Crypto Price Today (June 10): Ethereum Briefly Touches $2,800; Bitcoin, Solana, XRP Shows Resilience

The cryptocurrency market displayed notable resilience, with Ethereum briefly touching the $2,800 mark for the first time since February, signaling renewed investor confidence. Bitcoin, Solana, and XRP also posted decent gains, buoyed by positive market sentiment and macroeconomic developments.

Ethereum (ETH) led the charge, reaching $2,800 before settling around $2,750, a significant milestone reflecting its strength. Analysts attribute ETH’s surge to enthusiasm over its recent increased institutional adoption, with some speculating a potential climb toward $4,000 based on historical fractal patterns. However, the market remains cautious, as ETH faces resistance near its three-month high of $2,800, with traders eyeing whether this marks the start of a sustained trend.

At the time of writing, ETH is trading near $2,740—up 8.86% in the past 24 hours. It has a 24 hour trading volume of $33.47 billion, which has increased by staggering 108% today. 

Source: CoinMarketCap

Bitcoin (BTC) traded with decent volatility at approximately $108,900, up slightly 0.80% in 24 hours, as it continues to hover near its all-time high of $111,980. Market observers, including trader Cas Abbe, suggest BTC could push past $110,000 if buying pressure persists, potentially triggering a parabolic rally for altcoins. 

Among leading altcoins, Solana (SOL) is showing strength with it trading at $158, showing a modest uptick after bouncing off its 50-day EMA support at $160. Despite recent volatility, SOL’s recovery signals potential to challenge the $180 resistance level, with increased trading volume suggesting genuine market interest. Speculation around U.S. spot ETF approvals for Solana continues to drive optimism, though bearish sentiment lingers due to short positions hitting a monthly high. 

Though XRP, currently trading at $2.28, struggled to break through its 50-day EMA resistance, down nearly 1.23% intraday. Despite a 255% surge from November 2024 to January 2025, XRP faces headwinds from declining network activity and regulatory uncertainties. 

Trending Crypto Today

• ETH (Ethereum)
• AXL (Axelar)
• BTC (Bitcoin)
• NPC (Non-playable Coin)
• UNI (Uniswap)

Top Gainers and Losers Today

Among top gainers, UNI is leading with it gaining over 25%, followed by SKY’s 17% and AAVE’s 16% gain. On the losing side, LEO has declined most, with it losing 4% in the past 24 hours. 

Crypto Market Cap Overview

As per CoinMarketCap data, the global crypto market cap today sits at $3.41 trillion, up 1.49% in the past 24 hours. It has a 24 hour trading volume of $144.87 billion.