly toward $200,000 and beyond.

Over the recent days, the price has been stuck in a narrow band between $114,000 and $116,000 for the past week.

Market analysis hints at $115,000 being a critical resistance level that will shape the next major move.

According to analysts at CoinLore, if Bitcoin clears $116,000 and holds above $117,500, it could unlock a rally toward the $122,000–$130,000 range in the short term and $135,000 or even $140,000 in the long term.

Fed decision looms large

Notably, the immediate catalyst for a BTC price breakout could come as soon as September 17, when the Fed is expected to cut interest rates.

Lower borrowing costs generally boost liquidity and favour risk assets such as crypto.

Sean Dawson, head of research at Derive, in a note to investors, told investors that the market is “only halfway through what could be a very powerful Q4 rally.”

He predicts Bitcoin’s price could reach $140,000 by year-end, with $200,000 as a conservative cycle peak if institutional flows continue.

Options data supports this bullish trend with Deribit showing heavy open interest clustered between $140,000 and $200,000 for December contracts, with calls outnumbering puts.

At the same time, US spot Bitcoin exchange-traded funds (ETFs) have seen $2.3 billion in inflows over the past five days, underscoring robust institutional demand.

Whales and institutions step in

On-chain data indicates that whales have resumed accumulation, adding to the buying pressure. Stablecoin liquidity and steady ETF inflows are providing additional fuel.

Volatility, however, remains likely because the market depth near resistance is thin, although whales and large holders could anchor Bitcoin’s next surge.

Institutional positioning is also strengthening, with PayPal recently announcing plans to integrate Bitcoin (BTC) and Ethereum (ETH) into its revamped peer-to-peer (P2P) payment system, allowing users to send crypto across PayPal, Venmo, and other wallets.

PayPal’s move signals a step toward mainstream adoption and adds to the narrative that Bitcoin is becoming more deeply embedded in global payments.

Galaxy Digital’s Mike Novogratz signals an altcoin season

While Bitcoin consolidates, altcoins are drawing attention.

Galaxy Digital’s Mike Novogratz argues that the “real fireworks” are in alternative assets and corporate treasuries tied to coins like Solana (SOL).

Novogratz pointed to Forward Industries’ $1.6 billion raise as evidence of fresh institutional capital flowing into crypto outside of Bitcoin.

Even so, Novogratz insists Bitcoin remains “digital gold” with a long-term trajectory that points higher.

Wall Street’s interest is also growing, with Nasdaq recently filing to list tokenised versions of stocks and ETFs on-chain, while SEC Chair Paul Atkins has pledged to “move all markets on-chain.”

Together with faster, more secure blockchains, the regulatory pivot is laying the groundwork for broader adoption across traditional finance.

So, can Bitcoin’s price really hit $200,000?

Despite an 8% pullback from August’s high, sentiment remains firmly bullish.

Industry voices from Arthur Hayes to analysts at Bitwise, Bernstein, and Standard Chartered have all predicted Bitcoin will reach at least $200,000 this cycle.

Hayes goes further, projecting $250,000, while Coinbase CEO Brian Armstrong sees the possibility of $1 million Bitcoin by 2030.

I think we’ll see $1M per bitcoin by 2030.

Regulatory clarity is finally emerging, the US government is keeping a BTC reserve, there’s a growing interest for crypto ETFs, among many other factors.

(Not financial advice of course, it’s impossible to guarantee) pic.twitter.com/w5EfcYFvVp

— Brian Armstrong (@brian_armstrong) August 20, 2025

Sceptics, however, warn that heavy leverage in derivatives and potential whale sell-offs could spark turbulence.

But falling rates, strong ETF inflows, and corporate adoption are fueling expectations that this is not the cycle top.

Instead, traders and institutions alike are preparing for Bitcoin’s next move, with $200,000 now firmly in view.

