As of June 10, 2025, the total crypto market cap stands around $3.42 trillion—up ~3.8% in the past 24 hours, powered by renewed momentum in Bitcoin and Ethereum .
Bitcoin ($BTC ) has surged ~3.7%, currently trading near $109,200, reclaiming key range above $106,500 after easing US–China tensions . Short liquidations exceeding $200 million—especially bearish positions—have added fuel to the move . Technicals highlight a potential bullish crossover between the 50‑ and 200‑day MAs, with the breakout reinforced by $35 b daily) .
Ethereum ($ETH ) leads altcoins with a ~7.5% rally to around $2,675, breaking out of a triangle pattern—analyst Brandt calls it a “big day” for ETH . Altcoins like SOL, ADA, XRP, and $DOGE are also up 5–6%, signaling that rotation may be well underway .
What’s driving this?
Macro optimism: US–China trade dialogue and easing global tension have lifted risk assets .
Institutional capital: Spot ETF and Bitcoin treasury inflows highlighted by MicroStrategy/Strategy’s recent add (~1,045 BTC) .
On‑chain metrics: Declining BTC exchange reserves, rising wallet addresses, and active network activity support accumulation trends .
What’s next?
Hold momentum above $106K–$110K; look for price to test $120K.
If BTC remains strong, expect altcoin continuation—especially ETH eyeing $2.8K–$3K.
Monitor macro events, ETF flows, and stock indices that may influence crypto.
This may be a prelude to the next leg higher. Historically, such setups precede extended bull runs when fundamentals align.
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Not financial advice.