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Bitcoin jumps past $109K as market cap nears $2.2 trillion.
Ethereum rises over 8%, leading the altcoin rally.
XRP gains 2.69% while Dogecoin and Cardano post daily gains of over 6%.
Tether is the only top crypto to post a 24-hour decline.
The global cryptocurrency market is up by 3.79% to $3.42 trillion on June 10, 2025. Bitcoin leads the charge past $109K.Meanwhile, most major altcoins, including Ethereum, XRP, and Dogecoin, post solid daily gains.
Traders are encouraged by fresh ETF activity, optimism around US macroeconomic events, and high liquidity flows across DeFi platforms. Michelle Bowman was recently sworn in as Vice Chair for Supervision of the Federal Reserve Board, indicating potential continuity in regulatory oversight.
At the same time, Senate Majority Leader John Thune confirmed that Republicans are pushing forward a stablecoin bill this week. The bill aims to establish new frameworks for USD-pegged digital tokens.
Let’s look at the crypto prices today to understand what to expect from global market in coming days:
Bitcoin is trading at $109,528.68, rising 3.69% in the past 24 hours. Its market capitalization now exceeds $2.17 trillion, with a 24-hour trading volume of $59.04 billion. The circulating supply stands at 19.87 million BTC.
Analysts believe BTC’s bullish momentum may push it towards the $112,000 mark if macro conditions stay favorable. Spot ETF inflows and regulatory clarity are being closely watched. James Wynn expressed concern in an X post about excessive leverage in altcoins and a lack of proper Bitcoin hedging. He projected, "Bitcoin's dominance could rise to record levels before any true altcoin season begins."
Analyst Jose Antonio Lanz from Decrypt echoed the optimistic sentiment. He noted that Bitcoin's widening gap between its 50-day and 200-day EMAs confirms bullish momentum. This suggests that the strong $ 100,000 support line may cushion short-term price pullbacks.
The Bitcoin Core team also announced a major update for Core version 30, expected in October. The OP_RETURN limit will be raised from 80 bytes to nearly 4MB, sparking debate within the community about Bitcoin’s role beyond value transfer.
Ethereum is priced at $2,689.94, posting an impressive 8.09% gain. Market cap has reached $324.73 billion, with a trading volume of over $25.17 billion. The circulating supply is 120.72 million ETH.
The amount of Ether staked on the Beacon Chain has reached a new record high, 34.65 million ETH as per Beaconcha.in. This surge in staking, surpassing the previous November 2024 peak, indicates a strong preference for yield generation among ETH holders. Experts believe the next resistance level is around $2,800.
XRP has surged 2.69% in the last 24 hours, trading at $2.29. The token’s market capitalization is $135.08 billion, with a daily trading volume of $2.9 billion. Circulating supply stands at 58.81 billion XRP. It is emerging as a top altcoin for June.
BNB is currently trading at $664.31, up 2.08% in the last 24 hours. Its market capitalization stands at $93.59 billion, with a trading volume of $1.65 billion. The total circulating supply is 140.88 million BNB.
Solana is up 5.08%, priced at $159.09. The token’s market cap is $83.51 billion, and daily trading volume stands at $3.79 billion. Circulating supply is 524.92 million SOL.
Also Read: 3 Altcoins That Could Beat Bitcoin’s Returns in June 2025
Tether (USDT) is down slightly by 0.03%, holding steady at $1.00. Market cap is $155.22 billion, with $84.76 billion in daily volume.
USD Coin (USDC) trades at $0.9997, rising 0.02%. Market cap is $60.98 billion, with $11.54 billion in volume.
Stablecoins continue to anchor trading volumes, though market participants note a shift into more volatile assets today. Senate Republicans are also pushing for a stablecoin regulation bill, which may define the legal status of these tokens.
Dogecoin is up 6.02%, trading at $0.1929. Market cap stands at $28.86 billion, and daily volume is $1.24 billion. Circulating supply is 149.62 billion DOGE. The memecoin is back in focus with renewed whale activity and speculation around Tesla-related announcements.
TRON has risen 0.33% to $0.2863, with a $27.15 billion market cap and $585 million in volume. Circulating supply is 94.85 billion TRX. Although its momentum is slowing, TRX remains resilient due to its strong stablecoin integration.
Cardano is trading at $0.7047, up 6.35%. The market cap stands at $24.91 billion, with a volume of $701 million. The circulating supply is 35.34 billion ADA. Recent protocol updates and increasing staking demand have fueled ADA’s return to the spotlight.
US President Donald Trump confirmed that trade talks with China have yielded positive updates, including possible relaxation of export controls. Updates from London also point to favorable developments.
Investor sentiment is cautiously optimistic. Some analysts expect further gains if Bitcoin can remain above $ 110,000 and Ethereum continues its rally. As Lanz points out, the expanding EMA gap is "a sign of strengthening bullish momentum that may shield BTC from a steep correction." Investors should monitor macroeconomic developments closely before making any decision.
Also Read: Crypto Market Today: Strategy Adds $110M in BTC, Chainlink Powers CBDC Pilot, Australia Busts Launderers
