- Bitcoin, Ethereum, XRP, and Dogecoin are surging in early June 2025, driven by whale accumulation, ETF optimism, and renewed institutional interest.
- Analysts forecast even higher prices ahead, with BTC eyeing $137K and ETH targeting $12K by 2025.
The cryptocurrency market is heating up again as June kicks off, with Bitcoin, Ethereum, XRP, and Dogecoin all riding a wave of bullish momentum. After a rocky end to May, this early-month surge is reviving investor confidence—and may just be the beginning of a larger breakout?
As of June 3, Bitcoin is trading around $105,000, Ethereum hovers above $2,600, XRP is pushing $2.20, and Dogecoin has jumped above $0.20 for the first time in months. The rally follows a weekend of liquidations and reflects renewed appetite from both retail and institutional players.
Also read: Cardano Price Prediction: ADA Bullish Reversal and Buy Signal Despite DeFi TVL Decline
Bitcoin Holds Above $105K as Whales Lead the Charge
Bitcoin’s comeback from recent lows near $101K has been driven in part by whale accumulation. On-chain data shows large wallets absorbing sell-offs, suggesting strong hands are preparing for a bigger move. With BTC holding above $103K, analysts now target $108K short term—and potentially $137K by year’s end.
Ethereum Surges on ETF Hopes
Ethereum has jumped over 7% in the last three days, now trading near $2,610. The rally is fueled by speculation that the SEC could approve a spot Ethereum ETF, combined with a renewed focus from the Ethereum Foundation on protocol upgrades. If momentum holds, ETH could test $2,810 and possibly aim for $6,000—or even $12,000—by 2025.
XRP Flashes Breakout Signs with $5B Open Interest
XRP is stirring excitement as open interest in futures soars to $5 billion. The token is trading around $2.21, and traders are watching for a potential short squeeze that could catapult prices higher. With predictions ranging up to $10 if catalysts align, XRP’s next move could be explosive.
Dogecoin Pops as Meme Token Rotation Returns
Dogecoin has clawed back to $0.20, with traders rotating profits from major cryptos into speculative plays. Technical signals point to rising volatility, and if DOGE can hold above $0.19, a break toward $0.23 may be on the table.
What’s Behind the Rally?
A mix of technical momentum, whale activity, macroeconomic shifts, and rising ETF optimism are driving the rally. As the dollar weakens and central banks turn dovish, crypto is regaining its shine as a hedge and speculative play alike.