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Monday, July 7, 2025

Bitcoin and Ethereum Gain Traction, ADA and SOL Accelerate - Cryptonews

Bitcoin price gained 5% and climbed above USD 31,000.
Ethereum jumped towards USD 1,900, XRP is testing USD 0.40.
SOL and ADA are up over 9%.
Bitcoin price remained supported near the USD 29,500 level and started a recovery wave above the USD 30,500 resistance. It even broke USD 31,000 and is currently (04:10 UTC) eyeing more gains above the USD 31,200 resistance zone. BTC is up 5% in a day and 6% in a week.
Similarly, most major altcoins are rising steadily. ETH is up 5% and approaching the USD 1,920 resistance. XRP might rise towards the USD 0.425 resistance. ADA is back above the USD 0.60 resistance.
Total market capitalization
Bitcoin price
After forming a base near the USD 29,500 level, bitcoin price was able to start a recovery wave. BTC even surpassed the USD 31,000 level. However, the bears seem to be protecting more gains above the USD 31,200 level. The next key resistance is near USD 32,000, above which the price could start a stronger increase.
On the downside, an initial...



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