Crypto Market Snapshot: June 29, 2025
The cryptocurrency market on June 29, 2025, presents a nuanced picture of mixed performance. Global market capitalization stands at $3.47 trillion, with a 24-hour spot volume of $44.97 billion. This period of consolidation follows significant institutional inflows into crypto exchange-traded products (ETPs), totaling $17.8 billion in the first half of 2025, with Bitcoin ETPs accounting for nearly 84%.
Macroeconomic factors continue to influence sentiment, with a softer US CPI report fueling hopes for Federal Reserve rate cuts. Regulatory developments are also pivotal: the Financial Action Task Force (FATF) calls for enhanced global oversight, especially for stablecoins, while the US Senate passed the GENIUS Act on June 16, aiming to establish federal rules for stablecoins. These legislative efforts signal a move towards clearer guidelines and increased integration with traditional finance.
Bitcoin (BTC): Consolidating Near All-Time Highs
Bitcoin, the market leader, is consolidating near its all-time highs, trading at approximately $107,284.42 on June 29, 2025. It saw modest gains over the weekend, climbing up to $108,000. Analysts suggest a rally to fresh all-time highs is “inevitable,” with liquidity building around the $109,000 to $111,000 range.
Technical indicators show a short-term bullish structure, with BTC trading above its 20-day and 50-day EMAs. Whale accumulation continues, with large holders acquiring over 122,330 BTC in the last six weeks. Price predictions for June 2025 suggest Bitcoin could reach $110,000, with a sustained breakout above $110,200 potentially leading to $116,000–$120,000. Optimistic forecasts project $130,000–$150,000 by year-end 2025.
Ethereum (ETH): Eyeing a Breakout
Ethereum, the second-largest cryptocurrency, is showing signs of potential upside despite recent consolidation. On June 29, 2025, ETH posted a modest gain of 0.10%, reaching $2,429.17. Its 24-hour trading volume is gradually declining, suggesting reduced participation, and the RSI is nearing the overbought threshold.
Despite this, Ethereum’s long-term prospects remain bullish, driven by growing interest in DeFi and NFTs. The successful Pectra upgrade in May 2025, enhancing scalability and reducing Layer-2 fees, continues to lay a robust foundation. Analysts predict ETH could rally to $2,600–$2,650 by end of June if it holds above $2,370, with a potential breakout beyond $2,800 in July. Some experts foresee a rally towards $4,000+ by late 2025, potentially retesting its all-time high near $4,900.
Solana (SOL): Cautious Bullish Outlook
Solana is demonstrating a cautious bullish outlook, jumping 4.26% to $149.67 on June 29, 2025. It is hovering near the $140 mark, with its RSI suggesting oversold conditions. While bearish momentum is present, a breakout above $147 could trigger a rally towards $165–$175. Some analysts suggest a potential jump to $200 if buying pressure intensifies.
XRP: Pivotal Moment with Legal Clarity
XRP is at a pivotal moment, with significant legal clarity fueling optimism. On June 29, 2025, XRP inched up by 0.01% to $2.18. The resolution of the SEC lawsuit, with Ripple dropping its cross-appeal and agreeing to a reduced fine, has cleared a major hurdle, potentially paving the way for a spot XRP ETF. Unconfirmed reports of BlackRock’s interest in an XRP ETF and a 77% chance of approval by December 2025 are driving speculation. Analysts predict XRP could reach $2.25–$2.30 in the short term, with Q3 2025 targets of $3.00–$3.40 and year-end projections potentially exceeding $5.00.
Cardano (ADA): ETF Hopes and Sideways Trading
Cardano is navigating a critical phase, with its price at $0.5653 on June 29, 2025, after a 0.78% rise. It has been trading sideways in a narrow range of $0.55-$0.60. The likelihood of a Cardano ETF approval by 2025 has surged to 90%, according to some analysts. If approved, it could attract billions in new capital, potentially pushing ADA towards targets of $1.30, $1.80, and even $2.60.
