The post Crypto Price Analysis 6-7: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, Ripple: XRP appeared on BitcoinEthereumNews.com.

The crypto market registered a sharp recovery on Friday after Thursday’s sudden drop. Bitcoin (BTC) plunged to a low of $100,811 on Thursday as markets turned bearish. However, the decline was short-lived as the price rebounded on Friday to erase most of the previous day’s losses and settle above $104,378. The flagship cryptocurrency is up over 1%, trading at around $105,128.  Meanwhile, Ethereum (ETH) has struggled after Thursday’s decline, which saw the price dip below $2,400. However, it has struggled to regain momentum and has registered only a marginal increase over the past 24 hours. Meanwhile, Ripple (XRP) is up nearly 2%, while Solana (SOL) is up over 2%, trading around $151. Dogecoin (DOGE) is up almost 6%, and Cardano (ADA) is up over 3%, trading around $0.668. Chainlink (LINK), Stellar (XLM), Toncoin (TON), Hedera (HBAR), Litecoin (LTC), and Polkadot (DOT) have also registered notable increases.  Gemini Confidentially Files for US IPO  Gemini, a cryptocurrency exchange owned by the Winklevoss brothers, has disclosed it confidentially filed for an IPO as crypto exchanges attempt to take advantage of renewed market momentum. Several high-profile companies, including crypto exchanges, have launched successful listings, indicating growing demand and renewed vigor in the capital markets. Recently, USDC issuer Circle went public, making its debut on the New York Stock Exchange. Matt Kennedy, Senior Strategist at Renaissance Capital, stated,  “Pre-IPO crypto companies would be crazy not to move ahead with listings after seeing how Circle traded. Crypto can be an unpredictable market, so when you get a chance like this, you take it.” The recent spate of IPOs heralds a turning point for the industry, reflecting growing confidence among digital asset firms to attract mainstream investors. It also suggests companies are confident about meeting transparency, regulatory, and capital requirements. Gemini has not determined the size or…

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Filed under: News - @ June 7, 2025 4:20 pm