Bitcoin Surges To $108,000 Amid Crypto Market Revival
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This Week’s Summary
- The cryptocurrency market looks set to end the week at a total market capitalization of around $3.32 trillion.
- Bitcoin increased by over 5% to trade at around $108,000.
- Ethereum gained nearly 8% to trade at around $2,450.
- XRP moved up by 9%, Solana up by 14%, and Dogecoin up by 6%.
- Almost all altcoins have been seen trading in the green, with nearly no exceptions.
- The DeFi sector decreased the total value of protocols (TVL) to around $108 billion.
Crypto Trends for the Week of June 23-29, 2025: Market Analysis and Performance
The cryptocurrency market has been experiencing a surprising revival following months of extreme volatility. The past week saw significant movements in international politics, including a periodic ceasefire between Iran and Israel, mitigated by US President Donald Trump.
The recent events helped the global financial world to recover slightly, with the cryptocurrency market making a spectacular return to form. As a result, most cryptocurrencies recorded impressive gains, and the market capitalization increased to around $3.32 trillion.
Bitcoin started the week trading closer to $100,000. However, it soon recovered to increase steadily with every hour. Positive news from the recent international conflicts helped the king of cryptocurrencies gain even more terrain. The recent value spike helped BTC close in on the much-coveted $110,000 level. Recently, Bitcoin has been trading at a little over $108,000.
Ethereum has finally been trading in the green again. The second crypto in command was in danger of dropping below the psychologically daunting level of $2,000. However, the market’s positive turn helped it recover substantially. Following an 8% increase, ETH has been hoping to cement its position at around $2,500.
Altcoins & DeFi
Most altcoins have been trading in the green, with only a few exceptions. For example, XRP moved up by 9%, Solana moved up by 14%, Cardano moved up by 4%, Avalanche moved up by 8%, Sui moved up by 12%, Chainlink moved up by 13%, Hyperliquid moved up by 16%, and Stellar moved up by 3%.
The memecoins have not been faring any differently, either. For instance, Dogecoin increased by 6%.
The Metaverse sector has also witnessed some notable movements over the past week. For instance, Axie Infinity moved up 9%, Stacks moved up 19%, and Floki moved up 17%. Meanwhile, Decentraland rose by 8%, Render rose by 16%, and ApeCoin rose by 9%. The Sandbox increased by 4% and MultiversX by 10%. Additionally, Virtuals moved up by 23%.
The DeFi sector added over $8 billion from the total value locked in protocols (TVL), surging to around $112.34 billion.
What’s in the News?
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Chainlink has teamed up with MasterCard to enable 3 billion MasterCard cardholders to buy cryptocurrency seamlessly.
Next Week’s Crypto Market Forecast
The cryptocurrency market has enjoyed some of its better days in recent memory. It’s worth noting that the last time the market surged in such a spectacular fashion, Bitcoin went from $ 60,000 to $100,000. Hopefully, the recent positive trend will help the entire market test for new limits.
About the Author
Born and raised in Romania, and currently living in Spain. Iulian discovered a knack for writing from a tender age, and even won some minor awards for fiction that didn't pay much.
Iulian became a content writer in 2011, and he is still doing it to some degree of success today. He is currently specialized in cryptocurrencies, technology, online marketing, and social media. In his free time, Iulian likes reading, traveling, and watching sports. His dream is to see Bitcoin reach $100,000 just so he can tell his friends “I told you so."
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