On July 10, 2025, the cryptocurrency market shows interesting changes as XRP price holds above key support while Bitcoin sets new records.
Overview of XRP Prices
XRP is trading at **$2.42**, holding above key support at **$2.34**. Traders target a move to **$2.65**, the upper limit of a range held since December 2024. Analysts cite bullish patterns like a **symmetrical triangle** and **bull flag**, supported by **whale accumulation** and rising **open interest**. A breakout could send XRP toward **$4–$6**.
Bitcoin Transfers from Bhutan's Government
The Royal Government of Bhutan transferred 213.501 BTC (worth approx. **$23.73 million**) to a Binance Deposit address today. This marks the second consecutive week Bhutan has moved BTC to Binance. The motives behind these consistent transfers remain unclear, but they highlight the growing activity of sovereign entities in crypto markets.
Predictions for Ethereum and Bitcoin
Ethereum is poised for a breakout after years of consolidation between $800 and $4,880. A move above **$2,900** could ignite momentum toward its all-time high and beyond, with a mid-2025 target of **$7,500**. Bitcoin, on the other hand, reached a new **all-time high of $112,000** and is currently at **$111,171**. To continue its uptrend, Bitcoin must break and hold above **$112K**. Investor optimism remains strong, which could bring in fresh inflows.
The cryptocurrency market shows active price movements, and investor optimism contributes to further growth. While XRP and Bitcoin establish new trends, Ethereum is also on the brink of significant changes.