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September 15, 2025
Ondo surges as RWA growth fuels price rally
- Ondo (ONDO) price hovered above $1.00 as bulls looked to break from a downtrend.
- The real-world asset tokenization platform’s traction and milestones in total value locked have aligned with gains.
- Ondo Finance is one of the leading RWA platforms in the market.
With ONDO trading to an intraday high above $1.13 with a 5.8% gain over the past 24 hours, buying pressure may see bulls target a breakout above $1.2 and aim for $2.00.

This outlook and surge coincides with Ondo Finance’s TVL soaring to over $1.5 billion as the RWA market rallies..

Ondo TVL hits $1.5 billion amid RWA traction

The Ondo token jumped to $1.13 on Friday, with gains taking it to its highest level in over a month.

Ondo bulls have rallied 16% in the past week, cutting monthly losses and allowing for a potential technical breakout after breaking its downtrend.

Per DeFiLlama, this has come as Ondo Finance’s TVL rose, and it crossed the $1.5 billion mark to reach highs of $1.57 billion.

The protocol’s accelerating role in the RWA sector has helped this outlook, with Ondo’s tokenized products key to the growth.

Surging demand for Ondo’s flagship products, such as OUSG, a tokenized short-term US Treasury fund, and USDY, a yield-bearing stablecoin, are the main drivers.

Upside for RWA tokens has elevated the market cap for these assets to over $75 billion, while adoption of tokenized assets has pushed RWA onchain value to more than $29 billion.

According to RWA.xyz, Ondo’s OUSG and USDY account for about $1.4 billion, with $729 million and $657 million in the two assets respectively.

Ondo’s TVL achievement and RWA traction aligns with a surge in demand for tokenized asset investment opportunities across Wall Street.

Ondo price targets $2 amid potential technical breakout

The TVL surge has ignited bullish sentiment for ONDO, with analysts eyeing a price target of $2 in the short term.

Having aggressively bounced from recent lows, the breakout to above $1 gives buyers the upper hand.

In this case, further gains will allow them to target Ondo’s all-time high of $2.14 set in December 2024.

Ondo price chart by TradingView

However, bulls may first have to navigate initial robust resistance around $1.14.

If this works, a potential rally to above $2 and the target of $2.4 could follow.

Bulls will be helped by the broader market conditions, regulatory shifts and institutional endorsements.

The collaboration with World Liberty Financial and integrations with BlackRock’s BUIDL Fund speak to this possibility.

The ascent to $1.5 billion in TVL aligns with Ondo DeFi’s maturation, including in bridging yield-generating assets with blockchain efficiency. Global potential of RWAs is another likely catalyst for Ondo.

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September 12, 2025
A crypto crutch for Tesla? How a 30% Bitcoin rally is propping up a challenging earnings picture
- Tesla’s Bitcoin (BTC) holdings are now worth ~$1.2 billion after a 30% BTC price rally in Q2.
- A new US accounting rule (FASB) now allows Tesla to report the fair market value of its crypto holdings quarterly.
- Tesla has not bought or sold any Bitcoin for eight straight quarters, with its holdings unchanged at a cost basis of $184M.
Tesla’s significant Bitcoin holdings are now worth approximately $1.2 billion, thanks to a powerful 30% rally in the cryptocurrency’s price during the second quarter of this year.

This paper gain, highlighted by a recent change in US accounting rules, provides a bright spot in an otherwise challenging earnings report for the electric vehicle giant, which saw its core automotive revenue decline for a second straight quarter.

According to its latest earnings report, Tesla’s Bitcoin stash has benefited significantly from the crypto market’s recent strength. Bitcoin is currently trading at around $118,000, a substantial increase from its price of $83,000 on April 1.

Based on data from BitcoinTreasuries.Net, which lists Tesla as holding 11,509 BTC, the automaker is the tenth largest publicly traded company to hold the crypto asset on its balance sheet.

This gain is now more visible to investors due to a new rule approved by the Financial Accounting Standards Board (FASB). Effective from the first quarter of 2025, the rule allows companies to report the fair market value of their crypto holdings each quarter.

Previously, corporate holders like Tesla were required to report their crypto assets at the lowest value they reached during the holding period, a method that often failed to reflect market recoveries.

