The cryptocurrency market showed signs of renewed momentum on June 26, with Bitcoin (BTC) reclaiming a key psychological level and pushing above the $108,000 mark early Thursday. This bullish movement reflects growing investor confidence amid easing geopolitical tensions and strengthening institutional interest. While major altcoins posted modest gains, Kaspa (KAS) emerged as the day’s top performer, surging nearly 7% in 24 hours. Meanwhile, Curve DAO Token (CRV) suffered the steepest drop, falling over 9%, highlighting ongoing sector-specific volatility.
At the time of writing, the global crypto market cap stood at $3.31 trillion, reflecting a 0.91% increase over the past day. Market sentiment remained neutral, with the Fear & Greed Index registering at 50, suggesting balanced investor psychology between caution and optimism.
👉 Discover how institutional inflows are shaping today’s crypto rallies.
Bitcoin Reclaims $108,000 Amid Strong Institutional Demand
Bitcoin price reached $108,090.21, marking a 1.29% gain in the last 24 hours, according to CoinMarketCap data. In Indian markets, BTC traded at approximately ₹91.73 lakh, indicating steady demand from domestic investors.
Analysts attribute the recent surge to a combination of macroeconomic improvements and sustained institutional inflows. Notably, Bitcoin ETFs recorded a massive $588.6 million in single-day inflows—the largest in June—marking 11 consecutive days of net positive flows, the longest streak since December 2024.
"Bitcoin is stabilising near $107,800 as investor confidence strengthens," said Edul Patel, CEO and co-founder of Mudrex. "Institutional activity continues to drive price action... Bitcoin now faces resistance at $108,700, while support has moved higher to $106,400, maintaining the bullish structure."
With U.S. GDP and jobless claims data scheduled for release later in the day, traders remain cautious about potential volatility shifts.
Ethereum and Major Altcoins Show Steady Momentum
While Bitcoin led the charge, major altcoins followed with measured gains:
- Ethereum (ETH) traded at $2,432.58, up 1.08%, with Indian prices around ₹2.26 lakh.
- Solana (SOL) reached $145.58, gaining 0.98% (₹13,480.37 in India).
- Ripple (XRP) rose to $2.17, up 0.68% (₹188 in India).
- Litecoin (LTC) climbed to $85, a 0.52% increase (₹7,525.59 domestically).
- Dogecoin (DOGE) edged up to $0.1650, gaining 0.66% (₹15.26 in India).
The muted but positive movement across top-tier altcoins suggests market consolidation rather than speculative frenzy—a sign of maturing investor behavior.
Kaspa Shines as Top Gainer Amid Altcoin Volatility
Despite broad stability, select altcoins delivered standout performances. Here are the top gainers over the past 24 hours:
- Kaspa (KAS): Priced at $0.07887, up 6.58%
- Bitcoin Cash (BCH): At $500.85, gaining 4.16%
- Nexo (NEXO): Trading at $1.22, up 3.05%
- Story (IP): Priced at $3.04, rising 2.45%
- Bitget Token (BGB): At $4.53, up 2.11%
Kaspa’s strong performance underscores growing interest in scalable Layer-1 blockchains with fast finality and low fees—key factors driving developer and user adoption.
👉 Explore high-potential altcoins showing strong momentum this week.
CRV and Others Face Sharp Corrections
On the flip side, several projects faced significant pullbacks:
- Curve DAO Token (CRV): Dropped 9.21% to $0.5227
- Fartcoin (FARTCOIN): Fell 8.78% to $0.9857
- Pi (PI): Down 8.44% at $0.5777
- Sei (SEI): Lost 8.31%, trading at $0.28
- Sonic (S): Slipped 7.66% to $0.309
CRV’s decline may reflect profit-taking after recent DeFi sector rallies, while newer or meme-linked tokens like Fartcoin and Pi experienced corrections typical of high-beta assets during consolidation phases.
Market Outlook: Institutional Flows and Regulatory Signals Drive Sentiment
Industry leaders point to several macro and micro drivers shaping today’s market dynamics.
Avinash Shekhar of Pi42 noted, “Amid easing geopolitical tensions and renewed institutional inflows, the crypto market is finding its footing with a cautiously optimistic undertone.” He added that Bitcoin’s weekly drawdown of just 4.7% indicates reduced volatility and sets the stage for a potential breakout toward $110,000.
Sathvik Vishwanath from Unocoin highlighted derivatives data showing balanced long-short positioning and neutral funding rates—signs of market indecision. “Liquidation clusters are stacked between $106K–$110K,” he warned, “indicating potential for stop-hunts in either direction.”
Shivam Thakral of BuyUcoin emphasized regulatory progress: “The latest statement by Fed chief around stablecoin industry becoming mature and mainstream signals a major shift in the policy mindset of federal reserve.” This evolving regulatory clarity could pave the way for sustained growth in digital assets.
CoinDCX Research added that broader risk sentiment improvement is lifting the entire market, with top-10 tokens gaining steadily even as some mid-cap projects face corrections.
Frequently Asked Questions
Q: Why did Bitcoin rise above $108,000?
A: Bitcoin’s surge was driven by strong institutional inflows—especially into ETFs—and improved macroeconomic conditions, including easing geopolitical tensions and supportive regulatory commentary from U.S. authorities.
Q: What caused Kaspa’s price to jump nearly 7%?
A: Kaspa’s rally reflects growing interest in high-throughput Layer-1 blockchains. Its unique blockDAG architecture enables fast transaction finality, attracting developers and traders alike during periods of market recovery.
Q: Is the crypto market currently bullish or bearish?
A: The market sentiment is neutral-to-bullish. With the Fear & Greed Index at 50 and Bitcoin holding above $107K, the structure remains bullish—but traders await key economic data for clearer directional cues.
Q: Why did Curve DAO Token (CRV) drop over 9%?
A: CRV’s decline likely stems from profit-taking after DeFi sector gains, combined with broader market rotation into other altcoins. Liquidity shifts and protocol-level developments may also contribute.
Q: Are altcoins likely to outperform Bitcoin soon?
A: Historically, altcoins gain momentum after Bitcoin stabilizes near all-time highs. With BTC consolidating around $108K and institutional confidence rising, a potential altseason could emerge if volume and sentiment improve further.
Q: What should investors watch for next?
A: Key upcoming catalysts include U.S. CPI data, Bitcoin options expiry on June 27, and continued ETF inflow trends. Technical levels to monitor are $106K (support) and $110K (next resistance).
👉 Stay ahead with real-time data on BTC movements and altcoin breakouts.
Final Thoughts
The June 26 crypto price action underscores a market transitioning from volatility to stability. With Bitcoin firmly above $108,000 and institutional participation deepening, the foundation for a sustained rally appears intact. While select altcoins like Kaspa show explosive potential, others face corrective pressures—highlighting the importance of selective exposure.
As regulatory clarity improves and macro risks recede, digital assets are increasingly viewed not just as speculative instruments but as strategic portfolio components. Whether you're tracking BTC's path to $110K or scouting high-growth altcoins, staying informed and agile remains key.
Core Keywords: Bitcoin price, Kaspa, crypto market cap, altcoin gains, Bitcoin ETF, market sentiment, cryptocurrency news, BTC resistance levels