Zinger Key Points
- The global cryptocurrency market capitalization is on the rise as institutional demand for Bitcoin continues to grow.
- One trader questions whether it's time for another test of $100,000.
- NOW OPEN: 200 Charter Memberships to Benzinga Trade Alerts
Cryptocurrency markets are trading slightly up on Monday, with speculation surrounding the odds for the approval of altcoin ETFs.
Cryptocurrency | Price | Gains +/- |
Bitcoin BTC/USD | $97,303.56 | +1.1% |
Ethereum ETH/USD | $2,672.76 | +1.4% |
Solana SOL/USD | $202.19 | +0.99% |
XRP XRP/USD | $2.43 | +0.9% |
Dogecoin DOGE/USD | $0.2538 | +1% |
Shiba Inu SHIB/USD | $0.00001584 | +0.99% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increased by 0.8% and daily active addresses down by 2.5%. Transactions greater than $100,000 are down from 7,360 to 7,194 in a single day. Exchanges netflows decreased by 318.6%.
- Coinglass data reports 119,776 traders were liquidated in the past 24 hours for $245.82 million.
Notable Developments:
- New Bitcoin ETF Limits Losses To 20%, Offers Risk-Controlled Exposure
- TRUMP Meme Coin Left A Sour Taste In Traders’ Mouths: 10x Research
- Coinbase CEO Brian Armstrong Says Bitcoin Adoption To Reach ‘Billions’ By 2030
- Trump Vs. Polymarket Crypto Bettors: Whose Prediction On Super Bowl LIX Appears To Be Coming True?
- Is Solana’s Growth Being Held Back By A Technical Bottleneck?
- Strategy Acquires 7,633 Bitcoin For $742.4 Million, Boosts Holdings To 478,740 BTC
- Man Whose $775 Million Bitcoin Fortune Lies Buried In A Landfill Now Wants To Buy The Trash Heap
Top Gainers:
Cryptocurrency | Price | Gains +/- |
Fartcoin FARTCOIN/USD | $0.644 | +31.4% |
Litecoin LTC/USD | $119.37 | +12.3% |
Raydium RAY/USD | $5.22 | +9.7% |
Trader Notes: With Bitcoin prices opening the week higher, crypto trader Jelle highlighted that BTC has broken and retested the local downtrend. He now wonders if it’s time for another test of $100,000.
Meanwhile, Rekt Capital reiterated that Bitcoin's bull market is expected to peak in 2025, marking the start of a new bear cycle.
He predicts the majority of the bear market will play out in 2026, lasting over 365 days with a potential drawdown of -65% to -80%.
Crypto trader CJ disclosed that BTC has entered a position around $95,000, with a key focus on holding $96,300 in case of a pullback during the NY session. He emphasized: “$100,000 is the main pivotal level – can’t get too excited while we are below.”
Bloomberg ETF reporter Eric Balchunas has stated his altcoin ETF approval odds, with Litecoin LTC/USD leading at a 90% chance, followed by Dogecoin, Solana and XRP.
Read Next:
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.