24-Hour Cryptocurrency Market Update (as of July 10, 2025,)
Market Overview:
- Total Market Cap: Approximately $3.54 trillion, up 0.9% in the last 24 hours.[](https://www.coingecko.com/)
- 24-Hour Trading Volume: $139–146 billion, with a 2.96% increase reported. Stable coins account for $124.09 billion (95.46% of volume).[](https://www.coinbase.com/explore)[](https://www.coingecko.com/)
- Bitcoin Dominance: 62.5–63.96%, down slightly by 0.33%. Ethereum dominance at 9.49%.[](https://cryptoslate.com/)[](https://www.coingecko.com/)
Price Movements:
- Bitcoin (BTC): Trading around $109,600, up 2.37–3.81%, after hitting a new all-time high above $112,000. Institutional demand remains strong, with $769.6 million in spot Bitcoin ETF inflows last week.[](https://www.fxstreet.com/cryptocurrencies/news)[](https://www.coindesk.com/latest-crypto-news)
- Ethereum (ETH): Priced at $2,678–$2,800, up 6.0–7.61%, showing strong momentum with increased ETF inflows and a breakout above $2,600.[](https://www.newsnow.co.uk/h/Business%2B&%2BFinance/Cryptocurrencies)[](https://www.fxstreet.com/cryptocurrencies/news)
- Solana (SOL): Up 4.1%, climbing to the 181st position in global asset rankings, surpassing companies like Starbucks.
- XRP: Trading near $2.34, up 3.0%, with potential for a rally to $4–$6 following Ripple’s U.S. banking license application.[](https://www.cnbc.com/cryptoworld/)[](https://cointelegraph.com/)[](https://www.coingecko.com/)
- Other Altcoins:
- HIVE: Surged 65% to $0.628.
- HYPE: Up 7%.
- SUI: Up 10.53%, showing strong developer momentum.
- Top gainers include Pudgy Penguins (+33.34%), Hyperlane (+155.08%), and COW (+50.09%). Top losers include Lagrange (-27.20%).[](https://crypto.com/price/)
Key Developments:
- Institutional Activity: Robust corporate demand, with companies like GameSquare announcing a $100M Ethereum treasury and Metaplanet adding 2,205 BTC.[](https://www.fxstreet.com/cryptocurrencies/news)[](https://www.investing.com/crypto)
- Regulatory News:
- U.S. SEC emphasizes that tokenized securities must comply with existing regulations.[](https://finance.yahoo.com/topic/crypto/)
- Ripple withdraws cross-appeal against SEC, focusing on a $50M fine settlement.[](https://www.reuters.com/markets/cryptocurrency/)
- Greece executes its first crypto seizure, recovering funds from a $1.5B Bybit hack.[](https://crypto.news)
- Market Incidents: GMX exchange hacked for $42M, with funds moved from Arbitrum to Ethereum.[](https://cryptonews.com/)
- Stablecoin Growth: Market cap at $261 billion, with predictions of growth to $500B by 2028 (J.P. Morgan) or $2T in the coming years (Ripple CEO).[](https://cointelegraph.com/)[](https://www.reuters.com/markets/cryptocurrency/)[](https://www.coingecko.com/en/global-charts)
- Other Trends: Emirates to accept crypto payments, targeting tech-savvy customers. Increased DEX activity and NFT launches (e.g., Snoop Dogg’s Telegram NFT drop sold out in 30 minutes).[](https://www.coingecko.com/)
Sentiment: Bullish momentum persists, driven by institutional inflows and altcoin rallies, though short-term exhaustion signals (RSI/OBV) suggest caution. Retail trader activity remains low, potentially setting the stage for sharper upside moves.[](https://www.coindesk.com/latest-crypto-news)
Note: Cryptocurrency markets are highly volatile. Prices and data are indicative and may vary across exchanges. Always verify with trusted sources like CoinGecko or CoinMarketCap before making investment decisions.[](https://www.coingecko.com/)
Summery
Bitcoin hit a new all-time high above $112,000, with Ethereum and altcoins like Solana and XRP also rallying. Institutional inflows and regulatory developments, like Ripple’s banking license application, drive bullish sentiment. However, a $42M GMX hack and market volatility highlight ongoing risks.
