Following a rise in U.S. stock indices, the crypto market demonstrates signs of stabilization, notably with increases in Bitcoin and Ethereum prices.
Crypto Stability in Response to Stock Gains
On July 16, 2025, U.S. stock markets opened with modest gains: the Dow was up by 0.29%, the S&P 500 increased by 0.25%, and the Nasdaq gained 0.19%. In response to this growth, crypto assets also began to stabilize. Bitcoin was trading near $116,930, and Ethereum surpassed $3,000, indicating a 2.53% increase within 24 hours.
Impact of Historical Correlation on Altcoins
While no official comments from leading crypto figures were made regarding this dynamic, the facts point to a connection between stock market growth and rising cryptocurrency prices. A contributing factor to the recovery in interest for altcoins is the increase in the Altcoin Season Index, which reached a level of 36, signaling a renewed appetite for riskier assets. However, Binance announced a temporary suspension of THORChain operations due to a scheduled network upgrade.
Financial Metrics and Expert Insights on the Market
At the time of analysis, Bitcoin was priced at $118,491.08 with a market cap of approximately $2.36 trillion, indicating a dominance of 62.63%. Over the past seven days, the cryptocurrency saw an increase of 8.26%, boosting investor optimism. Ethereum also shows positive dynamics, enhancing confidence in investment strategies. Members of the Coincu research team emphasize the importance of regulatory changes and technological updates, which can create additional growth opportunities.
The situation in the stock market continues to influence cryptocurrencies, and further developments may strengthen the activity of crypto traders.
