The cryptocurrency market on July 2, 2025, recorded slight fluctuations with Bitcoin maintaining below $107,000 while some Altcoins experienced mixed increases and decreases.
MAIN CONTENT
Bitcoin trades around $106,807, down slightly by 0.02%.
Ethereum and many Altcoins also decreased slightly, while some tokens increased.
Ripple asserts that there is no direct relationship with Linqto in the share trading.
How is the cryptocurrency market today?
Bitcoin maintains trading below $107,000 with a slight decline of 0.02%, standing at $106,807, according to the latest data updated on July 2, 2025.
Ethereum also decreased by 0.48% to $2,447. Some Altcoins like Solana, Ripple, and Litecoin recorded slight declines. The total market capitalization of the global cryptocurrency market is recorded at $3.28 trillion, down 0.33% in the last 24 hours.
"The slight stability of Bitcoin along with small fluctuations in the Altcoin market reflects a balanced sentiment among investors at this stage."
Nguyen Duc Minh, Cryptocurrency market analyst, 7/2025
The Crypto Fear & Greed Index remains neutral at 46, indicating caution but not overly negative sentiment in the market.
Which coins have notable fluctuations?
The Pudgy Penguins token recorded a growth of 14.46%, being the strongest gainer of the day, followed by Arbitrum and Celestia which also showed positive gains. In contrast, Algorand dropped by 6.16%, leading the group of depreciating coins.
Accompanying this are the Kaia and Aptos tokens which also recorded notable declines, showing a clear differentiation among coins in the market.
What is Ripple's relationship with Linqto in the share sale?
Ripple officially announced that Linqto owns 4.7 million shares of Ripple, but these shares were entirely purchased on the secondary market, not directly from Ripple.
The company emphasizes that there is no business or financial relationship with Linqto and is not involved in Ripple's fundraising rounds.
"We had to halt all share trading related to Linqto since the end of 2024 to avoid misunderstandings and doubts from investors."
Ripple Labs, Press Release, late 2024
This action aims to minimize confusion and ensure transparency for investors when facing unofficial share transactions.
Analyzing the impact of market fluctuations and investor sentiment
The slight fluctuations of major coins reflect that the market is in a correction phase after previous large movements. The Crypto Fear & Greed Index at a neutral level helps traders maintain balance, reducing the likelihood of excessive FOMO or FUD.
At the same time, Ripple's transparency about its relationship with shareholders helps reinforce investor confidence and avoid inaccurate rumors that cause confusion in the market.
Frequently Asked Questions
Is Bitcoin up or down today? Bitcoin decreased slightly by 0.02%, trading around $106,807, indicating stability within a narrow range. Which coin is currently rising the most? Pudgy Penguins increased by 14.46%, leading the group of tokens gaining value today. What is Ripple's relationship with Linqto in the share sale? Ripple asserts that Linqto only owns shares purchased on the secondary market, not directly related to Ripple. What does the current Fear & Greed Index reflect? The index is currently at 46, indicating neutral sentiment, helping the market avoid extreme fluctuations. What impact does Ripple halting transactions with Linqto have? It helps alleviate investor doubts and confusion, increasing transparency and credibility for Ripple.
Source: https://tintucbitcoin.com/xrp-tang-gia-bitcoin-va-microstrategy-bien-dong/
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