Cryptocurrency analysts record rapid growth of major digital assets

The leading cryptocurrencies, including Bitcoin BTC $105,758.28 Bitcoin -0.80% Market capitalization $2.1 trillion VOL. 24 hours $1.8 billion , Ethereum DOGE $0.07 Department Of Government Efficiency -1.13% Market capitalization $64.38 million VOL. 24 hours $0.19 billion and Dogecoin DOGE $0.07 Department Of Government Efficiency -1.13% Market capitalization $64.38 million VOL. 24 hours $0.19 billion , showed growth despite the stock market’s decline after the US Federal Reserve’s decision to leave interest rates unchanged.

Thus, Bitcoin exceeded the $ 105,000 mark, while Ethereum rose to $ 3,146, although it is still waiting for a breakout above $ 3,200. Despite the overall growth, Ethereum is lagging behind Bitcoin in 2025, having recorded a 5.8% decline since the beginning of the year, while the former cryptocurrency has added 11%.

Federal Reserve Chairman Jerome Powell praised efforts to create a clear regulatory framework for cryptocurrencies, which contributed to their rise. As a result of this rally, crypto positions worth $ 257.59 million were liquidated over the past day, most of which were short bets. At the same time, interest in Bitcoin futures grew by 2.58%, indicating an inflow of new funds.

In turn, analyst Ali Martinez warned of a possible decline in Ethereum. He noted that the MVRV indicator (market capitalization relative to realized value — ed.) fell below the 160-day average, as it did on June 23, 2024. At that time, it led to a 40% correction in the Ethereum price from $ 3,500 to $ 2,100. This could mean a repeat of the significant decline if the market follows a similar scenario.

Amid the changes in cryptocurrencies, the US stock markets have experienced a decline. The Dow Jones lost 136.83 points, the S&P 500 fell by 0.47%, and the Nasdaq sank by 0.51%. This happened after the Fed’s decision to end its monetary easing cycle, which had been in place since September. Nevertheless, some analysts point out that cryptocurrencies are showing increasing independence from the stock market, allaying fears that they are merely repeating the dynamics of high-risk tech stocks.