- Bitcoin remains above 104 thousand dollars, as Altcoin’s futures sees sharp filter mutations.
- WiF, virtual, and WLD recovery after declines inside the day, indicating high market fluctuations.
- Defi TVL holds a fixed at 201.63 billion dollars despite the market turmoil.
Bitcoin kept its progress in the digital asset market, exceeding more than $ 104,000 even with the high qualifiers across the multiple ALTCOINS. As of June 7, 2025, the Phoenix Group collection data occupies the global market value of the market at $ 3.28 trillion, with the support of 24 -hour trading volume of $ 102.49 billion. A total of 33,598 digital assets is actively traced, which reflects the continuous growth and the complexity of the ecosystem of the encrypted currency.
Bitcoin (BTC) continues to consolidate the market, which is currently worth 104,984 dollars and a prevailing market share of 63.7 %. ETHEREUM (ETH), the second largest asset by the maximum market, is traded at $ 2,489 and represents 9.2 % of the total market. The ETHEREUM network remains costly effective, with gas fees registered at 1 GWEI, indicating the minimum transaction congestion and stable activity on the chain.
The feelings of the investor are still balanced. The fear and greed index sits in 54 years, putting the market in a neutral area. Futures data indicates a slight preference for long sites in BTC, with 50.07 % of merchants who prefer up budget. On Binance, long Bitcoin contracts are 50.45 % higher, which indicates the minimum deviation from the wider direction.
Altcoins records sharp movements within the day
Several altcoins have seen significant price fluctuations over the past 24 hours. WiF and Virtual fell 2.55 % before the assembly to 11.01 % and 10.31 % respectively. WorldCOIN (WLD) recorded 10.87 % after a 0.35 % early decline. Sui (Sui) and Farctoin also showed simple recovery, followed by modest counterattacks.
These movements show increased fluctuations in medium assets, even while maintaining the most stable trading ranges. Acute reflections during the day indicate active trading environments across specified speculative assets.
The futures market is facing liquidation pressure
The futures contracts sector witnessed an increase in liquidation. Bitcoin futures have applied for $ 38.29 million in arranged locations, followed by ETHEREM with $ 33.45 million. The liquidation numbers highlight this light on a period of stress in the profitable market, and may cause rapid price adjustments.
An additional liquidation activity has been observed in Altcoins. MASK faced $ 13.02 million in refinery contracts, while Solana (SOL) and Dogeco (DOGE) recorded 7.50 million dollars and $ 5.72 million as a loss of losses. Data indicates a wide effect of market disturbances on the outstanding parking, especially in the altcoin sector.
Despite the recent fluctuations in the distinctive symbol markets, the decentral financing sector (Defi) continues to show flexibility. The total closed value (TVL) is estimated via Defi platforms at $ 201.63 billion dollars. This scale indicates the continuous activity in decentralized lending, deception, and liquidity, even when the price procedure turns into fluctuations in the derivative markets.
Source: https: