Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 00:01 on June 29, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.42 trillion US dollars, witnessing a decrease of 1.46% compared to yesterday; the total trading volume is 47.33 billion US dollars, marking a decline of 42.5% from the previous day.
Cryptocurrency Market Update - June 29, 2025
According to sosovalue, the price of $BTC is 107,300 USD, an increase of 0.233% from yesterday. The market cap of $BTC is 2.13 trillion USD, accounting for 62.4% of the total market cap; $BTC's 24-hour trading volume is 9.05 billion USD, making up 19.1% of the total trading volume.
The price of $ETH is 2,436.6 USD, up 0.553% from yesterday; the market cap of $ETH is 294.14 billion USD, representing 8.61% of the total market cap; $ETH's 24-hour trading volume is 5.88 billion USD, comprising 12.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 71.01% of the total cryptocurrency market cap, and their combined trading volumes constitute 31.5% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is XOCIETY (XO). As of 00:00 today, its market cap is 4.64M USD, with a coin price of 0.0087460 USD, witnessing a 24-hour increase of 99%.
The second is HMX. As of 00:00 today, its coin price is 0.27290 USD, with a 24-hour increase of 57.1%.
The third is bAI Fund (BAI). As of 00:00 today, its coin price is 0.0024790 USD, showing a 24-hour increase of 54.8%.
In fourth place is Zircuit (ZRC). As of 00:00 today, its coin price is 0.030240 USD, with a 24-hour rise of 52.4%.
In fifth place is Multichain (MULTI). As of 00:00 today, its coin price is 0.68310 USD, increasing by 40% over the last 24 hours.
Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, NFT, Meme, and AI sectors are worth mentioning.
NFT sector has risen 7.43% relative to the UTC 0 time, led by gains in PENGU (30.1%), TNSR (6.59%), and rari (6.39%).
Meme sector has increased 3.35% relative to UTC 0, with BAI (56.7%), LAUNCHCOIN (34%), and PENGU (30.1%) leading the rise.
AI sector has risen 2.97%, with BAI (56.7%), ali (14.7%), and hat (13.1%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Binance Alpha is launching Rekt (REKT). Eligible users can use Binance Alpha points on the Alpha activity page to claim an airdrop of 140,230,000 REKT tokens within 24 hours of the start of trading. The Binance Alpha airdrop will be conducted on a first-come, first-served basis: users with at least 170 Binance Alpha points can participate in the airdrop on a first-come, first-served basis until the airdrop pool is completely distributed or the airdrop event ends. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha activity page within 24 hours, otherwise they will be deemed to have forfeited the claim. In addition, Binance will announce a REKT trading competition with a prize pool of up to 3,472,500,000,000 REKT tokens. [ChainCatcher]
Next news:The Endless Clouds Foundation announced the END tokenomics on the X platform: the total supply is 500,000,000, and the initial circulating supply is 155,500,000 (accounting for 31.1%), with most of the token supply dedicated to community rewards. In addition, the team token allocation accounts for 20%, the ecological fund allocation accounts for 10%, the airdrop accounts for 17.5%, and the community accounts for 32.45%. [ChainCatcher]
Next news:According to Coinglass data, the entire network liquidation in the past 24 hours was $203.00 million, with long positions accounting for $58.89 million and short positions accounting for $144.00 million. Among them,
Bitcoin long positions accounted for $10.49 million,
Bitcoin short positions accounted for $102.00 million,
Ethereum long positions accounted for $19.81 million, and
Ethereum short positions accounted for $8.71 million. In addition, in the last 24 hours, 54,488 people worldwide were liquidated, with the largest single liquidation order occurring on Binance - BTCUSDT with a value of $93.11 million. [ChainCatcher]
Next news:REX Shares announced on the X platform that the Solana staking ETF "REX-Osprey SOL+Staking ETF" is coming soon. It is reported that the ETF aims to track the performance of Solana while generating income through on-chain staking. It is also claimed that the ETF is the first staked Cryptocurrency ETF in the United States. In addition, Bloomberg senior ETF analyst Eric Balchunas disclosed on the X platform that the U.S. Securities and Exchange Commission said it had no further comments, so it looks like they are ready to launch. According to previous news, the U.S. Securities and Exchange Commission (SEC) issued a warning to REX Shares and Osprey Funds, stating that their proposed staked
Ethereum and Solana ETFs may not meet the definition of "investment company" in the Investment Company Act and fail to meet the legal compliance requirements for ETFs. [Odaily星球日报]
