Price Analysis

Crypto Prices Today: Bitcoin Price at $108,571, XRP Up 2.4%, ETH Soars 2.31%

Crypto Prices Today Rally Slightly as Bitcoin Nears $109,000 and Altcoins React to SEC ETF Approvals and US Sanctions Buzz

Written By : Aayushi Jain
Reviewed By : Sankha Ghosh

Key Takeaways

  • Bitcoin holds steady at $108,571.49, up 0.51%, as ETF inflows lift sentiment.

  • Ethereum jumps 2.31% to $2,602.92, reflecting broader altcoin enthusiasm.

  • North Korean crypto infiltration network sanctioned by US Treasury.

  • Solana futures top $4B in volume on CME, signaling surging institutional interest.

Crypto prices today reflect renewed optimism amid increasing global adoption and promising regulatory signals from US authorities. The global market cap rose 0.93% to $3.36 trillion as of 10.59 AM on July 9, 2025. Bitcoin price is moving towards the crucial resistance level of $109,000 mark. Other top altcoins have followed suit, ending the day in the green. 

Crypto Prices Today

Let’s see how the top cryptocurrencies of the world performed today.

Bitcoin Holds Ground Amid ETF Inflows and Strategic Adoption

Bitcoin price today is $108,571.49, representing a 0.51% gain in the past 24 hours. It boasts a market capitalization of $2.15 trillion, with a daily trading volume of $42.49 billion.

According to SoSoValue, spot Bitcoin ETFs saw a net inflow of $80.08 million on July 8, bringing total cumulative inflows to $49.94 billion. The ETFs now manage assets worth $136.75 billion, representing 6.33% of Bitcoin’s total market cap. 

Ethereum Climbs to $2,602 as Altcoin Sentiment Strengthens

Ethereum price is currently at $2,602.92, with a 2.31% increase. It has a market cap of $314.21 billion and a daily volume of $17.31 billion. Ethereum is benefiting from increased confidence in the altcoin sector.

XRP and Solana Surge on ETF Speculation

XRP is up 2.40%, now priced at $2.32, with a market cap of $137 billion. Bloomberg analyst Eric Balchunas estimates a 95% chance the SEC will approve ETFs for XRP, Solana, and Litecoin soon.

Solana rose 1.44% to $151.19, as CME Group reports over $4 billion in SOL futures volume. The REX-Osprey SOL ETF added $21 million on July 8, bringing its four-day inflow total to $41.2 million.

Other Major Altcoins Record Moderate Gains

Investor  enthusiasm is at its peak, as reflected by top altcoins’ performance today:

BNB (BNB): It is up 0.39% at $662.14 with a market cap of $93.28 billion.

Dogecoin (DOGE): The influencer favourite memecoin has seen a hike of 2.07% to $0.1712. Its market cap stands at $25.68 billion.

Cardano (ADA): The token has risen 2.04% today to $0.5889 at a market cap of $20.84 billion.

TRON (TRX): It is up 0.15% at $0.2877 with a market cap of $27.26 billion.

Stablecoins Hold Steady Amid Market Volatility

The two popular stablecoins have held their pegs: 

Tether (USDT): It is stable at $1.00 with a 24-hour volume of $60.11 billion.

USD Coin (USDC): The token has seen a slight dip to $0.9998 with $8.22 billion in volume.

Also Read: Tornado Cash Appeal Dropped: US Court Ends Coin Center Lawsuit

What’s Driving Crypto Prices Today?

The following global headlines have impacted the market movement of world’s top ten cryptocurrencies today:

US Sanctions North Korean Crypto Infiltration Network 

The US Treasury's Office of Foreign Assets Control (OFAC) alleged that some North Korean actors created a ring of IT workers to infiltrate US crypto companies. The authority, as a result, has sanctioned North Korean Song Kum Hyok and Russian national Gayk Asatryan, along with four Russian entities.

“Treasury remains committed to using all available tools to disrupt the Kim regime’s efforts to circumvent sanctions through its digital asset theft,” said Deputy Secretary Michael Faulkender.

This follows reports that North Korea’s tactics are shifting to deception-based crypto exploits. Thus, moving beyond traditional hacking methods.

Japanese Companies Increase Crypto Adoption

Japanese firm Metaplanet continues its BTC-heavy strategy. CEO Simon Gerovich stated, “We think of it as a Bitcoin gold rush… We need to accumulate as much Bitcoin as we can... to get to a point where we’ve reached escape velocity.” Metaplanet plans to use Bitcoin as collateral to acquire revenue-generating businesses, potentially including a digital bank in Japan.

