Crypto breakouts: Bitcoin, Ethereum, and Solana lead the surge

June brought a wave of positive sentiment to digital assets. Despite global uncertainty, major cryptocurrencies continued their upward movement. Investors are once again turning to decentralized assets amid expectations of a Fed rate cut and an increasingly fragile macro backdrop.

Key moves this month:
• Bitcoin (#BTCUSD) +4.6% — Strengthened by a weaker dollar and renewed institutional interest. JPMorgan projects $150,000 by 2025.
• Ethereum (#ETHUSD) +3.8% — Gains on ETF optimism and rising DeFi activity.
• Solana (#SOLUSD) +6.1% — In the spotlight due to network scalability and new Web3 partnerships.
• Ripple (#XRPUSD) +2.4% — Rebounding after positive developments in the SEC case and potential global alliances.
• Dogecoin (#DOGUSD) +5.2% — Community-driven momentum and fresh public support from Elon Musk.

Underperformers:

• Litecoin (#LTCUSD) –1.8%, Cardano (#ADAUSD) –2.2% — Profit-taking and lack of new drivers weighed on prices.

• Polkadot (#DOTUSD) –3.1% — Weak on-chain metrics and fading interest in cross-chain solutions added pressure.



According to FreshForex analysts, the crypto market is entering a recovery phase. Signals from the Fed hint at upcoming rate cuts, while interest in decentralized projects and crypto ETFs is rising. Market leadership by #BTC and #ETH reflects growing confidence, while altcoins continue to follow the broader upward trend.