Here is a summary of the latest crypto news today (July 3, 2025):
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📝 Crypto News Summary — July 3, 2025
1. Why is the crypto market rising today?
The crypto market is showing positive momentum, with a total market capitalization reaching around $3.47 trillion and the highest daily trading volume in several days (~$120 billion). Bitcoin is up ±2.5%, trading in the range of $108,800–109,600, while Ethereum is up >6% and above $2,560.
Most of the top 100 coins recorded increases, especially dog-themed memecoins like Dogecoin (+7.8%) and Bonk (+20.8%).
2. Local analysis Indonesia – July 3, 2025
The price of Pi Network (PI) in Indonesia is recorded at around IDR 8,088, up ~1%, ahead of the unlock of 19.2 million PI tokens tomorrow (July 4).
Global market capitalization is slightly different in another report at $3.37 trillion, with Bitcoin breaking >$109,000 and the altcoin PENGU as the best performer.
3. Whale activity & on-chain
Whales are starting to accumulate ETH, Ondo Finance (ONDO), and Chainlink (LINK) as part of the market rebound after macro volatility eased.
4. Ripple / XRP – traditional integration form
Ripple has submitted a national bank charter to the US OCC and is pursuing a master account at the Federal Reserve for the RLUSD stablecoin, in line with the growing regulatory trend (GENIUS Act) that increasingly supports stablecoins.
Direct impact on XRP: now trading around $2.2764, approaching resistance at $2.30, driven by clearer regulatory momentum over the SEC case resolution and institutional push.
5. Inflow to ETFs & institutional adoption
The Bitcoin spot ETF has received large institutional funds (~$50 billion), pushing Bitcoin to $109,758 (+1.7%), Ethereum +5.8%, XRP +4.8%, Solana +3.6%, Dogecoin +7.6%.
Global X predicts that the Bitcoin rally could reach $200,000 in the next 12 months with an inflow of $11 billion to the ETF over the last 3 months.