As of July 11, 2025, the global cryptocurrency market capitalization has soared to $3.64 trillion, marking a strong 5.14% gain in the past 24 hours. This surge is driven by continued institutional inflows into spot crypto ETFs, renewed confidence among retail investors, and growing enthusiasm for innovative blockchain ecosystems.
Despite lingering caution in broader economic signals, the crypto market demonstrates robust momentum, particularly in major altcoins and the meme coin segment.
Bitcoin is currently trading at $116,593, posting a solid 4.96% increase in the last 24 hours. Intraday price movement has ranged from $110,761 to $116,827, reflecting strong bullish momentum and investor optimism. With sustained ETF inflows and growing institutional exposure, BTC continues to affirm its dominance as a digital store of value.
Analysts note that a clean break above the $118,000 resistance level could initiate a broader uptrend, while downside risk remains limited by strong support around $112,000.
Ethereum is currently priced at $2,964, showing an impressive 6.92% gain over the past day. It has been trading between $2,767 and $2,981, benefiting from persistent DeFi activity, expanding Layer-2 adoption, and increased staking participation.
The critical resistance at $3,000 is now within striking distance; a successful breakout could pave the way for a move toward $3,200. On the downside, ETH has strong technical support at $2,900 and $2,800, which cushions it against short-term volatility.
Avalanche is currently trading around $20.86, up 7.28% in the last 24 hours. The platform continues to gain traction as a high-performance Layer-1 solution, thanks to its low-latency network and expanding DeFi infrastructure. A decisive push above $21.00 could mark the beginning of a bullish leg, with price support forming near $19.50.
Cardano has seen a sharp rise, currently priced at $0.68, surging 10.6% over the past day. The blockchain's emphasis on academic rigor and ongoing ecosystem upgrades has sparked investor interest. Resistance is building at $0.70, while ADA finds technical support around $0.62, underpinning its recent gains.
Chainlink is trading at $15.34, showing a 7.34% intraday gain. As the leading oracle provider, LINK benefits from the growing demand for secure data feeds across DeFi platforms. A rally toward $16.00 appears likely if momentum persists, with key support at $14.00 offering a safety net for short-term traders.
XRP is currently priced at $2.56, up 5.9% in the past 24 hours. Ripple’s focus on cross-border payment solutions and recent legal clarity surrounding its status have bolstered investor confidence. A breakout above the $2.70 level could extend gains, with solid support anchored around $2.
Shiba Inu is currently trading at $0.00001345, up 13.72% in the last 24 hours. SHIB continues to enjoy strong community support and growing adoption in online retail and DeFi integration. Traders are watching the $0.00001400 resistance level closely, while technical support around $0.00001250 provides downside protection.
Pepe, another fan-favorite meme coin, is trading at $0.00001272, marking a sharp 15.32% rise on the day. The token’s resurgence is attributed to renewed social media buzz and speculative buying. A breakout above $0.00001300 could further boost sentiment, while $0.00001180 offers a strong support base.
The broader market outlook remains bullish. While global economic uncertainty and cautious central bank policies persist, the cryptocurrency sector is demonstrating resilience, supported by steady ETF allocations and increasing investor appetite. The shift in capital toward high-potential altcoins and meme tokens underscores a risk-on sentiment among market participants.
With key levels in BTC and ETH approaching potential breakout zones, and with altcoins showing technical strength, the market appears primed for continued expansion.
The cryptocurrency market, now valued at $3.64 trillion, is showcasing remarkable resilience and diversity. Bitcoin’s breakthrough above $116,000 and Ethereum’s steady march toward $3,000 are reaffirming confidence in core assets.
Meanwhile, altcoins like Avalanche, Cardano, Chainlink, and XRP are rising on solid use-case potential and vibrant development ecosystems. On the cultural side, Shiba Inu and Pepe are once again proving the power of community-driven tokens in an evolving digital landscape.
As the market continues to respond to macro and micro trends, investors should stay vigilant, capitalize on emerging opportunities, and prepare for the next leg of crypto growth.