Crypto Market Rallies as Bitcoin and Ethereum Surge
The post Crypto Market Rallies as Bitcoin and Ethereum Surge appeared on BitcoinEthereumNews.com.
Ethereum leads rally with 7.61% surge, outperforming Bitcoin in 24-hour gains Small-cap tokens like USELESS and LIQD see triple-digit weekly price increases Institutional moves and Nasdaq’s index expansion fuel broader market optimism The cryptocurrency market is staging a broad, risk-on rally to start the week, with confidence flowing from market leaders like Bitcoin and Ethereum into more speculative small-cap altcoins. The total crypto market capitalization has climbed 4% to $3.57 trillion, supported by a “Greed” reading of 71 on the Fear & Greed Index and several positive fundamental developments. Bitcoin (BTC) has risen by 3.81% in the last 24 hours, maintaining its position at around $109,600. Ethereum (ETH), however, has outperformed with a significant 7.61% surge, currently trading at $2,678. Besides the gains in large-cap tokens, smaller altcoins have posted impressive moves. Market-wide liquidations totaled $447.66 million, suggesting a wave of short position squeezes as prices moved higher. Moreover, the Altcoin Index remains subdued at 29/100, showing that there’s still significant headroom for smaller coins to catch up with majors. Small-Caps Soar as Speculative Appetite Returns While the majors posted solid gains, the most explosive action was seen in the small-cap segment, a classic sign of returning speculative appetite. Useless Coin (USELESS) stole the spotlight with a 127.7% gain over the past day. It now trades at $0.03085 with a market cap of approximately $30.9 million. This caps off a 7-day rally of 235.41%, driven by high community engagement and growing trading volume exceeding $15.4 million. Similarly, LiquidLaunch (LIQD) posted a 47.6% daily increase, climbing to $0.07606. Its market cap stands at $82.8 million, with momentum continuing to build over the past week (+119.40%). Hosico Cat (HOSICO), a meme-driven asset, gained 44.8% in 24 hours to trade at $0.01553. With a weekly gain of 36.79%, it joins the rising tide…
Filed under: News - @ June 10, 2025 4:20 pm