Crypto market rises sharply: Bitcoin and Ethereum gain; experts expect rally to continue

TOI World Desk | TOI Global Desk | Sep 29, 2025, 23:42 IST
The global cryptocurrency market rose sharply in the last 24 hours, driven by strong gains in Bitcoin, Ethereum, and XRP. Institutional buying and positive technical signals boosted confidence. Altcoins like Solana and Binance Coin also saw notable increases. Experts expect the rally to continue through the end of 2025, supported by high liquidity and investor interest.

TL;DR

The global cryptocurrency market went up a lot in the last 24 hours. Big coins like Bitcoin, Ethereum, and XRP rose because more large investors bought them and technical signs looked good. Experts say the market could keep growing until the end of 2025 as confidence increases. The total value of all cryptocurrencies is now about $3.86 trillion.

Bitcoin and Ethereum lead gains

Bitcoin increased by about 2.2%, reaching $111,887. Ethereum rose 3% to about $4,123. These gains came after Bitcoin recently dropped to a fear zone, a level where investors often start buying again. The Relative Strength Index (RSI), a tool that shows if an asset is overbought or oversold, showed Bitcoin was near an oversold point. This usually signals a possible price rise. Ethereum’s rise was helped by almost $1 billion flowing into its digital asset treasuries this week. Strong interest from institutions is boosting Ethereum’s price outlook.

XRP and altcoins also see growth

XRP increased nearly 3%, trading at $2.86. Many XRP holders have kept their tokens for more than a year, showing strong confidence in the coin. This limited supply, along with growing demand, could push prices higher. Other altcoins also performed well. Solana rose 4.4%, Binance Coin (BNB) gained 3.6%, and Dogecoin and Cardano increased by over 3%. This shows that investors are interested in coins beyond just Bitcoin and Ethereum.

Market indicators show positive signs

Several market tools suggest the rally may continue. Bitcoin’s Moving Average Convergence Divergence (MACD) and Pi Cycle Top indicators have not shown signs of a market peak yet. The dominance of stablecoins is higher than in past cycles, meaning there is still money ready to flow into cryptocurrencies.

Growing global liquidity, or the availability of cash and easy credit, also supports higher prices in risk assets like cryptocurrencies. The last quarter of the year has historically been a strong period for both stocks and digital currencies, adding to optimism.

Outlook for the next months

Experts expect the crypto market to stay strong through the fourth quarter of 2025 if current conditions hold. Continued high liquidity and strong institutional buying will be key to extending the rally into November and beyond.

FAQs

Q: Why is the cryptocurrency market rising today?
A: The rise is due to Bitcoin recovering from oversold levels, strong demand from large investors, and positive technical signals supporting major coins like Ethereum and XRP.

Q: Are altcoins performing better than Bitcoin?
A: Yes, some altcoins like Solana and Binance Coin are gaining more than Bitcoin today, showing growing interest in these coins.

Q: What do market indicators say about the rally?
A: Technical indicators show no signs of a peak yet, suggesting the market rally could continue for some time.

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