Market Snapshot (July 3, 2025)
As of 9:25 AM JST:
- Bitcoin (BTC): ¥15.6 million (~2.9% increase)
- Ethereum (ETH): ¥368,000 (~6.6% surge)
- XRP: ¥320 (~2.6% rise)
Key Developments
1. Ethereum's Strong Recovery
ETH has reclaimed its pre-June price levels, testing the $2,600 resistance zone. This rebound coincides with two major catalysts:
- Ethereum Community Foundation announced a $10,000 price target commitment
- Bitwise CIO projects $10B inflows for ETH spot ETFs in H2 2025
2. Bitcoin Market Dynamics
BTC showed remarkable resilience after briefly dipping to $105,000, climbing back to **$109,500** within 24 hours. The quick recovery suggests strong institutional demand at lower price levels.
Trading Volume Analysis
| Cryptocurrency | 24h Change | Key Support | Next Resistance |
|---|---|---|---|
| BTC | +2.9% | ¥15.2M | ¥15.8M |
| ETH | +6.6% | ¥350K | ¥380K |
| XRP | +2.6% | ¥300 | ¥340 |
FAQ: July Crypto Rally Explained
Q: Why is ETH outperforming BTC?
A: Combination of ETF speculation and new foundation commitments creates unique buying pressure.
Q: Are altcoins following ETH's lead?
A: Yes - XRP and other major alts show correlated movements, though with smaller percentages.
Q: What's driving institutional interest?
A: Clearer regulatory frameworks and ETF approvals have reduced traditional investor hesitation.
Q: How long might this rally continue?
A: Market sentiment suggests momentum could sustain through Q3, barring macroeconomic shocks.
Technical Outlook
The $2,600 ETH level represents both psychological and technical resistance. A sustained breakout above this point could trigger further algorithmic buying. Meanwhile, BTC appears to be consolidating before its next major move.
Note: This analysis reflects market conditions as of July 3, 2025 - always conduct your own research before trading.