The market capitalization of the crypto market worldwide has increased slightly to $3.36 trillion, up 0.09% in the last 24 hours. The price of Bitcoin today is trading at $108,388, having moved between $107,430 and $108,919 during the previous 24 hours. This reflects a modest 0.43% decline in value, with price movements showing signs of consolidation after last week’s volatility.
The markets are trading mixed across major assets. There are top crypto gainers in the altcoin space, FIS, MDT, and REI, which all have climbed 83%, 33%, and 14%, respectively, on Binance. One thing is certain: renewed interest in some altcoins appears to be pending, even while sentiment overall is still risk-off.
According to analysts monitoring Binance trading trends, Bitcoin is showing strength near its key support zone of around $107,245. Technical indicators suggest the market is preparing for movement in either direction. The 20-day EMA has shifted direction slightly up, and BTC has a significant resistance level at $110,530. If Bitcoin can break above this, it will likely be able to retest the recent highs of $111,980. If Bitcoin does not maintain its current support, then prices may recede towards $106,600 or lower back down to the $104,500 level.
One trader commented, “Every dip in Bitcoin seems to attract confident buying. That shows the bulls still have control of the mid-term trend.”
The Binance market update also shows mixed performance in other major coins. Ethereum (ETH) is down 1.10%, Solana (SOL) is down 1.20%, and Cardano (ADA) fell 1.16%, while XRP managed a small gain of 0.44%. Dogecoin (DOGE) is currently priced at $0.1687, slipping 1.79%. These numbers represent a market that is biding its time for a strong catalyst to help push the market away from this range.
At the same time, the general environment for crypto market trends in 2025 is more positive. Institutional activity continues to influence sentiment for a longer time horizon. Sentiment may shift in the shorter term, but data suggests that capital flows into products relating to the crypto market are still consistent and positive. This is especially true for investment vehicles associated with Bitcoin.
On Binance, attention is also turning to under-the-radar altcoins that have delivered significant returns in recent days. The Binance altcoins news section continues to spotlight projects with rising on-chain activity and community interest. With some of these assets gaining double digits within hours, traders are closely watching for technical breakouts and volume spikes.
When it comes to BTC market analysis for the year 2025, sentiment is still firmly bullish overall. The Mayer Multiple, an important model for valuation, is still parked in its neutral zone, which means Bitcoin at its current level is neither overvalued nor undervalued, which suggests a steady build-up and certainly not overheated.
The crypto market on July 8, 2025, maintains a guarded direction while Bitcoin and altcoins demonstrate possible upward movement through technical level breaking. The market remains stable as volatility rises while investors and traders anticipate the upcoming developments in this ongoing situation.
