The global cryptocurrency market is experiencing a significant rebound, driven by robust inflows into spot Bitcoin exchange-traded funds (ETFs), renewed investor confidence, and positive technical signals across major altcoins. After a period of consolidation, Bitcoin surged past $65,000, while Ethereum reclaimed the $3,500 level, signaling growing institutional and retail interest ahead of key market developments in mid-2025.
Bitcoin ETFs Fuel Market Rally
This week alone, spot Bitcoin ETFs attracted over $722 million** in new investments, with Tuesday recording the largest single-day inflow in the past 30 days at **$422 million. This surge reflects strong institutional demand and growing trust in regulated crypto investment vehicles.
BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with $260 million** in inflows, followed by Fidelity’s FBTC, which added **$61 million. These figures highlight the increasing dominance of traditional financial institutions in the digital asset space.
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The record for daily inflows remains $1.05 billion, set on March 12, indicating that current momentum could accelerate further if macroeconomic conditions remain favorable. As ETF adoption grows, analysts expect increased price stability and reduced volatility for Bitcoin in the long term.
Major Cryptocurrencies Show Strength
Bitcoin (BTC) climbed 3% in the past 24 hours, last trading at $65,200**, according to CoinGecko. Ethereum (ETH) followed closely with a **2.3%** gain, reaching **$3,490, briefly touching an intraday high of $3,517. Solana (SOL) and Polkadot (DOT) both posted gains of around 4%, reflecting broad-based market strength.
XRP also saw notable movement, jumping 8% after CME Group and CF Benchmarks introduced new reference rates and indices for the asset. This institutional validation enhances XRP’s credibility and may attract more institutional capital in the coming months.
Worldcoin (WLD) Soars Amid Token Lockup Extension
Worldcoin (WLD) led the altcoin rally with an impressive 28% increase, followed by Helium (HNT) at 20% and Lido DAO (LDO) at 15%. The surge in WLD comes after the project announced an extension of token lockups for early investors and team members—tokens will now be released gradually through 2029, instead of the original 2027 schedule.
While token unlocks often pressure prices due to increased supply, delaying them is generally seen as bullish. By reducing near-term sell pressure, Worldcoin aims to support long-term value accrual and network participation.
Altcoins Poised for Breakout
Technical analysis suggests that several altcoins are on the verge of major price movements. Worldcoin, Arweave (AR), and Injective (INJ) have broken out of key resistance zones, signaling potential upside momentum.
Worldcoin (WLD): Consolidation Before Next Leg Up?
WLD has been trading within a descending wedge pattern since reaching its all-time high near $12** in Q1 2025. A recent breakout above the resistance zone between **$2.21 and $2.39 was accompanied by high volume, confirming bullish momentum.
However, current volume levels have cooled slightly, and the Relative Strength Index (RSI) is approaching overbought territory. The DMI shows a bullish crossover, but declining ADX suggests consolidation may occur before the next rally.
Analysts expect WLD to trade sideways between $3.00 and $3.30 before resuming its uptrend toward $4.40.
Arweave (AR): Bullish Reversal Underway
Arweave found strong support around $25** after earlier dips below **$20 triggered by Mt. Gox-related selling and broader market fears. The price has since recovered into bullish territory.
AR recently hit resistance between $30 and $31.50, a zone that could become support if broken. Volume is rising steadily, and the Supertrend indicator has flashed a buy signal—confirming a potential trend reversal.
With sustained momentum, AR could climb to $40**, with a further move above **$50 within reach if buying pressure continues.
Injective (INJ): Strong Fundamentals Drive Uptrend
Injective has shown consistent strength throughout 2025. After a brief correction, bulls regained control, pushing the price above key support levels.
Consecutive bullish candles and a rising On-Balance Volume (OBV) indicate strong accumulation. The Ichimoku Cloud shows lead span B approaching lead span A—a potential bullish crossover that often precedes strong rallies.
If INJ secures the resistance zone between $30.77 and $32.12, it could move out of bearish reach and enter a sustained uptrend phase.
Ethereum Reaches Key Milestone
Ethereum’s market cap now stands at $419 billion, with exchange supply hitting a 34-month high at 19.52 million ETH—last seen in September 2021 when ETH traded near similar price levels.
Despite rising exchange balances, whale activity has declined by 12%, suggesting smaller investors are driving deposits rather than large holders offloading. This dynamic reduces immediate downward pressure on price.
The RSI sits at 60, indicating slightly overbought conditions but not critically so given Ethereum’s size and liquidity.
Anticipation Builds for ETH Spot ETFs
A major catalyst on the horizon is the expected launch of spot Ethereum ETFs in the U.S., scheduled to begin trading on July 23, 2025. Market sentiment is strongly aligned with this event, mirroring the BTC ETF-driven rally earlier in the year.
Analysts predict ETH ETFs could capture a significant percentage of BTC ETF inflows, especially if Grayscale’s ETHE conversion proves successful. Positive expectations around ETHE suggest growing confidence in Ethereum’s long-term prospects.
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Broader Market Outlook
While U.S. equities retreated—S&P 500 down 1%, Nasdaq and Dow both falling 2%—crypto markets defied the trend, underscoring their increasing divergence from traditional assets.
Bitcoin’s trajectory remains closely tied to macro factors such as Federal Reserve rate cuts, global liquidity cycles, and geopolitical developments. With Mt. Gox distributions beginning and German government BTC sales winding down, supply overhang concerns are easing—a potential tailwind for BTC price action.
Frequently Asked Questions (FAQ)
What caused the recent crypto market rally?
The rally was primarily driven by strong inflows into spot Bitcoin ETFs, renewed investor confidence, and anticipation surrounding the upcoming launch of spot Ethereum ETFs in July 2025.
Why did Worldcoin's price surge?
Worldcoin’s price increased due to its announcement extending token lockups for early investors and team members until 2029, reducing near-term sell pressure and signaling long-term commitment.
Are Ethereum ETFs confirmed for launch?
Yes, spot Ethereum ETFs are expected to begin trading on July 23, 2025, pending final regulatory approvals. Multiple asset managers have received SEC clearance for their filings.
Is exchange supply accumulation bearish for Ethereum?
Not necessarily. While exchange supply has reached a 34-month high, declining whale transactions suggest small-scale deposits dominate, which typically exert less downward pressure than large sell-offs.
Which altcoins show strongest breakout potential?
Worldcoin (WLD), Arweave (AR), and Injective (INJ) are showing strong technical setups with recent breakouts, rising volume, and bullish indicator crossovers—making them top candidates for near-term gains.
How do Bitcoin ETF inflows impact market sentiment?
Strong ETF inflows signal growing institutional adoption and confidence in Bitcoin as a long-term store of value, often leading to sustained price appreciation and reduced volatility.
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