Categories: MarketsMenafn

Bitcoin Back At $65,000, XRP Gains Over 11%

Bitcoin has continued to lead the market rally as altcoins and meme coins surge back to previous highs, driving positive sentiments across the broad cryptocurrency market.

These bullish price trends have seen the broad crypto market capitalization surge to $2.38 trillion, an increase of 3.13% over the past day. 

According to a recent report, the adoption of cryptocurrencies has relatively increased in the past few days as the crypto market witnessed notable spikes in the inflow of digital assets following significant buying activities last week. This massive buying activity, which has sparked high bullish sentiments across the market, has seen the overall market volume increase significantly by 43.30% to $99.55 billion over the last day.

Furthermore, the world’s largest cryptocurrency, Bitcoin, accounts for 53.8% of the market capitalization. Imitating its price movement, social sentiments on Bitcoin are on the rise as LunarCrush metrics reveal that bullish sentiment votes on Bitcoin have surged by more than 12%.

Bitcoin and Altcoins Continue Rally

Today’s positive price performance saw Bitcoin resume its bullish trajectory, rebounding back to its one-month high. There are speculations that the rapid surge in the price of Bitcoin was fuelled by Trump’s assassination incident, which has further fortified investors’ confidence in crypto investments.

As of this writing, Bitcoin is trading at $65,188, an increase of 3.42% over the past 24 hours. The cryptocurrency saw a decent price correction during its last intraday session as its price plunged to a low of $62,612 during the early hours of today.

Top altcoins and popular meme coins have continued to mimic this positive price movement, as Ethereum and SOL saw notable daily gains of more than 3.78% and 5.25%, respectively. As such, Ethereum has rebounded to $3494 and SOL to $161 at press time.

XRP Soars by 11.73%

XRP has emerged as one of today’s top gainers as the cryptocurrency has increased by 11.73% over the last day. Hence, XRP is seen trading at $0.586 as of press time.

Notably, cryptocurrency has surged significantly by 93.84% in volume, suggesting a massive ignition of bullish sentiments among its investors.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

Camp Network Acquires Strategic Stake in KOR Protocol to Accelerate Tokenized IP and AI-Native Content

This partnership brings new IP and creative assets onchain to power new forms of collaborative…

55 minutes ago

TR.ENERGY: Buy TRON Energy and Fee Savings on USDT Transfers in the TRX Network

Sharjah, UAE, 5th July 2025, ZEX PR WIRE, TR.ENERGY is a high-tech decentralized platform for efficient…

2 days ago

Closed Zero-Day Market Offers Targeted Exploits for WhatsApp, Android, iOS, macOS, and Linux

New York, US, 5th July 2025, ZEX PR WIRE, A growing number of cybersecurity professionals are…

2 days ago

Atelier Home Sets a New Standard for Luxury Home Decor

Berlin, Germany, 2nd July 2025, In the heart of Europe’s design capital, a new name…

5 days ago

WEMADE and Redlab Games Unleash Blockbuster Web3 MMORPG – ROM: Golden Age – Global Pre-Registration Now Open for August 2025 Launch!

Singapore, 2nd July 2025, ZEX PR WIRE, WEMADE and Redlab Games are thrilled to announce…

6 days ago

Angry Pepe Fork Unveils Deflationary Roadmap as PI Network Crosses 60M Users

New York, USA, 1st July 2025, ZEX PR WIRE, While PI Network officially passes 60…

6 days ago