As of July 7, 2025, the global cryptocurrency market capitalization has climbed to $3.37 trillion, reflecting a 1.41% increase over the last 24 hours. This notable rise highlights continued investor optimism fueled by expectations of monetary easing by the U.S. Federal Reserve and consistent institutional inflows into digital assets.
With ETF-driven demand growing and real-world applications expanding, the crypto market continues to exhibit a strong bullish undertone.
Bitcoin is currently trading at $109,260, marking a solid 1.10% intraday gain. The price range for the day has stretched from $107,846 to $109,561, with BTC repeatedly testing resistance just beneath the key $110,000 level. This sustained activity near the top of the range is largely driven by consistent institutional interest, particularly through ETFs, and long-term holding behavior by major market participants.
The realized market cap of Bitcoin is on an upward trajectory, underscoring firm conviction from institutions that are positioning BTC as a digital equivalent of gold. Should a breakout above the $110,000 to $111,000 range materialize, analysts anticipate a renewed upward surge. Conversely, strong support is consolidating around $108,000, providing a sturdy base against short-term pullbacks.
Ethereum is currently trading around $2,574, delivering a healthy 2.45% increase in the past 24 hours. Price action remains within a band of $2,506 to $2,598, as ETH continues to consolidate above the psychologically important $2,500 mark. The strength is bolstered by growing participation in staking, increased adoption of Layer-2 scaling solutions, and rising transaction throughput across the decentralized finance (DeFi) ecosystem.
Market observers suggest that a decisive move above $2,600 could open the way for further gains toward the $2,700 to $2,800 range. Meanwhile, technical support remains robust at $2,550 and $2,500, buffering the market from downward volatility.
While Bitcoin and Ethereum continue to dominate, several emerging and infrastructure-focused altcoins are drawing increased attention from investors due to their solid fundamentals and utility-driven ecosystems.
LINK is trading at $13.55 with an increase of 2.59% in the last 24 hours, showing resilience amid growing demand for decentralized oracle services. The rise in adoption of smart contracts and cross-chain integrations is fueling LINK’s upward momentum, with resistance expected between $14 - $15 and key support forming near the $12 level.
TON is currently priced at $2.82, up 3.37% in the last 24 hours, benefiting from its seamless integration with the Telegram messaging ecosystem and expansion into Web3 applications. Its lightweight architecture and growing developer community position it as a top contender in the decentralized communications space. Resistance lies in the $3.00 to $3.20 region, while support is building around $2.70.
QNT is trading around $109.22 with an increase of 2.36% in the last 24 hours, maintaining strong investor confidence as enterprises seek solutions for blockchain interoperability. With its Overledger platform enabling seamless integration across various distributed ledgers, QNT continues to be favored by institutions. Resistance is observed at $115, and support is forming near $100.
HBAR, priced at $0.1604 with an increase of 4.84% in the last 24 hours, is gaining traction thanks to its enterprise-grade infrastructure and low-cost, energy-efficient consensus model. Hedera’s growing footprint, particularly in Asia, is helping drive momentum. Technical resistance can be seen around $0.18, while key support holds near $0.15.
Meme coins continue to capture the attention of retail traders and online communities, driven by a combination of viral appeal, tokenomics innovation, and speculative enthusiasm.
Floki is currently trading at $0.00008608 with an increase of 15% in the last 24 hours, riding a wave of retail interest due to its aggressive marketing campaigns, educational initiatives, and metaverse integrations. With a market capitalization hovering around $830 million, FLOKI’s ongoing development in decentralized finance and gamification makes it a standout in the meme coin category. Resistance could emerge near $0.000010, while technical support is observed around $0.00008.
TRUMP, launched in January 2025 on the Solana blockchain, is trading at $8.65 with an increase of 1.71% in the last 24 hours, and continues to make headlines for its political satire and volatility. Although its price has decreased significantly from earlier highs, the token remains relevant in the meme coin conversation due to its strong social media presence and speculative momentum.
The latest upswing in the crypto market is being powered by a mix of macroeconomic optimism and capital inflows. Hopes of an upcoming interest rate cut by the U.S. Federal Reserve are reigniting interest in risk assets like cryptocurrencies.
Simultaneously, Bitcoin ETF inflows remain consistent, indicating growing confidence from institutional investors. Sentiment indicators, such as the Crypto Fear & Greed Index, remain deeply embedded in the "Greed" zone, underlining continued bullish sentiment.
With a 1.41% daily increase in total market capitalization, the cryptocurrency market is showing robust resilience and optimism. Bitcoin remains well-positioned near $109,260, while Ethereum consolidates gains above $2,570, both of which serve as bellwethers for market sentiment. Altcoins like Chainlink, Toncoin, Quant, and Hedera are drawing strength from growing ecosystems and enterprise relevance.
Meanwhile, meme coins such as Floki and TrumpCoin continue to attract traders seeking speculative opportunities, blending internet culture with blockchain innovation. As institutional participation deepens and macroeconomic conditions become increasingly favorable, the crypto market looks set for further expansion in the months ahead, potentially ushering in a new leg of the ongoing bull cycle.