Crypto Price Today: Bitcoin Near $116K, Ethereum Around $4,500

Bitcoin Holds $116,000 as Ethereum Stays Near $4,500; XRP Crosses $3 in Latest Trade

The global cryptocurrency market is valued at around $4.13 to $4.15 trillion. This marks a rise of nearly 1% in the past 24 hours. Daily trading volume is estimated between $140 billion to $150 billion, showing that investor activity remains strong. Bitcoin continues to dominate with a share close to 56% to 58%, while Ethereum holds a significant secondary role.

This steady growth reflects cautious optimism. Although the market has not seen a dramatic surge in the past day, the gradual increase in value shows continued investor confidence in digital assets.

Bitcoin Performance

Bitcoin (BTC), the largest cryptocurrency, is trading in the range of $115,000 to $116,500. Over the last 24 hours, it has gained close to 1%. Analysts note that Bitcoin is consolidating in a symmetrical triangle pattern, which often signals preparation for a larger price move. This could lead to either a breakout upward or a correction downward, depending on wider global economic and regulatory signals.

In India, Bitcoin is trading near Rs. 1 Crore, a level that carries psychological importance for traders in the local market. Crossing and holding this level reflects strong investor interest.

Ethereum Movement

Ethereum (ETH), the second-largest cryptocurrency, is priced around $4,500. Its performance has been mixed, with some exchanges recording modest gains and others small losses. This sideways movement shows that Ethereum, like Bitcoin, is consolidating.

Despite limited price action, Ethereum remains a backbone of the crypto ecosystem. It plays a crucial role in decentralized finance, smart contracts, and network upgrades, which ensures sustained investor attention even during quiet trading phases.

Altcoin Activity

Other major coins have also shown notable moves. XRP is priced between $3.02 and $3.05, recording a moderate rise in the last 24 hours. Binance Coin (BNB) is trading near $958, with a strong gain of nearly 4%. Solana (SOL) is around $234 to $236 and has been relatively stable, though slightly weaker in some markets.

Stablecoins such as Tether (USDT) and USD Coin (USDC) remain firmly pegged near $1.00, continuing to dominate trading volumes. Their role as a bridge between fiat currency and crypto remains critical to market liquidity.

Regional Insights from Asia

The Asia-Pacific region has become one of the most active hubs for crypto trading. Over the twelve months ending June 2025, transaction volumes in the region increased from $1.4 trillion to $2.36 trillion, marking a growth of about 69%. India has been a leading contributor to this surge, ranking among the top countries in crypto adoption.

For Indian investors, Ethereum has been gaining traction while altcoins are showing mixed results. Some decentralized finance tokens and meme coins have drawn speculative interest, but there is a gradual shift toward tokens with stronger practical use cases.

Regulatory and Policy Developments

Policy decisions have played a major role in shaping sentiment this week. In India, the government has made cybersecurity audits mandatory for all exchanges, custodians, and intermediaries. This step aims to reduce risks of hacking and fraud while boosting trust among investors.

On the global front, the United States and the United Kingdom are moving toward greater cooperation on cryptocurrency regulation. Both countries are aligning their approach to stablecoins and digital securities, with discussions around joint sandboxes where new financial products can be tested. Such moves may lead to more predictable and transparent rules for global markets.

Another major announcement came from Tether, the issuer of the world’s largest stablecoin, USDT. The company plans to launch a new US-focused stablecoin called USAT. It will be issued through a regulated trust bank and designed to meet American compliance standards. This reflects how major issuers are adapting to tighter regulatory environments.

Emerging Tokens and Market Shifts

The market has also seen activity in new and emerging tokens. Meme coins such as Shiba Inu and Pepe Coin experienced short-lived rallies but quickly dropped again. Shiba Inu fell by about 4.62% and Pepe Coin by 5.19% in the last 24 hours.

In contrast, tokens with stronger fundamentals are gaining attention. Remittix (RTX), for instance, recently launched a beta wallet that supports both fiat and crypto assets with advanced security verification. Investors are starting to move funds from speculative meme tokens into projects like Remittix that highlight utility and security.

Policy Debate in the United States

A significant policy discussion is underway in Washington, D.C. Lawmakers and industry leaders have debated the proposed Bitcoin Strategic Reserve Act. This plan would allow the US government to build a reserve of up to 1 million BTC over five years. If passed, this could drive institutional demand and influence the long-term price of Bitcoin.

Meanwhile, India continues to resist calls for a full legal framework for cryptocurrencies. Policymakers worry about systemic risks if digital assets become too integrated into the financial system. Instead, they are adopting targeted oversight measures such as mandatory audits, while avoiding a broader legalization.

Technical and Sentiment Trends

From a technical perspective, Bitcoin’s consolidation phase signals cautious optimism. The symmetrical triangle pattern shows that the market is waiting for a clear trigger. This could be macroeconomic data such as inflation reports, interest rate decisions from central banks, or new regulatory announcements.

Investor sentiment is also evolving. While speculative interest in meme tokens remains, there is a clear shift toward projects that offer tangible benefits. Investors are rewarding tokens that provide strong security frameworks, compliance measures, and real-world applications.

Risks and Challenges Ahead

Despite positive trends, several risks continue to weigh on the market. The most prominent is regulatory uncertainty. Decisions made in the US, the UK., and India could cause sharp price swings depending on how strict or supportive the rules turn out to be.

Interest rate policies remain another key risk. Higher rates tend to reduce demand for riskier assets like cryptocurrencies, while lower rates often provide fuel for rallies.

Security remains an ongoing concern. Hacks and scams continue to affect the industry, and while mandatory audits may reduce risks, they cannot eliminate them completely. Investors must remain alert to these threats.

Outlook

At present, the crypto market is moving with measured confidence. Bitcoin and Ethereum are holding steady at key levels, while altcoins show a mix of gains and pullbacks. The next big move is likely to come from policy changes in major economies or shifts in global financial markets.

Looking forward, projects with real-world utility, strong compliance, and solid security are expected to attract the most attention from serious investors. The market appears to be slowly maturing, moving away from purely speculative trading into a more sustainable phase that emphasizes long-term value.