Cryptocurrency markets are surging heading into the holiday weekend, fueled by optimism around altcoin ETF approvals for 2025 and the impending ratification of the ‘Big Beautiful Bill.’
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $109,767.59 |
| Ethereum | (CRYPTO: ETH) | $2,595.50 |
| Solana | (CRYPTO: SOL) | $154.89 |
| XRP | (CRYPTO: XRP) | $2.30 |
| Dogecoin | (CRYPTO: DOGE) | $0.1741 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001200 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreased by 4.3% and increased by 2.2%, respectively. Daily active addresses for BTC rose by 2.4%, while ETH saw a 5.4% increase.
- Coinglass data shows 95,823 traders were liquidated in the past 24 hours for $332.31 million.
- SoSoValue data shows net inflows of $407.8 million into spot Bitcoin ETFs on Wednesday, while spot Ethereum ETFs saw net outflows of $1.8 million.
Trader Notes: Crypto trader Galaxy says Bitcoin is testing multi-year resistance, and if it breaks, "it'll go parabolic."
Glassnode data shows long-term holders (holding BTC for over 155 days) now own a record 14.7 million BTC, reflecting strong conviction and low selling pressure, especially for coins accumulated near the $100,000 breakout.
Crypto chart analyst Ali Martinez highlighted Dogecoin’s bounce from the bottom of a descending channel. The next hurdle is $0.19; a level DOGE needs to break to regain momentum. A breakout could target the channel's upper boundary around $0.26.
Crypto trader Lucky sees a “monster Ethereum rally” incoming.
Bitcoinsensus flagged XRP's monthly chart as one of the most bullish setups currently.
Crypto Rand noted Solana shows strong momentum. A confirmed breakout above $160 would mark a full bullish reversal. Solana also led all chains in total transactions for June, signaling strong on-chain demand.
Read Next:
- How Trump’s ‘Big Beautiful Bill’ Could Create A ‘Big Beautiful Bull Run’ For Bitcoin, Ethereum, XRP
Image: Shutterstock