This meant that even if Bitcoin’s price rebounded, those gains would not be reflected on the balance sheet.

Now, Tesla’s Bitcoin gains can be recognized each quarter, providing shareholders with a much clearer view of the asset’s performance.

While its crypto holdings have appreciated, Tesla’s core business is facing significant headwinds.

The company reported second-quarter revenue of $22.5 billion, which, according to one set of figures in the source text, missed analyst estimates of $22.74 billion.

Adjusted earnings per share of $0.40 also reportedly fell below the expected $0.43.

A clear point of weakness was the company’s automotive revenue, which fell by 16% year-over-year, marking the second consecutive quarterly decline.

This follows a report from early July, in which Tesla had already disclosed a 14% drop in its Q2 vehicle deliveries, to 384,000 units.

The company’s stock performance reflects these struggles. Shares of TSLA are down roughly 18% this year, a stark underperformance compared to other big tech names and the broader Nasdaq Composite, which is up about 9% in 2025.

Adding to its challenges, Tesla has delayed its affordable “Model 2” EV, leaving the field open for its rivals.

Chinese EV makers, in particular, are aggressively pushing cheaper, tech-laden vehicles that are steadily eating into Tesla’s global market share.

The sound of silence: Tesla’s unchanged Bitcoin treasury

Despite the significant market value of its crypto holdings, Tesla did not mention Bitcoin once in its second-quarter 2025 financial filing.

This silence is not new. The company has not added to or sold any of its Bitcoin for eight consecutive quarters.

According to the 10-Q form filed with the SEC on July 23, the company’s digital asset holdings remain unchanged at a cost basis of $184 million, the same value it reported in the first quarter of 2024, with no impairment losses or gains noted this time either.

Tesla had initially made a bold move into the crypto space, purchasing $1.5 billion worth of Bitcoin in early 2021. Since then, however, it has sold off the majority of its holdings, with the last major sale occurring in the second quarter of 2022, when it offloaded roughly 75% of its BTC stash.

Despite the recent financial and political turbulence surrounding the company, Tesla appears to be holding firm on its current crypto position—for now.

But with mounting pressure from declining revenues and various reputational hits, investors will be watching closely for any future changes to the company’s digital asset strategy.

Following the earnings release, shares of TSLA were up a slight 0.71% in post-market trading, with the stock trading at $331.56.

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July 24, 2025
Why is ZK proof altcoin Lagrange (LA) dropping amid a rally in crypto market
- Lagrange (LA) drops 22% despite Binance listing and market rally.
- LA price currently hovers near key support at $0.3902 after a sharp correction.
- The recent price drop follows June’s 216% surge after Coinbase listing.
Lagrange (LA), a zero-knowledge proof altcoin designed to power advanced blockchain computations, is experiencing a sharp price decline even as broader crypto markets enjoy a bullish momentum.

The downturn comes at a time when major coins like Bitcoin (BTC) and Ethereum (ETH) are climbing, leaving investors wondering why Lagrange is bucking the trend so dramatically.

Although the project has been praised for its cutting-edge infrastructure, recent events seem to be reshaping market sentiment around the LA token.

Binance listing triggered unexpected sell-off

Just days ago, Binance, the world’s largest crypto exchange, announced its official support for Lagrange (LA), listing the token on several of its services, including Binance Simple Earn, Convert, Margin, and Buy Crypto.

Contrary to expectations, the news did not boost LA’s price; instead, it marked the beginning of a rapid downturn, with the asset plummeting from a seven-day high of $0.676 on July 9 to $0.416 within 24 hours.

This decline continued into July 11, as Lagrange (LA) shed an additional 12.2% in daily trading, settling at $0.3996 despite the high trading volume of over $164 million.

While exchange listings typically trigger price surges, some analysts suggest that the Binance announcement may have encouraged profit-taking from traders who had anticipated the news.

A brutal 7-day correction

The recent 7-day trend has not been kind to Lagrange, with its price tumbling by over 22%, placing it near a key support zone between $0.3902 and $0.4554.

