Overview
-Bitcoin stays strong above $116,000 showing investor confidence and support from institutions.
-Altcoins show mixed results. Ethereum and Solana are down slightly, while XRP, Cardano, and BNB see gains.
-Google adds stablecoin payments, Deutsche Börse launches institutional trading tools, and US lawmakers discuss a national Bitcoin reserve.
Crypto prices today are showing mixed trends as most major coins continue the uptrend while some like Ethereum, TRON and Solana register minor corrections. Bitcoin is leading gains, going up 0.66% to $116,231.99. Investor optimism is strong today following the news of growing institutional adoption as big institutions like Deutsche Börse adopting crypto. Favourable regulatory developments like a national Bitcoin reserve for the US are also being talked about, further boosting the bullish outlook.
Here’s how the world’s top ten tokens performed today based on CoinMarketCap data.
Bitcoin (BTC) price today is at $116,231.99, up by 0.66% over the past 24 hours. The world's largest crypto has maintained its position above the psychologically important $116,000 level. Its market cap is approximately $2.32 trillion with a trading volume of $45.53 billion in the last 24 hours. The uptrend comes despite earlier concerns about market consolidation amid growing investor confidence.
Mr. Paras Malhotra, SVP - Trade, Custody and BizOps at CoinDCX, commented, “The Bitcoin price experienced a decent rise before the daily close, which has elevated the bullish momentum of the market. The token continues to print consecutive higher highs and lows, due to which the top altcoins also consolidate around the gains.”
Ethereum (ETH) price is trading at $4,469.85 with a 1.04% drop. Despite the minor pullback, ETH maintains its position above the $4,400 support level, with a market capitalization of $539.53 billion. Solana (SOL) and TRON (TRX) follow Ethereum’s downward trend. Solana was down by 0.09% to $233.84 while TRON dropped 1.55% to $0.3403.
XRP is up by 1.18%, trading at $3 and maintaining its position as the third-largest crypto by market cap of $179.72 billion. BNB is one of the biggest gainers, surging 3.07% to $952.09. Cardano (ADA) soared 1.77% to $0.8711, approaching the $0.90 resistance level. At the same time, Dogecoin (DOGE) recovers with a 0.94% gain, trading at $0.2659, showing resilience in the meme coin sector.
SVP - Trade, Custody and BizOps at CoinDCX noted, “XRP and BNB display notable strength, while ETH, SOL, DOGE & ADA are trying hard to defend their respective support zones. The top-performing tokens include MYX Finance with over a 33% rise, followed by Story with over 11% and Immutable by 8.29%. Besides, Pump.fun plunges by 4.24%, followed by MemeCore and Tron by over 1% each. However, the market sentiments continue to remain neutral and wait for the next move.”
Tether (USDT) shows minimal movement up by 0.03%, trading at $1 with a market cap of $171.04 billion. USD Coin (USDC) remains stable with a slight 0.01% gain to $1, reflecting its role as a reliable stablecoin with a $73.64 billion market cap.
Also Read: Bitcoin Price Near $115,000: Can Resistance at $116K Break Soon?
Here are the top headlines that may impact crypto prices today or beyond:
Google has created a new open-source protocol that allows AI apps to send and receive money, including payments with stablecoins, as reported by Fortune. This project was built together with Salesforce, American Express, and more than 60 companies, showing how big the interest is in mixing AI with crypto payments. The system is based on Google’s Agent2Agent Protocol, now including stablecoin features made in partnership with Coinbase.
Crypto Finance, a company owned by Deutsche Börse Group, has launched a new tool called AnchorNote. This system helps big investors trade crypto more easily and efficiently. The platform is starting in Switzerland, but it plans to grow across Europe soon. It uses a system called BridgePort as a middle layer to send messages between exchanges and custodians, making trading safer, faster, and more flexible for institutions.
In the US, lawmakers and industry leaders are working on the BITCOIN Act, which would create a Strategic Bitcoin Reserve for the government. The plan, backed by President Donald Trump’s proposal, suggests that the US should buy one million Bitcoin over the next five years. Recently, 18 crypto industry executives, including Michael Saylor (chairman of MicroStrategy) and Tom Lee (CEO of Fundstrat), met with lawmakers to discuss the plan.
The crypto market is still growing and changing, with two big forces leading the way: institutional adoption and regulatory clarity. Google’s stablecoin payment protocol and Deutsche Börse’s AnchorNote solution both show that the crypto world is becoming more organized and professional. Right now, the market is showing cautious optimism. Bitcoin is still strong above important price levels, while other altcoins show mixed results.
Discussions about a US Strategic Bitcoin Reserve could push things further, giving Bitcoin and other cryptocurrencies more support and legitimacy. This could shape the long-term future of the crypto market.
Also Read: Crypto News Today: Capital B Bitcoin Push, Pump.fun Hits $1 Billion, XRP ETF Debuts, ETH Funds Rebound
1. Why is Bitcoin above $116,000 today?
Bitcoin is above $116,000 because many big investors and institutions are buying it. People also trust Bitcoin more as governments talk about using it in reserves. Strong trading volumes show buyers are very active.
The crypto market is rising because of strong Bitcoin performance, new technology launches, and government interest. News like Google allowing AI payments with stablecoins adds hope for crypto adoption worldwide.
Ethereum and Solana are slightly down today because traders are taking small profits after recent gains. Even when the market grows, not all coins move up together, and some face temporary pressure.
Michael Saylor, chairman of MicroStrategy, is one of Bitcoin’s biggest supporters. He is meeting lawmakers to push for the US government to buy Bitcoin. His influence helps keep Bitcoin in the spotlight.
Google’s plan to let AI use stablecoins for payments is huge. It means machines could one day pay each other safely with digital dollars. This could make stablecoins more popular worldwide and connect crypto with real business use cases.