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Bitcoin, Ethereum, XRP and Dogecoin soar in June rally—here’s why

  • XRP open interest hits $5 billion, signaling possible breakout.
  • Dogecoin rises above $0.20 as traders shift to meme tokens.
  • Analysts project potential highs of $137K for BTC and $12K for ETH by 2025.
  • Bitcoin, Ethereum, XRP, and Dogecoin are experiencing a significant rally in early June 2025.
  • Bitcoin is trading at approximately $105,000, Ethereum over $2,600, XRP near $2.20, and Dogecoin close to $0.20.
  • Market recovery follows liquidations, showing increased interest from both retail and institutional traders.
  • Factors such as short squeezes, technical momentum, and macroeconomic conditions are contributing to the market surge.
  • Bitcoin rebounds above $105,000 with the help of whale accumulation and geopolitical uncertainties favoring its status as a hedge asset.
  • Ethereum's rise near $2,615 is boosted by speculation of a potential spot ETF approval and organizational changes within the Ethereum Foundation.
  • XRP's price nearing $2.20 is backed by increasing open interest, hinting at a possible breakout.

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