Dogecoin (DOGE) & Shiba Inu (SHIB): Meme Coin Volatility
Meme coins continue to exhibit volatility. Dogecoin (DOGE) gained 0.72% to $0.1629 on June 29, 2025. It experienced a sharp recovery after a weekend selloff, with surging trading volume. Price predictions for 2025 range from $0.30 to $1.00, largely influenced by social media trends and the potential for spot Dogecoin ETFs.
Shiba Inu (SHIB) climbed 1.42% to $0.0000115 on June 29, 2025. Despite a recent 4% plunge, SHIB has maintained its value above $0.00001250, suggesting a possibility of a bullish reversal. Some optimistic forecasts suggest SHIB could reach $0.000020 this month, and even a new all-time high if Bitcoin hits $1 million.
SUI: Strong Fundamentals and ETF Discussions
SUI is experiencing notable price volatility. On June 29, 2025, SUI was trading around $2.82. It maintains robust fundamental growth with rising Total Value Locked (TVL) and ongoing ETF discussions.
Pi Network (PI): Community-Driven, Awaiting Milestones
Pi Network remains a community-driven project facing challenges. On June 29, 2025, PI posted a 4.77% drop to trade at $0.5316. The announcement of a $100 million investment fund instead of a full Mainnet launch at Consensus 2025 led to disappointment. Analysts suggest that without greater transparency and major exchange listings, bearish momentum may persist.
Kaspa (KAS): Technical Leaps, Price Debate
Kaspa is undergoing a period of price debate despite significant technical advancements. On June 29, 2025, KAS was trading around $0.0781. The highly anticipated Crescendo V1 hardfork went live on May 5, 2025, boosting the network’s speed tenfold to 10 BPS. Despite these technical leaps, KAS has experienced a notable decline from its 2024 all-time high, sparking debate about its potential to reach $1 by year-end. Price predictions for June 2025 suggest a range between $0.0781 and $0.0807.
Key Market Data: June 29, 2025
| Cryptocurrency | Price (June 29, 2025) | Key Price Predictions / Outlook |
|---|---|---|
| Bitcoin (BTC) | ~$107,284 | Target $110,000 by June 30; $116,000-$120,000 in June; $130,000-$150,000 by year-end |
| Ethereum (ETH) | ~$2,429 | $2,600-$2,650 by end of June; $2,800-$3,000 by mid-July; $4,000+ by late 2025 |
| Solana (SOL) | ~$149.67 | Potential rebound to $147; rally to $165-$175 in June; potential jump to $200 |
| XRP | ~$2.18 | Short-term $2.25-$2.30; Q3 2025 $3.00-$3.40; $5.00+ by year-end |
| Cardano (ADA) | ~$0.5653 | Sideways $0.55-$0.60; potential rally to $1.30-$2.60 |
| Dogecoin (DOGE) | ~$0.1629 | 2025 predictions $0.30-$1.00; potential rebound from $0.143 |
| Shiba Inu (SHIB) | ~$0.0000115 | Potential bullish reversal above $0.00001250; could retest $0.000015; potential new ATH if BTC hits $1M |
| SUI | ~$2.82 | Robust fundamental growth; ongoing ETF discussions |
| Pi Network (PI) | ~$0.5316 | Potential drop to $0.5252; recovery to $1.00-$1.20 |
| Kaspa (KAS) | ~$0.0781 | June 2025 range $0.0781-$0.0807; debate on $1 goal by year-end |
The Road Ahead: Navigating the Crypto Landscape
June 2025 has underscored the crypto market’s dynamic nature, with a blend of consolidation, targeted rallies, and ongoing regulatory evolution. Bitcoin’s stability near its all-time highs, coupled with sustained institutional inflows, continues to anchor the market. Ethereum’s post-Pectra developments and potential for ETF approvals position it for further growth. For altcoins, regulatory clarity, technical innovation, and community engagement remain crucial drivers. The increasing scrutiny from global watchdogs like FATF and the progression of stablecoin legislation like the GENIUS Act highlight a maturing market that is increasingly integrating with traditional finance. While volatility persists, the long-term outlook remains tied to fundamental utility, institutional adoption, and the successful navigation of regulatory frameworks.