Next news:According to Jinshi Data on June 28th, Musk stated, "I do think AI and robotics will lead to an economic surplus and massive growth within 10 years." [Shenchao TechFlow]
Next news:According to on-chain detective ZachXBT, a suspicious address withdrew a total of 1,670,000 USDC in 193 small transactions from Coinbase within 1.5 hours on June 23, 2025, and then exchanged all the funds for
$ETH and transferred them to the Tornado Cash mixer. [Wu Shuo]
Next news:On June 28, according to Cointelegraph, a report shared by CEX.IO shows that 45% of crypto card transaction amounts in Europe are less than 10.00 euros (approximately $11.7), surpassing traditional banks in this small payment field traditionally dominated by cash. The report noted a 15% increase in new CEX.IO crypto card orders in Europe in 2025, indicating growing user interest as more Europeans turn to digital assets for everyday payments. Online transactions accounted for 40% of crypto card users, almost double the Eurozone average (21%) reported by the European Central Bank. Spending patterns of crypto cardholders show they are using the cards for everyday expenses, with groceries accounting for 59% of purchases and dining and bar spending accounting for 19%. Notably, the average transaction amount for crypto cards is 23.70 euros ($27.8), lower than the 33.60 euros ($39.0) for bank cards. Data also shows that stablecoins support 73% of transactions, while major cryptocurrencies such as
Bitcoin, Ether, Litecoin, and Solana are also used for grocery, dining, and transportation payments. [深潮 TechFlow]
Next news:Resupply has released a hack analysis report, which states that the attack on Resupply's crvUSD-wstUSR trading pair resulted in approximately $10.000 million in reUSD bad debt. However, the vulnerability only exists in specific token trading pairs, and other token trading pairs are not affected. The Resupply market is operating as usual. Currently, the debt limit for the affected token trading pair has been set to 0 and insurance pool withdrawals have been suspended, requiring a formal governance vote to lift the suspension. The problematic code segment has undergone multiple security audits, and independent researchers have been hired to review the codebase, but no one has reported the issue. Currently, the stolen funds are still on-chain, and the relevant situation is being monitored and necessary measures will be taken. [Odaily星球日报]
Next news:On June 28th (UTC+8), earlier this week, the U.S. dollar once rose due to news of U.S. intervention in the conflict between Iran and Israel. However, with the signing of a ceasefire agreement, market sentiment improved, and the U.S. dollar gave up all its gains and once fell below 97, a new low since March 2022. Looking ahead to next week, traders will be closely watching the U.S. PMI data and the non-farm payrolls report, which will be released on Thursday due to the holiday. The following are the key points that the market will focus on in the new week: Monday 21:45, U.S. June Chicago PMI; Monday 22:00, Atlanta Federal Reserve President Bostic speaks on the U.S. economic outlook; Tuesday 01:00, Chicago Federal Reserve President Goolsbee speaks; Tuesday 21:30, Federal Reserve Chairman Powell participates in a panel discussion; Tuesday 22:00, U.S. June ISM Manufacturing PMI, May JOLTs Job Openings, May Construction Spending MoM; Thursday 20:30, U.S. Initial Jobless Claims for the week ending June 21, June Unemployment Rate, June Seasonally Adjusted Nonfarm Payrolls, May Trade Balance; Thursday 21:45, U.S. June S&P Global Services PMI Final; Thursday 23:00, Atlanta Federal Reserve President Bostic speaks on U.S. monetary policy. For the June non-farm payrolls report, the market expects the unemployment rate to remain unchanged at 4.2%, and the number of employed people to fall from a previous increase of 139,000 to 129,000. Other labor market data, such as the May JOLTs Job Openings data, will be released next Tuesday, while the June ADP private employment report will be released next Wednesday. If next week's ISM data also paints a similar picture, investors may scale back their rate cut bets, especially if non-farm payrolls data continues to show the labor market performing well. As the market gradually adapts to the idea that the Federal Reserve may remain patient before resuming the rate cut process, the U.S. dollar may rebound. (Source: PANews) [MetaEra]
Next news:Ethereum co-founder Vitalik Buterin has warned that World, the digital identity project backed by Sam Altman, could threaten the online pseudonym system. Vitalik stated that while World uses zero-knowledge proof technology to protect privacy, its "one ID per person" design could lead to all user activity being tied to a single public identity, weakening anonymity protection. He suggested adopting a "diversified identity model" to avoid a single institution controlling the identity system. (TheBlock)
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.