With broader market sentiment remaining positive, LA’s decline is unusual and hints at token-specific dynamics at play rather than market-wide weakness.

Currently, the altcoin is hovering just above a crucial technical level at $0.3902, and failure to hold this support could lead to further downside.

However, if buyers manage to regain control, analysts say a short-term rebound toward $0.4800 or even $0.5000 remains within reach.

Notably, the decline follows a recent rally in June, when LA surged by over 216% after being listed on Coinbase, rising from $0.253 to $1.50 in just a day.

That spike, while impressive, may have set the stage for a correction, especially with the token hitting an all-time high of $1.72 on June 6 before reversing course.

Since then, LA has dropped nearly 77% from its peak, creating growing concerns among traders about the sustainability of its gains.

This rapid boom-and-bust cycle has made LA a volatile token to watch, particularly for short-term traders navigating resistance and support zones.

Where does Lagrange (LA) go from here?

While Lagrange’s recent price trajectory is troubling for holders, the asset is approaching technical levels that could invite fresh buying interest.

Should Lagrange (LA) maintain support above $0.3900, there is potential for a modest rebound in the short term, particularly if positive momentum from the broader market spills over.

On the other hand, a breakdown below this level could lead to increased selling pressure, potentially pushing the token toward new lows.

For now, investors are advised to watch market signals closely and weigh the risks of volatility against the project’s strong technological foundation.

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July 11, 2025
PEPE gains 15%, leading top memecoins as WIF and BONK eye a rally
- Pepe price has jumped 15% in the past 24 hours to lead top memecoins.
- Dogwifhat price breaks above $1, hitting highs of $1.07 as bulls eye fresh gains above the psychological level.
- BONK is up 41% in the past week, and the latest move extends its recent gains.
As Bitcoin attracts headlines with a massive spike to a new all-time high, tokens like Pepe (PEPE) are outpacing peers to lead memecoins higher.

The cryptocurrency market’s bullish flip has also seen Dogwifhat (WIF) and Bonk (BONK) show signs of further gains.

PEPE’s bounce and WIF, BONK’s uptick coincides with Bitcoin breaking above $118,000 and Ethereum’s spike to above $3,000.

Omni Network rose sharply while Sei traded higher as one of the top altcoins under $1.

BTC and ETH recorded huge fund inflows as prices rose.

Analysts say the gains for BTC highlights strong market sentiment and excitement.

“Bitcoin trades at $118,000 this morning, marking a fresh all-time high. The rally reflects both market excitement and a foundation of strong macro drivers beneath the surface. One key catalyst is renewed frontloading by global manufacturers. Tariff threats are driving firms to import early and draw down credit, echoing past cycles of policy uncertainty,” the analysts posted on X.

Pepe surges 15% to lead top memecoins

Pepe (PEPE), a frog-themed memecoin, has emerged as the frontrunner in the current memecoin rally, posting a 15% gain in just 24 hours.

PEPE price chart by CoinMarketCap

Currently ranked among the top 30 cryptocurrencies by market capitalization, PEPE’s price has spiked by more than 31% in the past week. The upside sees PEPE break out of a falling wedge pattern, a bullish technical signal that suggests another leg up.

Notably, the memecoin’s trading has surged 70% to $2.35 billion in the past 24 hours. The Pepe price reached $0.000013, about 54% off its all-time high above $0.000028.

Bulls could eye this amid upward momentum. However, profitaking risk means bears might yet revisit support levels.

Dogwifhat price breaks above $1 – a psychological level

Dogwifhat (WIF), a Solana-based memecoin, has broken above the $1 mark. Per CoinMarketCap, WIF reached highs of $1.07, surpassing the key psychological level for the first time since early June.

WIF price chart by CoinMarketCap

WIF’s price surged by 8% in the past 24 hours builds on its 20% gain over the week.

The token’s rise aligns with a spike in trading volume. Dogwifhat’s daily volume is up 39% to over $712 million amid broader crypto market optimism.

