Bitcoin News Today: BTC Tops $110K With BONK and FARTCOIN Gaining Over 20%
July 3, 2025
BTC
$109,768.36
+
1.76%
ETH
$2,592.74
+
5.64%
USDT
$1.0003
–
0.01%
XRP
$2.2926
+
4.74%
BNB
$663.13
+
0.78%
SOL
$154.81
+
3.54%
USDC
$0.9998
–
0.01%
TRX
$0.2833
+
0.73%
DOGE
$0.1738
+
7.43%
ADA
$0.6041
+
7.86%
HYPE
$40.68
+
4.63%
SUI
$3.0288
+
9.09%
BCH
$502.86
–
0.25%
WBT
$43.74
+
0.65%
LINK
$13.84
+
5.50%
LEO
$9.0045
+
0.82%
AVAX
$18.82
+
7.25%
XLM
$0.2451
+
6.10%
TON
$2.8984
+
2.56%
SHIB
$0.0₄1198
+
5.29%
By Omkar Godbole|Edited by Sheldon Reback
Updated Jul 3, 2025, 9:56 a.m. Published Jul 3, 2025, 9:44 a.m.
- Bitcoin surpassed $110,000, reaching its highest level since June 11, driven by significant inflows into U.S.-listed spot ETFs.
- The upswing in bitcoin’s price lifted other major cryptocurrencies including XRP, ETH, SOL and ADA, with memecoins BONK and FARTCOIN rising more than 20%.
- Traders are looking the U.S. nonfarm payrolls report, which could influence bitcoin’s trajectory and test its historical high of $112,000.
Bitcoin
topped the $110,000 mark for the first time since June 11 after more than $407.78 million flowed into U.S.-listed bitcoin spot ETFs on Wednesday and before a key U.S. jobs report due later in the day.
The ETF inflow boosted the lifetime tally to $49.04 billion, according to data source SoSoValue.
STORY CONTINUES BELOW
BTC’s upswing brought cheer to the broader market, lifting major tokens such as XRP
, ether
, SOL
and ADA
. Standout gainers were memecoins BONK and FARTCOIN, which boasted 24-hour gains of over 20%, a sign of increased investor willingness to take risk. The CoinDesk Memecoin Index gained 12.6% while the CoindDesk 20 Index of the largest tokens rose 4.3%.
Traders are looking toward the U.S. nonfarm payrolls data due for release later Thursday while maintaining the constructive outlook.
“The historical high of around $112K, set at the end of May, may be tested for strength or updated before the end of this week, given the fairly high risk appetite in global markets. However, it is worth remembering that the monthly U.S. employment report, due later Thursday, could serve as both a catalyst and an insurmountable obstacle,” Alex Kuptsikevich, chief market analyst at the FxPro said in an email.
Omkar Godbole is a Co-Managing Editor on CoinDesk’s Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.
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