Takashi Tashiro, CEO of Remixpoint, a Japanese energy firm, has also announced that he will receive his full salary in Bitcoin. “We plan to acquire Bitcoin (BTC) equivalent to the same amount… and deliver it to the crypto asset wallet designated by the President and CEO,” the company stated. The initiative marks a strategic shift as Remixpoint integrates Bitcoin at the core of its financial operations.

SEC Eyes Fast-Track Crypto ETF Listing Framework

According to journalist Eleanor Terrett, the SEC is collaborating with exchanges to implement a unified ETF listing process. This would allow crypto ETFs to bypass the 19b-4 procedure and be approved within 75 days. The move aims to simplify approval and reduce delays for altcoin ETFs.

Canada’s First Bitcoin Gateway Launched by BVCU

Bow Valley Credit Union (BVCU) in Alberta has launched Canada’s first Bitcoin Gateway. It will allow customers to purchase BTC directly through bank accounts. Supported by Balance and Bull Bitcoin, the service is currently limited to Alberta but may expand nationwide.

Conclusion

Crypto prices today reflect cautious optimism driven by ETF momentum, enforcement actions, and corporate adoption. Bitcoin remains stable, while Ethereum and XRP outperform on hopes of regulatory clarity. Solana futures and ETF flows signal increased institutional activity. Sanctions targeting illicit crypto activity and lawmakers showing signs of coordination have boosted sentiment.

Speaking about the market scenario, Avinash Shekhar, Co-founder and CEO of Pi42, explained, “Institutional interest remains intact, with continued exchange outflows indicating ongoing accumulation. Futures data points to a bullish bias, and long-term holders are steadily increasing positions, reinforcing confidence in the broader uptrend.” Traders should closely monitor ETF decisions and regulatory updates.

Also Read: Crypto Market Update: SEC Pushes Solana ETF, EU Questions Robinhood, Tornado Cash Legal Battle Ends

FAQs

1. What is Bitcoin price today, and what factors are influencing its movement?

Bitcoin is currently trading near $108,571.49, holding steady with a slight gain. Its movement is heavily influenced by significant spot Bitcoin ETF inflows and strong institutional interest with Solana futures. Corporate adoption, like Metaplanet's Bitcoin-heavy strategy, also provides a bullish undercurrent.

2. What are the key indicators suggesting increased institutional interest in the crypto market?

Several key indicators point to growing institutional interest. The most prominent is the consistent net inflow into spot Bitcoin ETFs, totaling nearly $50 billion. Solana futures volume on CME is topping $4 billion. The REX-Osprey SOL ETF has also added significant inflows, demonstrating that institutional players are actively engaging with altcoins beyond just Bitcoin.

3. How might potential SEC ETF approvals for altcoins like XRP and Solana affect their prices?

Bloomberg analyst Eric Balchunas estimates a 95% chance of SEC approval for XRP, Solana, and Litecoin ETFs soon. If these approvals materialize, it would significantly boost investor confidence, increase liquidity, and provide traditional investment avenues for these altcoins. This could lead to substantial price appreciation.

4. What role do US sanctions play in shaping investor confidence in the crypto industry?

US sanctions, such as those imposed on North Korean crypto infiltration networks, enhance investor confidence by showing regulatory commitment to combating illicit activities. By disrupting bad actors and strengthening market security, these enforcement actions signal a maturing regulatory environment. These moves can attract more legitimate investment and stabilize the market.

5. What is the long-term outlook for Bitcoin given its strategic adoption by companies like Metaplanet and Remixpoint?

The strategic adoption of Bitcoin by companies like Metaplanet and Remixpoint indicates a growing belief in its long-term value as a treasury asset and a core part of business operations. Metaplanet's plan to use Bitcoin as collateral and Remixpoint paying its CEO in BTC suggest a shift towards deeper integration. This could further strengthen Bitcoin's foundation and drive sustained demand over time.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

Could Ruvi AI (RUVI) Follow Binance Coin’s (BNB) Successful Path? Utility Focus and Passed Audit Spark Early Rally Signs

XRP Price Analysis: $5 in Sight, But Ozak AI’s $1 Target May Be Closer Than Expected

Dogecoin Price Prediction: DOGE to Soar Past $0.50 Based on Technical Breakout Patterns, But This Coin Under $0.002 Might Do It Faster

Solana vs. Ozak AI Price Forecast: Which Has the Stronger Momentum for 100x Gains in 2025?

Best Crypto to Buy Now: 5 Meme Coins That Could 45x in the Second Half of 2025