The memecoin could target higher resistance levels if buying pressure persists. However, its recent dip to $0.85 highlights it as a potential support level.

BONK price extends weekly gains to 41%

Bonk (BONK), another Solana-based memecoin, has gained an impressive 41% over the past week. The token traded to intraday highs of $0.000024 as memecoins mirrored Bitcoin’s rally.

BONK price chart by CoinMarketCap

The memecoin is eyeing gains amid the sector’s recent performance that signals possible upward movement.

As Bitcoin and Ethereum continue to drive market sentiment, BONK may look to break to the all-time highs of $0.00005916 seen in November 2024.

As Bitcoin price hits new highs, altcoins and memecoins are benefiting from the spillover effect, with PEPE, WIF, and BONK among top gains

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July 11, 2025
Bitcoin hits record high of $112,055; crypto stocks rally in response

Bitcoin has once again smashed through its previous records, surging past the $112,000 mark for the first time in its history to set a new all-time high on July 9.

The milestone represents a significant achievement for the leading cryptocurrency as it continues to recover from the market aftershocks of US President Donald Trump’s tariff policies and solidifies its position in an evolving financial landscape.

As the broader crypto market continues its recovery, Bitcoin (BTC) hit a new record high of $112,055 on Tuesday. This fresh peak surpasses the previous all-time high of $111,970.17, which was set on May 22.

The digital asset has been trading in a volatile range since then, with the area around the $110,000 level proving to be a significant psychological and technical barrier.

Over the past several weeks, each time Bitcoin’s price neared this level, it was met with a combination of profit-taking from existing holders and increased pressure from short-sellers.

This latest decisive break suggests a new wave of bullish momentum has taken hold.

The journey of Bitcoin, first introduced in a 2008 white paper by its pseudonymous creator, Satoshi Nakamoto, has been remarkable.

Launched in 2009 as the world’s first decentralized cryptocurrency, it has grown to become the largest digital asset, with a current market capitalization of $2.18 trillion.

At the time of this report, Bitcoin accounted for nearly 65% of the total crypto market capitalization of $3.4 trillion.

From crossing the $100 mark in April 2013 to the $1,000 mark in November of that same year, its path has been marked by staggering growth.

It first hit the $10,000 level in November 2017 and reached a memorable peak of $69,000 in November 2021.

Following President Trump’s victory in his second presidential election, it set a new all-time high of $76,999 in early November 2024, before crossing the landmark $100,000 target in early December 2024.

The institutional bedrock: a maturing market

A key factor underpinning Bitcoin’s current strength is its growing acceptance within the traditional financial system.

With the Trump administration signaling its validation of Bitcoin through its plan to create a strategic US Bitcoin reserve, and with the continued institutional adoption led by Wall Street giants such as BlackRock (NYSE: BLK), the “king coin” appears to have found a more secure home, at least for now, within the US financial ecosystem.

BlackRock’s iShares Bitcoin Trust, a prime example of this institutional integration, now currently owns 3.5% of the total supply of Bitcoin.

The success of this and other spot Bitcoin ETFs has had a profound effect on institutional investment and has likely influenced the broader market optimism.

A quiet build-up, a bullish setup?

While the new all-time high is a headline-grabbing event, some market watchers have noted that the build-up to this moment has been relatively slow and quiet, which they interpret as a potentially bullish setup for what’s to come.

“Crypto feels so quiet, [while] bitcoin is ready to move,” wrote Charlie Morris, chief investment officer at ByteTree, in a recent report.

Morris pointed out that Bitcoin’s volatility has been steadily declining, a pattern that has historically preceded large upward price movements.

This sentiment was reflected in the performance of crypto-related stocks. Shares of Strategy (MSTR) were higher by 4.4%, trading at $414, just a few dollars shy of its highest level in 2025 (though still well below its record high of $543 set late last year).

Crypto exchange Coinbase (COIN) was ahead by 5%, and Bitcoin miners MARA Holdings (MARA) and Riot Platforms (RIOT) were both up by roughly 6%, all riding the wave of Bitcoin’s record-breaking achievement.

