July 11, 2025 – Crypto Desk
The cryptocurrency market is starting today on a positive note, with Bitcoin (BTC) maintaining its position above the crucial $100,000 mark and Ethereum (ETH) approaching the $4,000 level. After weeks of volatility, the overall sentiment in the market has turned more optimistic.
📈 Market Snapshot (as of 8:00 AM UTC)
Bitcoin (BTC): $101,200 (+1.2% 24h)
Ethereum (ETH): $3,920 (+3.5% 24h)
Solana (SOL): $162 (+5.8% 24h)
Dogecoin (DOGE): $0.22 (+4.1% 24h)
Pepe (PEPE): $0.0000037 (+7.3% 24h)
Bitcoin Steadies Above $100K
Bitcoin’s price remains stable despite some profit-taking over the weekend. Analysts suggest strong institutional demand — particularly via spot Bitcoin ETFs — is keeping the price supported. Glassnode data shows whale wallets added over 10,000 BTC in the past 48 hours.
Ethereum Eyes $4K
Ethereum is the standout performer today, surging toward $4,000 amid growing excitement over its upcoming Pectra upgrade, which promises to improve scalability and reduce fees. If ETH breaks $4,000 convincingly, traders say it could trigger a move toward $4,500 in the coming weeks.
Altcoins on the Move
Altcoins are also gaining traction:
Solana is up thanks to new DeFi and NFT projects launching on its chain.
Meme coins like Dogecoin and Pepe are rising as social media hype around them intensifies.
Chainlink (LINK) has also risen 6% today, fueled by partnerships in real-world asset tokenization.
What’s Next?
Investors are watching closely for the U.S. inflation report, due later today. Lower-than-expected inflation could fuel further risk-taking in crypto markets. Meanwhile, Asia’s growing regulatory clarity — with Hong Kong approving new retail trading licenses — is adding to the positive sentiment.
> “The market appears to be in the early stages of a new bull cycle,” noted one analyst at CryptoQuant. “With Bitcoin above $100K and altcoins catching up, we could see more upside this summer.”
⚠️ Disclaimer: This article is for information purposes only and does not constitute financial advice. Always do your own
research before making investment decisions.