🟢 Crypto Market Update – June 8, 2025
The crypto market saw mild upward movement today, with total market cap reaching $3.3 trillion. $BTC is trading near $105,300, up around 0.4%, showing signs of stabilization after recent dips. RSI on the 4-hour chart is nearing oversold territory, hinting at a possible rebound.
$ETH holds around $2,500, attempting to consolidate before any move back toward the key $2,800 resistance. A breakout above that level could push ETH toward the $4K zone in the coming weeks.
Altcoins had a mixed day.$RVN surged 18%, while #Shibalnu gained over 3%, bouncing off key support. Meme coins like SPX6900 and Animecoin also saw 6–7% jumps.
Meanwhile, XRP shows strength with a 5-year gain of over 980%, currently aiming for $2.30 by the end of June.
ETF inflows are slowing, and broader market sentiment remains cautious as equities cool off. However, oversold signals on major charts may trigger bullish reactions soon.
📈 Keep an eye on breakout levels—BTC $108K, ETH $2.8K—and whale activity. The market is calm, but setups are forming.
