Crypto market update: Here’s how Bitcoin, Ethereum, and others are performing today

Bitcoin price on Monday, June 16, 2025: The crypto markets were beginning to recover following a correction linked to ongoing geopolitical uncertainties. The leading cryptocurrency, Bitcoin (BTC), remained solidly above the $106,400 mark after a brief drop to $103,200. Market analysts observed that investor confidence continues to be positive, fueled by steady institutional inflows via Exchange Traded Funds (ETFs).

On Monday, June 16, 2025, at 10:45 AM, the trading price of Bitcoin was approximately $106,429.95, reflecting an increase of 0.81 percent. In the last day, BTC fluctuated between $104,519.88 and $106,477.76, and its trading volume reached $40.14 billion. According to CoinMarketCap, it maintained its status as the largest cryptocurrency in the world by market value, with a market capitalization of $2.11 trillion.

Expert weigh in 

Riya Sehgal, a research analyst at Delta Exchange, maintains a positive outlook for the flagship currency, noting that ETF inflows remain robust. Sehgal emphasized Metaplanet’s strategy to obtain 210,000 BTC via an equity raise amounting to $5.4 billion. At the same time, MicroStrategy maintains a significant total of 582,000 BTC on its balance sheet.

Edul Patel, who is the CEO and co-founder of Mudrex, expressed similar sentiments, noting that there has been a marked improvement in investor sentiment owing to robust institutional purchases via ETFs. Patel also pointed out remarks made by Michael Saylor, who has suggested that he may buy more Bitcoin even with the larger geopolitical risks. This confidence is backed by on-chain data, which reveals stable exchange netflows and suggests that the majority of investors are not seeking to exit their positions.Patel expects a move towards $108,500 if Bitcoin remains above $106,000, with support located around $103,500.

Im Gegensatz dazu bestimmt Sehgal den maßgeblichen Widerstand in der Preisspanne von 106.750 $ bis 107.500 $. A breakout could pave the way to $110,000. She warned, though, that if the value were to fall below $104,000, this could cause a retest of either $103,200 or $100,000.

Ethereum gains alongside BTC

Ethereum (ETH), which ranks as the second-largest cryptocurrency by market cap, was also demonstrating strength. It was last observed trading at $2,580.37, reflecting a 1.71 percent increase. In the last 24 hours, ETH has varied between $2,493.20 and $2,580.15.

Sehgal pointed out that Ethereum faces immediate resistance at $2,620 and has support at $2,500. If ETH manages to maintain its position above $2,620, it could advance into the $2,720–$2,880 range. On the other hand, if the value drops below $2,500, it may lead to additional decreases toward the $2,440–$2,350 area.

Altcoins were up A number of other significant cryptocurrencies were up. Hyperliquid (HYPE) experienced an increase of 8%, and Solana (SOL) rose by 7.50%. Cardano (ADA) increased by 2 percent, Ripple (XRP) grew by 1.38 percent, and Binance Coin (BNB) rose by 0.7 percent, mirroring the overall positive sentiment in the altcoin market.

Leading traded cryptocurrencies As per CoinMarketCap, the leading actively traded cryptocurrencies comprised Solana (SOL), Bitcoin (BTC), Seraph (SERAPH), Bitcoin Cash (BCH), and Polyhedra Network (ZKJ), indicating robust market interest in both established tokens and new entrants.

 

 

 

 

 

 

 

Disclaimer and Risk Warning
coinweck 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.