Cryptocurrency Price Action Update

Bitcoin (BTC): Today's price (BTC) is US$102,672, with a 24-hour trading volume of US$49,167,953,354. The price has risen by 4.05% over the past 24 hours and by 6.01% over the past 7 days. The circulating supply is 19.86 million BTC, and Bitcoin's market capitalization is US$2,039,288,804,715.

Ethereum (ETH): Today's price (ETH) is US$2,202.82, with a 24-hour trading volume of US$39,358,901,379. The price has risen by 20.24% over the past 24 hours and by 19.41% over the past 7 days. The circulating supply is 120.73 million ETH, and Ethereum's market capitalization is US$265,774,027,133.

Ripple (XRP): Today's price (XRP) is US$2.31, with a 24-hour trading volume of US$4,868,249,054. The price has risen by 7.13% over the past 24 hours and by 4.05% over the past 7 days. The circulating supply is 58.55 billion XRP, and Ripple's market capitalization is US$134,907,152,539.

Why Did Bitcoin and Ethereum Surge Today?

Policy Tailwinds

There is hope for a resolution in the China-U.S. trade negotiations. Both countries have officially started talks, and everyone is optimistic about reaching a settlement. This is an extremely positive signal for our cryptocurrency market.

Additionally, Trump's trade agreement with the UK has eased global trade tensions significantly, boosting market confidence.

In China, the People's Bank of China has also "delivered a gift" by announcing a 0.5 percentage point reduction in the reserve requirement ratio. This move has released nearly 1 trillion yuan of long-term liquidity and lowered the 7-day reverse repo rate, making more money available in the market.

Technical Breakthroughs

Bitcoin has been on a tear, with its price soaring to a high of US$103,000, setting a new record since February 2025. This surge is primarily driven by the optimism from the trade agreement between Trump and the UK, which has fueled market enthusiasm and pushed Bitcoin prices higher.

Ethereum is not far behind, with its price rising to US$2,200 and breaking through key resistance levels. This is mainly due to the increased on-chain activity following the Pectra upgrade and the aggressive accumulation by "whales," which has propelled Ethereum's price upward.

Funding Dynamics

Bitcoin spot ETFs have been extremely popular, with a net inflow of US$3.3 billion in a single week. BlackRock's IBIT has also been continuously increasing its holdings, purchasing over 12,000 BTC.

Ethereum is also performing well, with its staking rate rising to 28%. The number of validators has exceeded 1.2 million, and the annualized staking yield has increased to 4.2%, making it highly attractive.

Market Sentiment

The Federal Reserve's decision to maintain interest rates has emboldened market participants to take more risks, making them more willing to invest in risky assets like Bitcoin and Ethereum.

Moreover, several companies, such as Thumzup and Metaplanet, have announced plans to increase their Bitcoin holdings, strengthening the buying pressure in the market and driving prices higher.

Which Altcoins Have Potential?

In terms of market segments, the focus will mainly be on meme coins and AI-related tokens in the future, as these two areas offer clear opportunities. Of course, specific coins need to be evaluated individually. For RWA (Real-World Assets) and gaming, I believe they can be monitored as secondary opportunities. This round needs to be a bit different; it can't just be all about memes. Once the attention to the Ethereum ecosystem warms up again, related tokens may also see a wave of speculation.

In Summary

For the short to medium term, proper position management is crucial. For the medium to long term, it is essential to strategically allocate positions in certain coins. Some tokens, especially those in the AI agent segment, have shown promising rebounds. Additionally, if you have the time, don't miss out on opportunities on the blockchain, especially on the Solana chain, but avoid taking large positions to gamble!