The cryptocurrency market shows signs of increasing positive action overnight as top cryptos continue gaining value in their respective portfolios. While Bitcoin retests its $111,000 today, the top altcoins are now preparing to breach their key resistance levels. Furthermore, the meme coin market has gained significant attention as most memes have claimed a position in the daily best-performer list.
Crypto Market Displays A Bullish Recovery
The Bitcoin price witnessed increased positive action over the last 20 hours. This resulted in it hovering extremely close to its ATH of $111,970 for a short duration. Further, this led to a market-wide reaction with top altcoins witnessing a similar price action. With a market cap of $2.206 trillion, it has a market share of 63.7886%.
Source: CoinMarketCap
The Ethereum price has successfully retested its $2,800 mark today with a jump of approximately 5%. On the other hand, the XRP price maintains its momentum and surpasses the $2.40 mark for the first time since 23rd May 2025.
However, taking advantage of the situation, the memecoin market recorded the highest volatility over the last 24 hours. While top meme coins like Dogecoin & Shiba Inu displayed a notable jump, Pepe, Bonk added approximately 7% each.
Source: CoinMarketCap
The PENGU tokens dominated the segment by adding over 27% during this period. This also resulted in it claiming the top gainers position in the daily time frame.
Following Pengu, Dogwifhat (WIF) and Fartcoin (FARTCOIN) also registered double digit gains. With highest loser Cronos being just down around 2%, that too due to retraction after yesterday’s rise, all the Altcoin are showing green candles today.
Trending Cryptos Today
- Doraemon DORAEMON
- Bitcoin (BTC)
- Ethereum (ETH)
- Hyperlane (HYPER)
- Pudgy Penguins (PENGU)
Top Gainers & Losers Today
| Gainers | Losers |
| Pudgy Penguins (PENGU): +27.09% | Cronos (CRO): -2.21% |
| Dogwifhat (WIF): +14.08% | DeXe (DEXE): -1.86% |
| Fartcoin (FARTCOIN): +10.86% | Aave (AAVE): -1.67% |
Crypto Market Cap Overview
At the time of writing, the global crypto valuation was at $3.47 trillion with an intraday trading volume of $140.98 billion, a significant change of +34.41% as per the latest data from CoinMarketCap. With a jump of 2.11% during this period, the market is indicating increasing bullish sentiment.
Adding to this, the Fear & Greed index has jumped to 58, suggesting a slight shift toward the bullish territory. The Altcoin season index however is unable to move out of its extreme Bitcoin season and is currently at 26.
Coming forward to the Coinglass data, a total of 131,723 traders have been liquidated over the past day bringing the total flow value to $524.35 million. Of the liquidations, the single largest was recorded on the HTX cryptocurrency exchange on the BTC/USDT pair. The value of this was $51.56 million.
