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Bitcoin Price and Market Sentiment
Bitcoin (BTC) displayed mixed trends on June 8, 2025, with prices fluctuating between 114,400-115,000$ across exchanges.
Market sentiment turned bullish, as reflected by the Bitcoin Fear & Greed Index climbing to 64, a sign of renewed optimism among traders.
Analysts attribute this shift to growing institutional interest and macroeconomic factors favoring risk assets.
Read more: Bitcoin vs Ethereum: Which is Better for Investment?
BNB Market Analysis
BNB faced a critical juncture, with technical analysis suggesting either a rebound or further correction. Resistance levels hovered around $769.
Traders monitored volume trends closely for confirmation of the next directional move.
Solana Price and Sentiment
Solana (SOL) traded sideways at $149.59 amid divided analyst opinions. While some predicted continued consolidation, others warned of weakening bullish momentum.
Network activity remained stable, though competition from Ethereum Layer 2 solutions posed challenges.
XRP Surges Amid Regulatory Wins
XRP scored 2.30 – 2.79$ following favorable regulatory developments and growing ETF speculation. Standard Chartered’s bold $5.50 year-end prediction fueled buying pressure.
The token’s performance outpaced major altcoins, marking it as one of June’s strongest performers.
Read more: Bitcoin vs Ripple: Which is Better for Investment?
Cardano Stabilizes After Correction
ADA found footing at $0.75 after a 22% pullback. Technical indicators hinted at a potential breakout if key resistance levels are surpassed. The Cardano community awaited ecosystem updates that could reignite developer activity.
DOGE Range-Bound Trading
Dogecoin (DOGE) oscillated between $0.14 and $0.21, with whale transactions and Elon Musk’s social media activity continuing to influence price action. The meme coin’s volatility remained elevated compared to market peers.
Read more: Bitcoin vs Dogecoin: Which is Better for Investment?
TRX Bullish Momentum
TRON (TRX) gained traction at $0.28, supported by a $1 billion buyback program and strong on-chain metrics. The token’s ecosystem growth contributed to positive price momentum.
Read more: Your Simple Guide to Withdraw Tron to TRON-TRC20
On-Chain Highlights
Ethereum recorded 841,100 active addresses—a two-year high—signaling revived network participation. Meanwhile, Glassnode implemented Arbitrum balance calculation improvements, enhancing data accuracy for Layer 2 analytics.
Breaking News
Bitcoin whales accumulated aggressively, with 1,000+ BTC addresses. The U.S. passed the GENIUS Act, establishing federal stablecoin regulations with 1:1 reserve requirements.
Tether (USDT) dominated stablecoin flows with 149 trillion dollars, surpassing Visa’s volume.
Read more: USDT vs Ethereum: A Comparison of Risks and Stability
