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Bitcoin Reclaims $108,000, Ethereum, XRP, Dogecoin Follow As Traders Anticipate ‘Strong Leg Up’

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June 10, 2025
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Bitcoin Reclaims $108,000, Ethereum, XRP, Dogecoin Follow As Traders Anticipate ‘Strong Leg Up’
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Benzinga and Yahoo Finance LLC might earn fee or income on some objects by the hyperlinks under.

The cryptocurrency market kicked off the week on a bullish notice, with Bitcoin reclaiming the $108,000 mark, buoyed by bullish investor sentiment round cryptocurrency-related preliminary public choices.

Cryptocurrency

Worth   

Positive factors +/-

Bitcoin (CRYPTO: BTC)

$108,399.19

+1.9%

Ethereum (CRYPTO: ETH)

$2,577.11

+1.8%

Solana (CRYPTO: SOL)

$156.16

+1.6%

XRP (CRYPTO: XRP)

$2.29

+0.3%

Dogecoin (CRYPTO: DOGE)

$0.1870

+0.7%

Shiba Inu (CRYPTO: SHIB)

$0.00001268

+0.3%

Notable Statistics:

  • IntoTheBlock knowledge exhibits massive transaction quantity reducing by 2.4% and day by day energetic addresses falling by 5%. Transactions better than $100,000 are down from 7,679 to 7,327 in a single day. Exchanges netflows are up by 179.3%.

  • Coinglass knowledge studies 73,981 merchants have been liquidated prior to now 24 hours for $214.60 million.

Notable Developments:

High Gainers:

Cryptocurrency

Worth   

Positive factors +/-

Kaia (CRYPTO: KAIA)

$0.1292

+20.5%

Fartcoin (CRYPTO: FARTCOIN)

$1.16

+10%

Bittensor (CRYPTO: TAO)

$413.15

+8.5%

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Dealer Notes: Crypto Bully shared a easy, but efficient Monday buying and selling technique constructed round three key pillars:

Use the Weekly Open – A reclaim of this degree can sign potential longs, whereas a rejection or breakdown suggests brief setups.

Mark the Weekend Vary – Determine Saturday–Sunday highs and lows to outline short-term boundaries.

Watch Open Curiosity (OI) – Entry indicators typically emerge when OI builds up after which flushes.

In accordance with Santiment, Bitcoin’s sharp bounce from close to $100,000 again to $108,000 has sparked a retail FOMO wave, with the second-largest spike in crowd pleasure seen in two weeks. Simply days earlier, panic promoting had dominated, however now sentiment has flipped.

But, in crypto’s emotion-driven market, surging retail optimism is usually a contrarian indicator. Historic patterns present that when retail sentiment will get euphoric, warning could also be warranted.

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Rekt Capital famous that $104,400 has held as weekly help for 4 consecutive weeks. He sees just one main weekly resistance between present ranges and a possible return to cost discovery mode for BTC.

Stockmoney Lizards added that Bitcoin’s construction is wanting more and more bullish, highlighting ongoing brief liquidations and a potential squeeze setup. “As soon as it fires,” he stated, “count on a big inexperienced candle.”

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Picture: Shutterstock

This text Bitcoin Reclaims $108,000, Ethereum, XRP, Dogecoin Follow As Traders Anticipate ‘Strong Leg Up’ initially appeared on Benzinga.com



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