#MarketSentimentToday $BTC $ETH
The crypto market is experiencing high volatility, with Bitcoin and Ethereum showing strong gains. Here's a snapshot of the current market:
- *Bitcoin*: Trading at around $118,000, with a 6.64% surge in the last 24 hours. It recently hit an all-time high, driven by institutional interest and favorable macroeconomic conditions.
- *Ethereum*: Priced at approximately $3,008.87, reflecting an 8.31% increase in just 24 hours. Ethereum's surge is fueled by significant ETF inflows and renewed focus on its tokenization potential.
- *Market Capitalization*: The global cryptocurrency market cap has reached $3.47 trillion, with Bitcoin dominating the market.
- *Trading Volume*: Over $1 billion in shorts were liquidated as Bitcoin and Ether hit new highs, affecting more than 232,000 traders.
Some notable trends and news include ¹ ² ³:
- *Institutional Adoption*: BlackRock has acquired an additional 1,136 Bitcoin, valued at around $126.3 million, bringing its total holdings to over 702,000 BTC.
- *ETF Inflows*: Bitcoin ETFs saw inflows of $1.18 billion on July 10, 2025, coinciding with BTC reaching new all-time highs.
- *Altcoin Performance*: Some altcoins like PEPE and SUI have surged significantly, with PEPE experiencing a 14% surge in 24 hours and SUI climbing over 43% driven by a bullish Grayscale report.
- *Regulatory Developments*: Ripple's CEO has called for clearer crypto regulations, while the U.S. Senate's Genius Act has raised alarms among banking experts about potential risks to traditional bank customers.
Overall, the crypto market is showing resilience and diversity, with some assets experiencing significant price movements. However, the market remains sensitive to external events and news, and traders should stay informed to make smart decisions ⁴.
