Crypto Market Sees Bullish Start to the Week

The cryptocurrency market has kicked off the week with a positive surge, climbing nearly 2% to reach a total market capitalization of approximately $3.38 trillion. bitcoin (BTC), which maintained a steady price around $108,000 throughout the weekend, has bounced back to surpass $109,000. The leading cryptocurrency achieved an intraday peak of $109,627, as investors anticipate a breakthrough past the $110,000 mark. Analysts express optimism about the potential for a new all-time high if bitcoin can overcome critical resistance levels.

ethereum and Other Altcoins Struggle Against Resistance

ethereum (ETH) made an early attempt to break through the $2,600 barrier on Monday but faced resistance. The second-largest cryptocurrency has seen a rise of over 2% in the last 24 hours, trading at approximately $2,577. Ripple (XRP) has also experienced a 2.29% increase, currently priced around $2.27, while Solana (SOL) has gained nearly 3%, moving from below $150 to its current level of $152. Dogecoin (DOGE) has shown significant growth over the past day, up nearly 7%, and Cardano (ADA) has increased by 2.03%, trading at around $0.587. Other cryptocurrencies like Chainlink (LINK), Stellar (XLM), Toncoin (TON), Hedera (HBAR), Litecoin (LTC), and Polkadot (DOT) have also reported notable gains.

The Convergence of DeFi and TradFi: A Closer Look

Nelli Zaltsman, the head of blockchain payments innovation at JPMorgan Kinexys, has shared insights on the potential convergence of decentralized finance (DeFi) and traditional finance (TradFi). Speaking at the RWA Summit Cannes 2025 alongside Chainlink Labs co-founder Sergey Nazarov, Zaltsman emphasized JPMorgan’s commitment to integrating institutional-grade payment systems with emerging on-chain assets, signaling a pivotal moment for blockchain adoption.

“Our goal has always been to find the best way to work with the public blockchain, regulatory environment permitting.”

Recently, JPMorgan has collaborated with Chainlink to test a synchronized settlement technology, allowing the bank’s blockchain-based deposits to facilitate transactions across various blockchains. Nazarov highlighted this achievement as a demonstration of how traditional banking can connect with digital asset markets.

Zaltsman remarked that the artificial barriers separating DeFi and TradFi could diminish more rapidly than anticipated, thanks to advancements in infrastructure and collaboration. She noted that JPMorgan developed its private blockchain a decade ago due to a lack of viable options, a situation that has since evolved.

“Thankfully, that’s not the case today. It took many years for there to be tools that are kind of underpriced and in support. I hope that this convergence happens sooner rather than later… we start looking at tech for what it is and how we can help different users and not… having these artificial boundaries.”

Secret Service’s Major Crypto Seizure

The U.S. Secret Service has confiscated over $400 million in digital assets over the last ten years, resulting in one of the largest crypto cold wallets. Jamie Lam, an investigative analyst, revealed that the agency’s Global Investigative Operations Center (GIOC) has utilized open-source tools and blockchain analysis to track these funds. The majority of the seized assets are stored in a single cold wallet, stemming from investigations into complex scams that have targeted unsuspecting users through seemingly legitimate crypto investment platforms. Victims often see initial returns before the scammers vanish with their funds.

“That’s how they do it. They’ll send you a photo of a really good-looking guy or girl. But it’s probably some old guy in Russia.”

bitcoin Whale Activity: No Signs of Selling

Blockchain intelligence firm Arkham has reported that the $8.6 billion worth of bitcoin (BTC) transferred last week does not appear to indicate a sell-off. Arkham suggests that these transactions may be related to the owner upgrading from an older legacy wallet to a Native SegWit address, which offers enhanced security and reduced fees.

“There are no indications that this whale is selling bitcoin. Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1-addresses to bc1q-addresses.”

bitcoin Price Trends and Market Sentiment

bitcoin‘s price action gained momentum late on Sunday, driven by optimism surrounding the upcoming “crypto week” in Washington. However, overall market sentiment remains cautious due to increasing uncertainty regarding President Trump’s fluctuating stance on tariffs. bitcoin dipped to a low of $107,340 on Friday before rebounding over the weekend, ultimately rising 0.19% on Saturday and nearly 1% on Sunday to reclaim $109,000, settling at $109,229. Currently, BTC is slightly down, trading around $108,834.

As bitcoin and the broader crypto market enter a pivotal week, two significant catalysts are poised to influence price movements. The most critical factor will be the impending July 9 tariff deadline. The U.S. has reached agreements with several trading partners, but President Trump may revert to the high tariffs announced in April, which could negatively impact BTC and the overall market. bitcoin previously fell to $74,000 following Trump’s Liberation Day speech but rebounded after he announced a 90-day pause.

Additionally, the Federal Open Market Committee (FOMC) minutes are set to be released on Wednesday, which could serve as another key catalyst for BTC. These minutes are expected to provide insights from the previous meeting, where the Fed maintained interest rates between 4.25% and 4.50%. They will also indicate when the Fed might consider cutting rates, a move that would likely be bullish for BTC and the wider crypto market. However, the likelihood of a rate cut has diminished due to robust nonfarm payroll data.

bitcoin‘s dominance in the overall crypto market continues to rise, surpassing 65% and reaching its highest levels since early 2021.

ethereum Price Trends and Analysis

ethereum (ETH) is showing slight gains in the current session as it seeks to break through the $2,550 resistance level. The second-largest cryptocurrency remained in positive territory over the weekend, despite dipping to a low of $2,476 on Friday before recovering to $2,500. ETH registered a marginal increase on Saturday and then rose over 2% on Sunday, crossing $2,500 and settling at $2,572. The price action of ETH is attracting significant attention as it trades within a well-defined range, with some analysts suggesting it may be on the verge of a substantial move that could push the price beyond $3,000.

