Crypto Markets Surge as Bitcoin Retakes $110K and Ethereum Smashes $2,700 Barrier

Crypto bulls are back in charge as Bitcoin claws its way to $110K—proving once again that reports of its death were greatly exaggerated. Meanwhile, Ethereum flexes its muscles with a decisive breakout above $2,700.

Altcoins join the party: XRP, BNB, and SOL all post 2% gains—because what’s a crypto rally without the supporting cast? Traders cheer while traditional finance pundits scramble to explain how ’speculative assets’ keep outperforming their beloved bonds.

Another day, another reminder that the market doesn’t care about your risk models. Just ask the hedge funds still shorting BTC at these levels.

Ethereum, on the other hand, caught the market attention again with it recovering from earlier May lows and soaring past $2,700 in a solid uptrend. Technical indicators like MACD pointing to continued upward potential with analysts eyeing $2,800-$2,900 range as ETH’s next major target.

As per CoinMarketcap data, ethereum is currently trading at $2,691–up 5.97% in the past 24 hours. It surged as high as $2,711 earlier today while attempting for another push above $2,800 in a potential continued uptrend. 

Looking ahead, price predictions are optimistic, with some forecasting Bitcoin could hit $120,000 and Ethereum $3,000 by weekend. 

Altcoins like XRP, BNB, and SOL also followed Ethereum’s rally, with each gaining over 2% in the past 24 hours. Solana stood out in particular, with reporting a 2.67% gain and trading near $179, as its resilience and bullish patterns caught traders’ attention. BNB reached $690, while XRP hit $2.33, supported by positive market sentiment. However, not all altcoins kept pace, with some like Sui (SUI) and chainlink (LINK) seeing slightly higher gains of 3-4% in certain reports.

Trending Crypto Today

• ETH (Ethereum)
• XRP (XRP)
• CAKE (Pancakeswap)
• SOL (Solana)
• BNB (BNB)

Market Cap Overview

As per CoinMarketCap data, the global crypto market cap today sits at $3.48 trillion in valuation, which has gained 1.59% in the past 24 hours. The 24 hour trading volume in the crypto markets is currently $127.41 billion. 

Also read: Ethereum in Spotlight as SharpLink Gaming Bets $425M on ETH