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July 10, 2025
what’s fueling the June crypto rally?
- XRP open interest hits $5 billion, signalling possible breakout.
- Dogecoin jumps above $0.20 as traders rotate into meme tokens.
- Analysts forecast potential highs of $137K for BTC and $12K for ETH in 2025.
The cryptocurrency market is gaining ground again in early June 2025, with Bitcoin, Ethereum, XRP, and Dogecoin all staging notable recoveries.

As of Tuesday, June 3, Bitcoin is trading around $105,000, Ethereum has pushed past $2,600, XRP is testing $2.20, and Dogecoin is holding near $0.20.

The rally follows a weekend of sharp liquidations and reflects renewed appetite among retail and institutional traders alike.

While short squeezes and technical momentum are partly behind the surge, broader macroeconomic factors and growing speculation around crypto ETFs are playing a key role in lifting sentiment.

Bitcoin holds firm above $105,000 as whales accumulate

Bitcoin’s price action has rebounded strongly since the end of May, recovering from a series of declines that wiped nearly $1 billion in open interest.

After bottoming out near $101,000, BTC reversed course with four consecutive days of gains, briefly hitting $106,560.

As of writing, Bitcoin is trading at $105,265.

Analysts attribute the rebound to ongoing whale accumulation, with on-chain data showing that large wallets have continued to absorb selling pressure during dips.

Source: CoinMarketCap

That trend, often viewed as a precursor to further rallies, has helped BTC maintain upward momentum despite broader market fatigue.

From a macro perspective, escalating geopolitical tensions and expectations around monetary easing have bolstered Bitcoin’s image as a non-correlated asset.

With central banks signalling policy shifts and the US dollar weakening slightly, Bitcoin is increasingly seen as a hedge against volatility.

Technically, Bitcoin remains supported above $103,000, with upside targets extending to $108,000 in the near term.

If buying pressure continues, models suggest a rally toward $137,000 is possible this month, while long-term forecasts still point to a potential $400,000 valuation by 2030.

Ethereum trades near $2,615, ETF speculation boosts sentiment

Ethereum has rallied over 7% in the past three days, recovering from lows near $2,430 to reach a session high of $2,650.83.

It is currently trading at under $2,610.

Source: CoinMarketCap

Ethereum’s price momentum is supported by growing speculation that the US Securities and Exchange Commission could approve a spot Ethereum ETF in the coming weeks.

In addition to the ETF buzz, the Ethereum Foundation’s recent reorganisation has sparked fresh interest in the blockchain.

A stronger focus on protocol development and staking infrastructure has drawn both institutional and retail inflows.

Ethereum remains above its key moving averages, and chart watchers are eyeing a breakout past $2,810 to trigger further gains.

However, previous attempts to breach that level have failed, suggesting that sustained bullish pressure is needed.

Some models forecast Ethereum could test $6,000 this year, with upside potentially extending to $12,000 if institutional demand increases significantly.

XRP builds pressure above $2.19 as open interest surges

XRP is showing signs of a breakout, with the token climbing nearly 7% from weekend lows and currently hovering near $2.20.

The price reached a daily high of $2.2229 on Tuesday, driven by a sharp increase in derivatives activity. XRP is trading at $2.21 currently.

Source: CoinMarketCap

Data shows open interest in XRP contracts nearing $5 billion, signalling high expectations of a decisive move.

This surge in open positions has fuelled speculation of a short squeeze if prices climb higher.

While XRP has historically seen large price movements during periods of heightened open interest, the absence of a clear catalyst—such as news on Ripple’s legal battle or an ETF approval—makes direction uncertain.

Price models suggest XRP could reach between $4.50 and $10 by year-end if conditions align, though any downside reversal may trigger sharp corrections due to the leveraged nature of current trades.

Dogecoin spikes to $0.2013 as traders rotate into meme coins

Dogecoin is back in the spotlight, reaching an intraday high of $0.2013 after three straight days of gains. It is currently trading around $0.195.

