-Bitcoin price hits $117,627 with a $2.34 trillion market cap, reflecting strong institutional interest and optimism.
-Ethereum, Solana, XRP, BNB, and Cardano are among the biggest gainers today, as Dogecoin surges over 6%.
-Institutional adoption, new AI payment protocols, and regulatory clarity are fueling positive sentiment.
Crypto prices today are showing bullish momentum, with Bitcoin leading the charge above $117,000 while most major altcoins follow in its suit, trading in green. Solana, Cardano, and Dogecoin surge past 5% becoming the biggest gainers today in the world’s top ten tokens. Stablecoins continue to trade steadily, boosting liquidity in the market. The crypto bull run comes as institutional adoption grows and regulatory developments provide more clarity for the industry.
Want to see in detail how some of the major cryptocurrencies did today? Scroll down to find a thorough analysis based on market data from CoinMarketCap.
Bitcoin (BTC) price traded at $117,627.88, up 1.08% in the last 24 hours. The price surge has pushed Bitcoin's market cap to $2.34 trillion, with trading volume reaching $69.27 billion over the past day. The token has broken the key resistance level of $117,000.
Avinash Shekhar, Co-founder and CEO, Pi42, commented, “The crypto market is digesting the Fed’s 25 bps rate cut with surprising calm, as Bitcoin is moving upwards slowly despite initial volatility.”
Ethereum (ETH) price jumped 2.98% to trade at $4,612.68. This puts ETH well above its recent support levels, with a market cap of $556.77 billion. Similarly, XRP was up by 2.86% to $3.09, holding its position as the third-largest crypto by market cap at $185.22 billion.
BNB climbed 4.29% to $994.08. This strong performance brings BNB closer to the $1,000 psychological level, with its market cap now at $138.36 billion.
Solana (SOL) surged 5.26% to $246.26. At the same time, Cardano (ADA) was up 5.11% to $0.9144, approaching the important $1 resistance level. Even Dogecoin (DOGE) joined the rally, gaining 6.44% to trade at $0.2823, showing that the meme coin sector is also benefiting from the overall market optimism.
The Co-founder and CEO of Pi42 explained, “Ethereum is flashing strength as bulls eye fresh record highs, while XRP is fueled by optimism around an ETF approval that could see it targeting $3.66. Interestingly, despite neutral price action in Bitcoin, altcoins like XRP and Dogecoin are showing stronger reactions, suggesting capital rotation beneath the surface.”
Stablecoins continue to provide stability in the market, with Tether (USDT) holding strong at $1 and maintaining a $171 billion market cap. USD Coin (USDC) traded at $0.9999, reflecting its role as a reliable digital dollar with a $73.62 billion market cap.
Also Read: Crypto Prices Today: Bitcoin Price at $116,231, Ethereum Down 1.04%, Solana $233, XRP Gains 1.18%
Crypto prices are up today, driven by a mix of protocol upgrades, regulatory clarity, and improved investor sentiment.
Wormhole Token Upgrade: The interoperability protocol Wormhole has announced major updates to its tokenomics, including a token reserve funded by protocol fees and higher yields for stakers. The Wormhole (W) token surged over 6% following the announcement, as reported by Cointelegraph.
Regulatory Progress: The UK's Financial Conduct Authority has released new proposals for regulating crypto companies from 2026, providing more clarity for the industry. It aims to balance innovation with consumer protection and long-term market integrity. Thus, boosts confidence in the UK’s evolving crypto framework.
According to Reuters, the US Securities and Exchange Commission (SEC) has cleared the way for crypto spot ETFs with new listing rules. This could broaden access for institutional investors, although inflows will ultimately depend on the strength of the underlying assets.
Avinash Shekhar noted, “Overall, the market is trading cautiously, balancing macro policy signals with sector-specific optimism, and the next move hinges on how traders interpret US Fed Chair Powell's remarks in the coming sessions.”
Crypto prices today show bullish signals, with Bitcoin's strength providing confidence for the entire sector. However, traders should remain cautious as the market can be volatile. The growing interest from traditional finance companies and potential government adoption of Bitcoin reserves suggest that the crypto market may continue to see strong support in the coming months. As always, investors should do their own research and consider their risk tolerance when making investment decisions.
Also Read: Bitcoin News Today: Institutional Crypto Adoption Rises as GDC Finalizes $39.2M BTC Acquisition
Bitcoin crossed the $117,000 level due to strong institutional interest, growing optimism around regulatory clarity, and positive macroeconomic signals such as the Fed’s latest rate decision. These factors boosted investor confidence, helping Bitcoin break key resistance levels.
Altcoins like Solana, Cardano, Dogecoin, and BNB were among the top gainers. Solana surged over 5%, Cardano rose 5.11%, and Dogecoin climbed 6.44%, reflecting a rotation of capital into major altcoins alongside Bitcoin.
Wormhole’s tokenomics overhaul added momentum to the broader market. By introducing a new token reserve, higher staking yields, and biweekly unlocks, Wormhole boosted confidence in interoperability projects, sending its native token, W, up more than 6%.
Stablecoins remain steady, fulfilling their role as liquidity anchors in the crypto market. Tether is holding at $1 with a market cap near $171 billion, while USDC trades at $0.9999, supporting reliable trading activity.
The rally shows bullish signs, but it’s too early to confirm a long-term bull run. Sustained momentum depends on regulatory clarity, institutional adoption, and macroeconomic stability. Investors should remain cautious and manage risk carefully.