Bitcoin rises 2.41%, now trading above $108K as its volatility drops to historic lows.
Trump’s crypto holdings surge by $620M due to WLF and memecoin TRUMP.
Cardano (ADA) jumps 7%, leading altcoin gains. Meanwhile, Stablecoin supply on Ethereum reaches $135.4 billion.
Crypto prices today are showing a strong upward momentum. The global market cap is up by 2.88% to $3.36 T as of 11:02 AM IST on July 3, 2025. The world’s top cryptocurrencies, Bitcoin and Ethereum, have registered gains of 2.41% and 5.40%, respectively. Major altcoins follow suit, led by the Cardano price surge of 7%. Crypto market today is riding a wave of optimism on favourable policy developments in the US.
Let’s discuss the performance of the top ten tokens in depth.
Bitcoin (BTC) surged 2.41% to trade at $108,898.98. It is buoyed by investor enthusiasm surrounding Donald Trump's rising crypto influence.
Renowned crypto analyst Jackis observed that Bitcoin's volatility has now fallen to its lowest level since 2023. This condition has been seen only seven times in BTC history. Historically, such low volatility has preceded massive price swings within five weeks. Thus, suggesting a major move may be imminent.
Adding fuel to this breakout thesis, Bitcoin is testing the upper limits of its consolidation range. The momentum is building for a significant rally backed by consistent Bitcoin ETF inflows, decreasing exchange balances, and rising political catalysts. It is possibly aligning with July’s traditional bull market season.
Ethereum (ETH) also performed well, climbing 5.4% to $2,569.56. According to fresh Token Terminal data, the total stablecoin supply on the Ethereum network has surged to an all-time high of $135.4 billion. This milestone highlights the growing dependence on stablecoins within Ethereum-based DeFi platforms. It also signals deepened liquidity.
Also Read: Top Altcoins to Watch in July That May Outshine Bitcoin
Here’s how the top altcoins performed today:
1. XRP spiked 3.27% to reach $2.25. The price hike reflects bullish momentum after traders responded positively to hints of stronger on-chain activity and possible protocol updates.
2. BNB edged up by 1.50%, trading at $659.89 as of the last 24 hours.
3. Solana (SOL) posted a 3.32% gain to settle at $153.91.
4. TRON (TRX) moved up modestly by 0.81% to $0.2834.
5. Dogecoin (DOGE), the popular memecoin, climbed 6.32%. It is receiving renewed investor attention from the Trump memecoin news.
6. Cardano (ADA) stands out among altcoins today. Cardano posted the strongest 24-hour gain of 7%, trading at $0.5910.
Tether (USDT) and USD Coin (USDC) remained stable at the $1 mark. The stablecoins continue to provide liquidity to active markets.
The following macro developments are driving crypto prices today:
A Bloomberg report revealed that US President Donald Trump has added $620 million to his net worth. Trump’s crypto projects now make up nearly 9% of his estimated $6 billion wealth. Collectively, the US president and his sons earned $390 million from token sales and hold over $2 billion in WLF governance tokens. TRUMP memecoin alone is worth $150 million. This political spotlight has reignited market interest in digital assets.
The US government has lifted export restrictions on chip design software to China. Companies like Synopsys and Cadence have resumed services. Thus, signaling potential tech cooperation that could benefit blockchain hardware development.
In a statement reported by Odaily, the US President confirmed that the House of Representatives is prepared to vote on the tax reform bill tonight. Trump described the discussions as ‘positive’ and said the Republican majority appeared united. If passed, the bill could include crypto-friendly amendments. The move may further strengthen bullish sentiment across markets.
Crypto prices today reflect strong bullish momentum supported by favorable news from the political and institutional fronts. With Bitcoin pushing past $108K and altcoins like ADA and DOGE making notable gains, the sentiment is tilting positive.
Meanwhile, Trump’s expanding crypto footprint continues to fuel confidence in the broader ecosystem. All eyes now turn to how markets digest the next wave of ETF, tax, and regulatory news in the coming weeks.
Also Read: Crypto Market Update: Deutsche Bank Eyes Custody, Malaysia Considers Reforms, S&P 500 Goes Onchain
1. What are crypto prices today?
Bitcoin is trading at $108,898.98, Ethereum at $2,569.56, and Cardano at $0.5910, showing strong 24-hour gains across top assets.
2. What is the Bitcoin price today?
Bitcoin is up 2.41% in the last 24 hours, currently trading at $108,898.98 as market confidence returns.
3. Why is crypto market up today?
Multiple bullish catalysts: Trump’s $620M crypto boost, Coinbase’s Liquifi deal, rising stablecoin supply, and tax reform hopes.
4. What are the latest crypto news and developments?
Top stories include Trump’s growing crypto wealth, the restriction on China chips is lifted, and the US House is preparing to vote on tax reforms.
5. What is Ethereum price today?
Ethereum is trading at $2,569.56, up 5.40% over the past day, supported by increased market optimism and DeFi growth.