Cryptocurrency Market prices
cryptocurrency market prices and related news
Bitcoin (BTC)
- Bitcoin recently logged its first weekly close above $109,000.
- It is currently testing resistance around $110,000.
- A decisive close above $110,000 could lead to a move toward $112,000, with an extended target near $120,000.
- Support levels are seen at $105,000 and the psychological level of $100,000.
- Bitcoin's trend remains firmly bullish on the weekly chart.
- On the daily chart, the picture is more neutral, with price consolidating near the top of its multi-week range.
- In a previous period, Bitcoin temporarily tested levels below $100,000 due to geopolitical tension but quickly stabilized.
- Bitcoin has shown resilience in holding above $100,000 for several weeks, reinforcing its significance as structural support.
- Spot Bitcoin ETFs saw strong inflows recently, even as some short-term trades unwound.
- Over 800,000 BTC now sit on public company balance sheets, a trend accelerated by 2025's fair-value accounting rule.
- States like California and Texas are exploring Bitcoin’s role in public finance frameworks.
- Previously, Bitcoin was consolidating around the $107,000 level, with the broader trend remaining bullish.
- In March 2025, Bitcoin had a correction from $108,000 to $93,000, and was trading below $83,000, with a resilient support level at $80,000.
- Earlier in April 2024, Bitcoin surged to $72,000 and later rebounded by 3% to over $71,000 after dipping to $68,200.
- The 2024 Bitcoin halving reduced the block reward to 3.125 BTC per block, and the price rose over 31%.
- Ethereum is steadily gaining institutional favor, with last week marking its 11th straight week of inflows, adding $226 million.
- The yearly total for Ethereum inflows is above $3 billion.
- Ethereum is outpacing Bitcoin on a relative basis, with inflows averaging 1.6% of total assets under management.
- Its growing role in powering tokenized real-world assets is strengthening its long-term appeal.
- Previously, ETH outperformed BTC in the past week.
- Ethereum wallets holding 1,000–100,000 ETH added 1.49 million ETH ($3.79 billion) over the past month.
- Spot ETH ETFs posted $1.37 billion in inflows over a 19-day streak, though this streak ended with a modest $2.1 million outflow.
- Earlier, Ethereum (ETH) was trading flat around the $1,900 mark, with analysts highlighting strong support at $1,886.
- The anticipated Pectra upgrade could serve as a propeller for Ethereum’s price recovery.
- Standard Chartered projects ETH at $4,000 by the end of 2025, and higher in 2026 and 2027.
- Bloomberg Intelligence suggests the odds of approval for Solana ETFs by October now stand at 90% or higher.
- A Solana ETF could offer a smoother launch path than Litecoin, due to minimal trust supply.
- Franklin Templeton recently filed an application with the SEC to list a Solana ETF.
- Hashdex has amended its S-1 regulatory filing to include Solana in its crypto index ETF.
- The much-anticipated Firedancer update from Jump Crypto is set to enhance transaction speeds and resilience for Solana's network.
- In October 2024, analysts predicted Solana could reach between $160 and $180, with a strong $110 support level.
- Solana's total value locked (TVL) had climbed to a multi-month high of $5.5B.
- XRP saw a nearly 10% price rally in seven days, following Ripple securing a full license from the Dubai Financial Services Authority (DFSA).
- Stablecoins have become crypto’s killer app, powering over $1.42 trillion in monthly volume on Ethereum.
- They have a total market cap north of $250 billion.
- Uber’s CEO recently called stablecoins a “practical benefit” beyond speculation.
- Apple, Airbnb, and others are exploring their use to reduce fees and simplify cross-border payments.
- The U.S. Senate has passed the GENIUS Act, the first federal framework for dollar-pegged stablecoins.
- Treasury Secretary Scott Bessent projects the stablecoin market could soar past $2 trillion.
- In April 2024, the surge in stablecoins, then at a record $169B, was fueling liquidity for Bitcoin’s potential rally.
- The tokenized real-world asset (RWA) market surged over 260% to $23 billion in the first half of 2025.
- The QCD Money Market Fund (QCDT), the first tokenized money-market fund officially launched in the DIFC, was approved by Dubai’s DFSA.
- According to a report by Ripple and BCG, the global RWA tokenization market could reach $18.9 trillion by 2033.
- South Korea is preparing to launch spot crypto ETFs in 2025.
- EIGEN, the native token of the Ethereum-based restaking protocol EigenLayer, launched on October 1, 2024.
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