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The global crypto market value increased by 1% to $4.27 trillion, signaling renewed bullish sentiment.
BTC approaches $125,000 while ETH aims for $4,800, driven by strong institutional demand.
Avalanche, Chainlink, Cardano, and Toncoin post modest gains as memecoins maintain retail traction.
As of October 7, 2025, the total market capitalization of cryptocurrencies is $4.27 trillion, up 1% from the previous day. Bitcoin is eyeing a breakout above $125,000; Ethereum is holding towards $4,800; the leading altcoins are recovering after a slight downward movement.
Bitcoin is trading at $124,634, following a 0.71% increase in the last 24 hours. The price has ranged between $123,900-$126,220, showing buying strength after a brief consolidation.
The first immediate resistance is around $126,000. A breakout above that level could see BTC testing $128,000-$130,000 level. Immediate support is near $123,500.
ETF inflows and rising open interest in CME futures suggest strong institutional accumulation, keeping Bitcoin’s long-term trajectory bullish.
Also Read: Is Bitcoin Heading to $200K by 2025? Indicator Predicts Major Growth
Ethereum is trading at $4,708, up by 3.92% over the last 24 hours. The price has ranged between $4,600 and $4,710, showing renewed interest after consolidation.
A sustained close above $4,720 could take ETH toward $4,850, whereas a failure to hold on to $4,600 may take it back toward $4,450.
Greater Layer-2 adoption, along with perpetual staking yield demands, is cementing Ethereum's dominance in smart contract ecosystems.
AVAX is trading at $30.40 with an increase of 0.40% in the last 24 hours. The price has ranged between $29.80 and $31.20. Resistance appears near $32, while support is found around $29.50.
If a breakout occurs, AVAX could head for $34, as more developer activity and subnet expansion gather strength.
Chainlink's price is currently at $23.48, up 1.734% in the last 24 hours. Support is found around $21.80, while resistance is right around $23.50.
A break above resistance could accelerate a move to $25, particularly with growing Oracle integrations and cross-chain adoption.
ADA is trading at $0.8714, up 3.78% in the past 24 hours. The token has fluctuated between $0.8420 and $0.8850. If the price can hold above $0.8850, it could target $0.92. If ADA drops below $0.84, it may trigger profit-taking.
Cardano's fundamental case continues to be resilient with strong developer activity and new dApp launches.
TON is trading at $2.84, up 1.38% in the last 24 hours. The price has ranged from $2.78 to $2.90. Support is seen at around $2.75, while resistance sits near $2.95.
The growth of Telegram integration and the ecosystem continues to drive adoption; traders, therefore, are eyeing $3.10 in the coming sessions.
PEPE is presently trading at $0.00001019, up 4.26% in the past 24 hours. The price has ranged between $0.00000978 and $0.00001035.
Resistance is observed near $0.00001050; a break would lift PEPE toward $0.00001080, while support holds firm around $0.00000960. Short-term bullish sentiment is fueled by meme-driven momentum and growing trading volumes.
FLOKI is trading at $0.0001032, gaining 3.87% in the last 24 hours. In the intraday, the token has traded between $0.0001005 and $0.0001048. If Floki breaks above $0.0001050, it could retest $0.0001080, while a drop below $0.0001000 might put the next support at $0.0000975.
Ongoing social media traction and new ecosystem partnerships continue to keep Floki active among retail and speculative traders.
Also Read: Can XRP Sustain a Breakout Above $3? Cardano’s Surge Fuels Altcoin Rally Hopes
A 1% rise in total market capitalization indicates optimism across the crypto sector, with Bitcoin heading toward $125,000 and Ethereum holding near $4,700 are setting a positive tone. Altcoins are recovering momentum, while memecoins stay on the radar of retail investors.
The crypto market, led by Bitcoin and Ethereum's growth, is regaining its upward momentum, with altcoins showing early recovery signs while memecoins are vibrant speculative pockets. In the coming week, the market will show if Bitcoin can decisively climb above $126,000, which could then set it for another upward move into mid-October.
1. What is the total cryptocurrency market cap today?
The global crypto market cap stands at $4.27 trillion, up 1% from the previous day.
2. What is Bitcoin’s current price and outlook?
Bitcoin is trading near $124,643, with resistance at $126,000; a breakout could take it toward $130,000.
3. How is Ethereum performing today?
Ethereum is trading at $4,708, and analysts expect a potential move toward $4,850 if it sustains above $4,720.
4. Which altcoins are showing strong recovery?
Avalanche, Chainlink, Cardano, and Toncoin have shown renewed buying interest following recent corrections.
5. Are memecoins still trending?
Yes, Pepe and Floki continue to draw retail traders, supported by rising volumes and social media activity.
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