Crypto Prices Today: Bitcoin Price Hits $105,363, Ethereum Jumps 4%, XRP at $2.19

Crypto prices today show bullish signals: Is this the start of altseason?
Crypto Prices Today: Bitcoin Price Hits $105,363, Ethereum Jumps 4%, XRP at $2.19
Written By:
Aayushi Jain
Published on

Key Takeaways

  • The total crypto market cap rose 1.13% to $3.31 trillion as of June 3, 2025, 10:15 AM.

  • MicroStrategy and Metaplanet added a combined 1,793 BTC, worth over $150 million, to their holdings.

  • XRP jumped to $2.19 after Bitgo and ViviPower announced a $100 million joint treasury purchase.

The cryptocurrency market is up today by 1.13% to $3.31 trillion as of 10:15 AM on June 3, 2025. The top ten tokens are on an uptrend. The Bitcoin price has climbed to $105,363.38, showing signs of recovery. Ethereum is leading the gains, up 4.07% to $2,599.41. Altcoins are following suit, indicating the start of altseason. However, Tron has faced a minor correction of 0.76%, defying the broader market trend. The broader market is reacting to the tight US Federal Reserve policies, Trump tariffs, and legislative developments.


Crypto Prices Today Show Widespread Losses

Let’s take a deep dive into what’s happening with the crypto prices today of the world’s top ten cryptocurrencies.

Bitcoin (BTC) Holds Strong Above $105K

Bitcoin price today is $105,363.38, showing a mild gain of 0.39% in the last 24 hours. The leading crypto now commands a $2.09 trillion market cap with a $47.7 billion trading volume. Its circulating supply remains at 19.87 million BTC.

The bullish momentum follows a fresh MicroStrategy acquisition of 705 BTC worth $75.1 million, adding to corporate optimism. Meanwhile, Metaplanet added 1,088 BTC, reinforcing institutional demand despite continued ETF outflows from major funds like GBTC and IBIT. If BTC crosses $108,000, liquidation pressures could surge, pushing short positions to $822 million. On the other hand, if it falls below $105,000, the long positions will amount to $635 million.

Ethereum (ETH) Jumps Over 4% as Protocol Revamp Fuels Confidence

The Ethereum price today is $2,599.41, up 4.07% in the last 24 hours. The second-largest crypto now holds a $313.81 billion market cap and a $19.98 billion trading volume. The circulating supply remains stable at 120.72 million ETH.

ETH’s rally is driven by the Ethereum Foundation’s restructuring of its R&D team. It is aimed to prioritize Layer 1 scaling, zkEVM development, and Layer 2 integration. This strategic shift has reassured investors about Ethereum’s long-term scalability and dominance in the smart contract sector.

Also Read:  Bitcoin, Ethereum, or XRP: Which is the Most Valuable Cryptocurrency to Invest in?

XRP (XRP) Gets a Boost from $100M Institutional Buy

XRP price today is $2.19, up 1.27% after news broke that Bitgo and ViviPower are jointly acquiring $100 million worth of XRP for their treasuries. Attorney John Deaton drew parallels between this move and MicroStrategy’s Bitcoin strategy, saying, “What Michael Saylor did with Bitcoin, others may copy with XRP, ETH, and SOL.”

This institutional action has injected optimism into the XRP community, even as the SEC vs. Ripple case continues. Hopes remain high for an eventual XRP-spot ETF, with firms like Grayscale, WisdomTree, and Bitwise awaiting decisions from the SEC.

Altcoins and Stablecoins See Modest Gains: Is It The Start of Altseason? 

All top 10 cryptocurrencies in the world are on a bull run except for Tron, which has shown bearish sentiments.

Tether (USDT): Steady at $1.00, market cap of $153.38 billion, with $71.21 billion in daily volume.

USD Coin (USDC): Pegged at $0.9998, with $61.25 billion in market cap and $10.95 billion in volume.

BNB (BNB): Rises 1.43% to $667.57, on a $94.05 billion market cap and $1.85 billion in volume.

Solana (SOL): Trades at $159.05, gaining 2.01%, buoyed by DeFi and NFT growth, market cap now $83.09 billion.

Dogecoin (DOGE): Up 2.08% to $0.1951, following social momentum and positive sentiment around meme coins.

TRON (TRX): Only top-10 token in red, down 0.76% to $0.2697, likely due to weaker network activity.

Cardano (ADA): Climbs 1.90% to $0.6928, as developers continue to upgrade smart contract functionalities.

Market Outlook: ETF Hopes and Legal Clarity Drive Sentiment

Crypto prices today show investor optimism and the start of altseason. Market watchers are focused on several key catalysts. Ripple’s legal battle with the SEC, where a settlement could spark ETF approvals. US crypto legislation for banks may either unlock institutional flows or hinder growth.

The Feds are expected to cut interest rates in June and July, providing some relief amid macroeconomic uncertainties. If Bitcoin sustains upward pressure and breaks $108K, and XRP ETF applications see approval, the market may be headed for new 2025 highs.

Also Read: Crypto Market Update: Circle IPO Grows, DeFi Losses Mount, Polygon NFTs Soar

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