Crypto Market Update: Bitcoin Holds Above $106K, Ethereum Eyes $2.46K as Fed Decision Looms
As of June 25, 2025, the global crypto market cap stands at $3.28 trillion, up 1.23% in the past 24 hours. The rebound reflects renewed investor optimism, steady ETF inflows, and easing geopolitical concerns. All eyes are now on the U.S. Federal Reserve’s upcoming decision, which could influence the next major move in crypto markets.
Bitcoin (BTC): Consolidating Above $106K
BTC is trading at $106,262, gaining 1.36% in the last 24 hours. The asset has moved between $104,834 and $106,479, with a market cap of $2.11 trillion. A bounce from sub-$100K levels was driven by aggressive ETF inflows and rising institutional demand.
Technically, Bitcoin is building strong support near $105K. If momentum continues and macro conditions remain favorable, BTC could test the $110K–$115K resistance range soon.
Ethereum (ETH): Approaching $2.46K Resistance
ETH is up 1.87%, trading around $2,440 with a daily range of $2,386 to $2,474 and a market cap near $295 billion. Recent gains are driven by institutional interest in ETH ETFs and protocol upgrades like Pectra, enhancing scalability and validator efficiency.
A firm base above $2,430 sets the stage for a potential move to $2,600–$2,700, supported by DeFi and NFT adoption.
Altcoin Highlights
BNB—Trading at $646 (+1.03%), BNB benefits from its integral role in the Binance ecosystem. Sustained momentum could push it toward $700–$720.
XRP—Priced at $2.17 (+1.28%), XRP remains supported by legal clarity and adoption in cross-border payments. A hold above $2.15 could see it targeting $2.40–$2.50.
Hyperliquid (HYPE)—At $38.24, HYPE rose 3.6% thanks to rapid user growth on its decentralized perpetuals exchange. Momentum could carry it toward $40–$45.
Cardano (ADA) – Up 0.61% at $0.5834, ADA is buoyed by upcoming Basho era upgrades focused on scalability. Holding above $0.58 positions it for a climb to $0.65–$0.70.
Memecoins in Motion
Bonk (BONK) – Up 1.15% to $0.00001405, BONK rides Solana-based hype and NFT partnerships. Continued interest could lift it to $0.000020–$0.000030.
Floki (FLOKI) – Trading at $0.00007406, FLOKI surged 2.27% as it expands into education, gaming, and DeFi. Further growth could push it to $0.000080–$0.000090.
Market Outlook: Fed Holds, Eyes July Rate Cut
The Federal Reserve is expected to keep rates steady at its next meeting, with the possibility of a rate cut in July if inflation data permits. This stance bodes well for risk assets like crypto.
In addition to favorable Fed signals, reduced geopolitical tension and ongoing ETF inflows are bolstering investor confidence. On-chain activity from institutions remains strong, signaling long-term bullish sentiment.
Final Thoughts
Crypto markets are in a consolidation phase, with Bitcoin solid above $106K and Ethereum nearing $2.45K. Altcoins like BNB, XRP, HYPE, and ADA are gaining traction, while memecoins like BONK and FLOKI continue to ride community momentum.
With macro stability and institutional engagement intact, the stage is set for either a decisive breakout or a steady accumulation cycle heading into the second half of 2025.
Disclaimer and Risk Warning
CoinWick does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. Coinweck should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.