đ Bitcoin Rockets to $108K as Crypto Market Roars Back to Life
Bitcoin just punched through six figuresâagain. The OG crypto surged to $108,000 today as digital assets staged their most aggressive comeback since the 2024 halving. Traders are calling it the 'WMA effect' (that's 'Whale Manipulation Appreciation' for you normies).
### The Domino Effect
Altcoins followed BTC's lead like desperate VC-funded startups chasing a trend. Liquidity flooded back into majorsâthough some degenerate tokens still traded like penny stocks with extra steps.
### Wall Street's Late Pass
Institutional desks reportedly missed the first 30% of the moveâtoo busy explaining to compliance why they need a 'digital asset strategy' three years after everyone else. Meanwhile, retail traders YOLO'd into leveraged longs like it was 2021.
### The Cynical Take
Sure, the rally's realâbut let's see how long it lasts once the Fed starts pretending to care about inflation again. For now? Enjoy the dopamine hit while Wall Street plays catch-up.
This Weekâs Summary
- The crypto market ends the week at a total market capitalization of $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 is up 9%, Solana is up 14%, and Dogecoin is up 6%.
- Almost all altcoins are trading in the green, with nearly no exceptions.
- The DeFi sector decreased the total value of protocols (TVL) to around $108 billion.
Crypto Trends 23 â 29 June 2025: Market Analysis and Performance
The crypto market experiences 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 crypto 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. Currently, Bitcoin is trading at a little over $ 108,000.
Ethereum is finally 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 marketâs positive turn helped it recover substantially. Following an 8% increase, ETH is hoping now to cement its position at around $2,500.
Altcoins & DeFi
Most altcoins are trading in the green, with only a few exceptions. For example, XRP is up 9%, Solana is up 14%, Cardano is up 4%, Avalanche is up 8%, Sui is up 12%, Chainlink is up 13%, Hyperliquid is up 16%, and Stellar is up 3%.
The memecoins are not faring any better, either. For instance, Dogecoin is up 6%, shiba inu is up 8%, and Shiba Inu is up 9%.
The Metaverse sector has also seen notable movements in the past week. For instance, Axie Infinity is up 9%, Stacks is up 19%, and Floki is up 17%. Meanwhile, Decentraland is up 8%, Render is up 16%, and ApeCoin is up 9%. The Sandbox increased by 4% and MultiversX by 10%. On the other hand, Virtuals is up by 23%.
The DeFi sector added over $8 billion from the total value locked in protocols (TVL), surging to around $112.34 billion.
Crypto Market Analysis â Whatâs in the News?
- Chainlink has teamed up with MasterCard to enable 3 billion MasterCard cardholders to buy crypto seamlessly.
Next Weekâs Crypto Market Forecast
The crypto market has enjoyed some of its better days in recent memory. Itâs 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.