Source: CoinMarketCap

The move reflects a common pattern during broader crypto rallies, where profits from majors like Bitcoin and Ethereum are often redirected into higher-risk meme tokens.

The Bollinger Bands for DOGE are widening, indicating increasing volatility.

Traders are watching resistance near $0.2310 as the next level to break. If DOGE fails to hold support at $0.1900, a retest of $0.17 is possible.

While DOGE remains speculative, short-term technicals suggest room for further upside if market sentiment remains bullish.

What’s driving crypto prices higher today

A mix of factors is behind the rally across major tokens.

These include renewed institutional demand, technical momentum, macroeconomic concerns, and anticipation of regulatory clarity.

The possibility of more ETF approvals and the integration of crypto in traditional finance are also boosting market confidence.

The US Federal Reserve is expected to maintain a dovish stance in the coming months, which has weakened the dollar slightly and increased the appeal of digital assets.

Additionally, falling bond yields and reduced inflation risks have encouraged traders to shift towards alternative investments, including crypto.

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June 3, 2025
Pepe price jumps 40% on Bitcoin rally
- Price broke resistance at $0.000009 amid 150% volume spike.
- Whale accumulation triggered breakout to $0.000011 zone.
- Target levels include $0.00001712, $0.00002118 and potentially $0.00006.
The memecoin market is back in focus after Pepe recorded a dramatic 40% surge in the past 24 hours, outperforming Dogecoin, Shiba Inu, and other top tokens.

The broader altcoin rally followed Bitcoin’s break past the $100,000 level and Ethereum crossing $2,200.

As a result, memecoins are now leading gains across decentralised finance, with some tokens recording double-digit increases in a matter of hours as renewed investor confidence returns.

Pepe, one of the more volatile assets in the segment, has just broken through a critical resistance at $0.000009 amid rising whale accumulation and a 150% jump in trading volumes.

Technical indicators suggest this breakout could lead to a major price discovery phase and potentially a new all-time high for the token.

Whale demand and volume boost fuel breakout

Trading volume for Pepe skyrocketed as larger investors, often called ‘whales’, began accumulating substantial amounts of the token.

The breakout above $0.000009 was seen as a major technical milestone, having acted as a stubborn resistance in the past.

The price move was accompanied by a 150% increase in volume, pointing to strong market interest.

Whale wallets reportedly bought millions of dollars’ worth of Pepe, which helped drive momentum past key price levels.

At the time of writing, Pepe is trading at $0.00001334, having surpassed the $0.000011 range that previously marked the token’s April high.

Source: CoinMarketCap

Technicals point to next leg of bull run

Pepe’s price chart shows a double-bottom reversal formation, with the neckline recently breached. Weekly technical indicators support a bullish continuation.

The Relative Strength Index (RSI) is showing a breakout into overbought territory, while the MACD has flipped bullish with a crossover above the signal line.

The token is currently testing its 200-day moving average on the weekly timeframe.

If it maintains support above this level, analysts suggest a move towards $0.00001712 is possible, followed by a run to $0.00002118.

Beyond that, the chart suggests Pepe could test the resistance channel top at around $0.00006, which would mark a new all-time high and potentially attract fresh speculative capital.

Memecoin sector gains accelerate

The broader memecoin market has seen significant gains in the past day.

BOOK OF MEME jumped 30%, while Fartcoin, Mog Coin, FLOKI, and ApeCoin posted increases between 18% and 20%.

Several others, including popular tokens in the top 100 by market cap, registered 15% gains or more.

The rally is widely viewed as being fuelled by Bitcoin’s strength, which has historically served as a catalyst for speculative altcoins.

Ethereum’s move above $2,200 has also restored confidence in riskier crypto assets, especially tokens with strong community backing like Pepe and others that have experienced prior bull cycles.

Unlike some of the smaller tokens, Pepe has managed to break key resistance with strong on-chain activity.

The bullish divergence across technical indicators hints at sustained buying interest, particularly as the meme sector enters what some traders call a “parabolic” phase with high volatility.

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May 9, 2025