Bitcoin Holds $109,000 As Ethereum, XRP, Dogecoin Attempt To Break Higher

Author: Khyathi Dalal | July 09, 2025 03:16pm

Cryptocurrency markets are trading at range highs on Wednesday, with altcoins buoyed by Bitcoin consolidating just below the $110,000 level.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$109,529.33
Ethereum	(CRYPTO: ETH)	$2,717.94
Solana	(CRYPTO: SOL)	$154.68
XRP	(CRYPTO: XRP)	$2.38
Dogecoin	(CRYPTO: DOGE)	$0.1738
Shiba Inu	(CRYPTO: SHIB)	$0.00001218

Notable Statistics:

• IntoTheBlock data shows large transaction volume decreasing by 15.1% and daily active addresses growing by 13.5%. Transactions greater than $100,000 remain relatively flat at around 10,800. Exchanges netflows are down by 192.6%.
• Coinglass data reports 70,408 traders were liquidated in the past 24 hours for $150.75 million.

Notable Developments:

• Buckle Up, Visa: Stablecoins Process $800 Billion In Transactions Per Month, Report Finds
• XRP, Ethereum, Solana And One Surprise Crypto (Not Bitcoin) Are Bitwise’s ‘Cleanest Plays’
• Polymarket Bettors See 50% Chance Of Fed September Rate Cuts As Trump Turns Up Heat On Powell
• Cathie Wood Agrees Circle IPO Is ‘Crypto’s ChatGPT Moment’ — Warns Institutions That Ignoring The AI-Crypto Combo ‘Just Isn’t An Option’

Top Gainers:

Cryptocurrency	Ticker	Price
Stellar	(CRYPTO: XLM)	$0.2902
Raydium	(CRYPTO: RAY)	$2.46
SPX6900	(CRYPTO: SPX)	$1.46

Trader Notes: Crypto General noted that Bitcoin is consolidating within its daily range, setting up for a potential breakout. Despite skepticism around tariffs and Trump’s recent announcement, the chart signals remain bullish. He targets a move toward $115,000 in the near term.

$BTC looks good for a push here

Charts are gearing up for a good move, price is consolidating in the daily range for some days now and a big breakout will be seen soon.

I am eyeing at 115k for the near future. I know people are very skeptical about Tarrifs and Trump's… pic.twitter.com/99uwwPzT46

— Crypto General 🧲 (@DaCryptoGeneral) July 9, 2025

Crypto trader Scient believes BTC is currently stuck in a “nowhere” zone, limiting trading interest. While he is watching two key trigger levels, he is also waiting for one of these scenarios to play out before re-engaging.

• Short setup: If price sweeps and deviates above $110,500, you’re looking to short.
• Long setup: If price sweeps below $105,200, you’re interested in a long entry.

$BTC, hasn't been much interest on my side to trade BTC because I think we are kind of in a nowhere region.

Two triggers I am looking to play around with.

1. Short the sweep and deviation above $110500
2. Long the sweep below $105200#BTC #BTCUSDT pic.twitter.com/QrWhyl1fVu

— Scient (@Crypto_Scient) July 9, 2025

Trader AK47 observed high-leverage liquidity pockets have formed around $110,000 and $108,000. These zones are likely price magnets, increasing the chances of a move toward them in the short term.

Read Next:

• Bitcoin Teetering At $109,000: Where’s It Headed Next?

Posted In: $BTC $DOGE $ETH $RAY $SHIB $SOL $SPX $XLM $XRP