ETH experienced a sharp decline on Thursday (June 26), dropping from an intraday high of $2,531 to $2,415. However, it bounced back on Friday, registering a slight increase to $2,423. ETH maintained its positive trajectory over the weekend, rising 0.57% and 2.57% to settle at $2,500. Despite facing selling pressure on Monday, dropping 0.55% to $2,486, ETH rebounded on Wednesday, rising nearly 3% to reclaim $108,000 and settle at $108,845.

ETH faces immediate resistance around the $2,600 mark, with critical levels at $2,620 and $2,650. A breakthrough above these levels could propel the price beyond $2,700.

Solana Price Trends and Analysis

Solana (SOL) has continued to extend its gains, showing slight increases in the current session. The altcoin faced a sharp decline on Friday, falling over 3% to $147. After a marginal decline on Saturday, SOL rebounded nearly 3% to reclaim $150, settling at $151. Despite low trading volume, the cryptocurrency remains volatile. One analyst has made a bold prediction regarding SOL’s price action, suggesting:

“bitcoin and Solana Cup and Handle Pattern on the monthly chart. $BTC has broken out of the handle while $SOL is still waiting for the breakout. This pattern sets $BTC and $SOL to targets of $230,000 and $4,390, respectively.”

SOL reached an intraday high of $148 on Wednesday (June 25) before losing momentum and settling at $143. The price action remained bearish on Thursday as SOL fell over 3%, settling at $139. Despite the selling pressure, SOL recovered on Friday, rising over 2% to reclaim $140 and settle at $142. Bullish sentiment intensified on Saturday as the price rose over 6%, crossing the 20-day SMA and settling at $150. Buyers maintained control on Sunday, pushing the price to $153.

Dogecoin Price Trends and Analysis

Dogecoin (DOGE) experienced a significant drop on Friday (June 27), hitting an intraday low of $0.156. It managed to recover slightly, increasing by 1.38% to settle at $0.161. The price action remained positive over the weekend, with DOGE rising 0.99% on Saturday and nearly 4% on Sunday to settle at $0.169. However, the cryptocurrency faced a setback on Monday, dropping 2.37% to $0.165, followed by intensified selling pressure on Tuesday, which saw the price fall 4.54% to $0.157.

DOGE rebounded on Wednesday, surging over 7% to cross the 20-day SMA, reclaiming $0.160 and settling at $0.168. Buyers continued to exert control on Thursday, with the price rising nearly 2% to settle at $0.172. Despite the positive momentum, DOGE lost ground on Friday, dropping over 5% to $0.163. The popular memecoin recovered over the weekend, rising 0.80% on Saturday and over 4% on Sunday to settle at $0.171. Currently, DOGE is slightly down as sellers attempt to push the price below $0.170.

Litecoin Price Trends and Analysis

Litecoin (LTC) remained in positive territory over the previous weekend, rising 0.63% on Friday to settle at $84.82. Buyers maintained control throughout the weekend, with LTC increasing by 1.86% on Saturday and 0.73% on Sunday, ultimately settling at $87.90. However, the price turned negative on Monday, dropping 2.25% to $85.92. Sellers continued to dominate on Tuesday, with LTC falling over 3% to settle at $83.31. The price rebounded on Wednesday, rising nearly 5% to cross the 20-day SMA and settle at $87.33.

LTC reached an intraday high of $92.26 on Thursday but lost momentum afterward, falling below $90 to settle at $89.15, ultimately rising 2.09%. The price action turned bearish on Friday as LTC dropped 2.55% to $86.88. However, it managed to recover on Saturday, rising nearly 1% to $87.58. LTC lost momentum on Sunday, registering a slight decline to $87.41. The current session sees the price marginally down as buyers and sellers vie for control.

Cosmos Price Trends and Analysis

Cosmos (ATOM) has been trading around the $4 mark in recent sessions, struggling to gain momentum for a breakout. The price saw a sharp decline on Thursday (June 26), falling nearly 3% to $3.89. It managed to recover on Friday, rising 0.61% to settle at $3.91. Positive price action was observed over the weekend, with ATOM rising 1.92% on Saturday and nearly 6% on Sunday, crossing the $4 threshold and settling at $4.21. Despite this positive sentiment, ATOM faced a downturn on Monday, dropping nearly 3% to settle at $4.09. Selling pressure intensified on Tuesday, causing the price to fall almost 4%, slipping below the 20-day SMA and settling at $3.93.

ATOM rebounded on Wednesday, rising over 6% to reclaim the $4 mark and settle at $4.18. Buyers maintained control on Thursday, with the price registering a slight increase. However, momentum waned on Friday, leading to a drop of 4.53% to settle at $3.99. ATOM recovered over the weekend, registering a slight increase on Saturday and rising nearly 2% on Sunday to reclaim $4, crossing the 20-day SMA and settling at $4.08. The current session sees ATOM slightly up as buyers and sellers continue to compete for control.

Disclaimer: This article is intended for informational purposes only and should not be construed as legal, tax, investment, financial, or other advice.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.