The cryptocurrency market has experienced a downturn today, with most of the top 100 digital coins showing price declines over the past 24 hours. Interestingly, several of the top 10 cryptocurrencies are bucking the trend and posting gains. The overall market capitalization has decreased by 1% to approximately $3.43 trillion, while the total trading volume remains steady at around $99.9 billion.
To summarize:
The cryptocurrency market is generally down, but notable increases have been observed in the past three days;
BTC and ETH have risen nearly 2% each, trading at $107,827 and $2,480, respectively;
Market responses have been positive due to de-escalation in Middle Eastern tensions and increasing institutional adoption;
U.S. spot Bitcoin ETFs have recorded 12 consecutive days of positive inflows;
BTC is on the verge of transitioning into its utility phase, setting the stage for future finance and payment systems;
Current market sentiment is marked by continued caution.
Market Movers: Winners & Losers
At present, five of the top 10 coins by market capitalization are showing upward movement, while three are in decline (excluding the two stablecoins).
Bitcoin (BTC) has increased by 1.5%, bringing its current trading price to $107,827, a rise from $101,924 just six days ago.
Ethereum (ETH) has seen the highest increase in this group, up 1.9% to $2,480. Similarly, Lido Staked Ether (STETH) has mirrored this gain.
By contrast, Binance Coin (BNB) has recorded the smallest increase in this category, rising only 0.3% to $2.19.
Moreover, around 20 of the top 100 coins experienced price increases over the last 24 hours, notably many of which are linked to ETH. Kaspa (KAS) and Bitcoin Cash (BCH) rose the most, each gaining 5.2% to $0.0781 and $496, respectively.
On the downside, two coins have registered significant declines. Fartcoin (FARTCOIN) is down 11.3%, trading at $0.9739, while Sei (SEI) witnessed an 11% drop to $0.2755.
Additionally, SoFi, a financial platform based in San Francisco, plans to reintroduce BTC and ETH trading later this year after stepping back from the crypto scene in 2023. This relaunch will include added features such as crypto-backed loans, staking, and support for stablecoins.
$SOFI is rolling out new crypto-enabled features later this year, including self-serve international money transfers and the return of crypto investing.
Members will be able to send money abroad faster and cheaper using blockchain, with real-time transparency on fees and FX.… pic.twitter.com/EvNNJabpxz
— Wall St Engine (@wallstengine) June 25, 2025
‘Bitcoin’s Utility Phase is Approaching’
Dom Harz, co-founder of L2 BOB, observed that recent geopolitical uncertainties led to a brief dip in Bitcoin’s value below $99,000, followed by a rebound to stabilize above $105,000. Harz interprets this movement as indicative of increasing market maturity.
The rebound illustrates enhanced liquidity and greater integration of the coin into traditional investment portfolios, attracting interest from both institutional and retail investors. U.S. spot Bitcoin ETFs have displayed 12 continuous days of positive inflows—the longest streak seen since December 2024.
“Bitcoin is now at the crossroads of institutional acceptance, retail enthusiasm, regulatory clarity, and integration into the global financial framework,” Harz stated. “The next step will be a technological advancement that will facilitate true Bitcoin DeFi, and that breakthrough is on the horizon. With infrastructure developments keeping pace with capital inflows, Bitcoin is set to transition into its utility phase, laying the groundwork for the next chapter in finance and payments.”
In relation to ETFs, Andrejs Balans, Risk Manager at YouHodler, emphasized the overwhelming momentum behind Bitcoin ETFs, which have attracted billions in investments.
“This signifies that institutions are no longer just observing from the sidelines. They regard Bitcoin as a long-term asset, akin to gold or government bonds. Thanks to ETFs, they can invest through well-known and regulated avenues. While it may not be flashy, it serves as one of the most compelling indicators that crypto has secured its place in the financial landscape,” Balans noted.
The total assets under management have reached unprecedented heights, with more sophisticated investment strategies emerging around BTC, ETH, and diversified crypto baskets.
“This trend clearly reflects that the market is evolving beyond mere short-term speculation. It’s about strategic positioning, risk management, and a strong conviction in the future of digital assets,” Balans continued. “We’ve moved past the nascent stages of this market; we are now firmly establishing ourselves, not just out of novelty. With solid regulations, increasing trust, and institutional involvement, crypto is solidifying its role within the financial mainstream.”
Balans further elaborated on Ethereum’s evolving role, suggesting it is “quietly establishing itself as the backbone of the digital economy.” Its staking feature is drawing increasing interest from institutional investors. “The opportunity to earn yield on digital assets securely and compliantly is precisely the kind of offer that could further entice traditional finance into the crypto space,” he said.
Key Levels & Events to Monitor
As of now, Bitcoin is trading at $107,827. The price climbed gradually from an intraday low of $106,170, briefly reaching a daily high of $108,117 before correcting slightly back into the mid-$107,000 range.
Despite this, Bitcoin has successfully surpassed a key level that investors were keenly observing, the $107,500 mark. It also appears to be testing the $108,100 threshold again, creating opportunities for further upward movement. With these advancements, Bitcoin has recovered from a low of $98,974 to hit a weekly high. Next targets for traders are set at $110,490 and $112,080.
Bitcoin Price Chart. Source: TradingView
At the same time, Ethereum is trading at $2,480, having reached an intraday high of $2,510 earlier this morning (UTC). The digital currency is currently striving to exceed its weekly high of $2,552, though it has yet to do so. This marks a significant recovery from its intraweek low of $2,177.
Overall, market sentiment in the crypto space has transitioned to neutral territory after recently emerging from the fear zone. The Fear and Greed Index has slightly increased over the past day, moving from 48 yesterday to 50 today. These shifts suggest a sense of caution prevailing among investors, but not an atmosphere of panic.
Source: CoinMarketCap
Furthermore, on June 25, U.S. Bitcoin spot ETFs recorded a notable influx of $547.72 million. BlackRock led the charge with $340.28 million in inflows, followed by Fidelity with $115.19 million, resulting in a cumulative total net inflow of $48.14 billion.
Additionally, U.S. Ethereum ETFs have seen inflows of $60.41 million, with BlackRock contributing $55.18 million and Bitwise adding $5.23 million. The total accumulated net inflow now stands at $4.13 billion.
In a significant move, Japanese firm Metaplanet has acquired another 1,234 BTC, raising its holdings to 12,345 BTC as part of its ambitious ‘555 Million Plan,’ aiming to raise $5.4 billion to acquire 210,000 BTC by 2027.
*Metaplanet Acquires Additional 1,234 $BTC, Total Holdings Reach 12,345 BTC* pic.twitter.com/ppeGIrfVfe
— Metaplanet Inc. (@Metaplanet_JP) June 26, 2025
In addition, the Moscow Exchange is preparing to introduce a new Bitcoin index futures offering, alongside crypto funds and structured bonds. Managing Director Vladimir Krekoten indicated that the launch of this new BTC derivative instrument is imminent.
Quick FAQs
Why did crypto move against stocks today?
While the cryptocurrency market experienced a slight daily dip, the stock market displayed mixed results on Tuesday. The S&P 500 declined by 0.00033%, the Nasdaq-100 saw an increase of 0.21%, and the Dow Jones Industrial Average fell by 0.25%. Analysts suggest that the stock market’s fluctuations may be attributed to U.S. President Donald Trump seeking a replacement for Federal Reserve Chairman Jerome Powell.
Is this dip sustainable?
As analysts forecasted, the market is likely to continue experiencing dips while maintaining long-term price increases. This trend is expected to persist in the foreseeable future.
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