Crypto wrap: Euler, Pudgy Penguins spike as BTC, XRP hold gains

The cryptocurrency market showed resilience on June 27, 2025, with most top coins holding onto gains or rising as risk assets continued to recover. Per CoinMarketCap, the total market capitalization stood at $3.29 trillion, underpinned by a global trading volume of $97.8 billion, albeit this being 4.4% down in the past 24 hours. While Bitcoin held above $107k and XRP hovered around $2.10, outperforming assets on the day among altcoins included Euler (EUL) and Pudgy Penguins (PENGU). Meanwhile, profit taking pushed Sahara AI and Across Protocol, among others, into negative territory. Bitcoin (BTC) holds above $107k Bitcoin maintained its bullish stance, trading above $107k, with its market cap at $2.1 trillion and daily volume at $45.5 billion. The spot Bitcoin ETF market witnessed net inflows of $225.9 million, with BlackRock’s iShares ETF (IBIT) recording $162.48 million. Institutional interest remained elevated as Strategy, Metaplanet, and others all bought the dip earlier in the week. Anthony Pompliano, whose ProCap BTC has begun an aggressive accumulation spree, shared the following about the crypto market and Bitcoin. Anthony Pompliano 🌪 @APompliano · Follow Bitcoin’s volatility is coming down, but @EricBalchunas points out the largest pools of capital are now interested in investing.Do you think this is a good thing? Watch on Twitter View replies 7:44 pm · 27 Jun 2025 101 Reply Copy link Read 34 replies XRP bullish despite latest legal hurdle XRP held steady above $2.00, with the price up 0.58% in 24 hours at the time of writing to trade above $2.11. The altcoin was holding the key level despite a legal setback after Judge Torres denied a joint SEC/Ripple motion to end an XRP institutional sales injunction. The motion for an indicative ruling also sought the court’s decision on Ripple and the SEC settlement over the $125 million penalty imposed on the company. XRP nonetheless remains bullish amid ETFs anticipation, stablecoin growth , and regulatory developments. Euler (EUL) price soars, just shy of all-time high Euler Finance, a decentralized finance (DeFi) protocol, saw its token EUL surge by 27% to highs of $11.13. The gains meant the EUL price was just shy of the all-time high of $12.97 reached in September 2022. Gains aligned with buying pressure as daily volume spiked over 200%. Also notable is the growth of the recently launched DEX protocol EulerSwap, which hit over $230 million in volume just weeks after its debut. Pudgy Penguins (PENGU) surges 12%, above key resistance level Pudgy Penguins (PENGU) climbed 12% to $0.0104, driven by ecosystem developments. Mainly, the PENGU price has risen in the past three days after Cboe submitted its 19b-4 filing for the listing of Canary Capital’s PENGU ETF. The ETF, one of many on small-cap altcoins, will hold 80-95% in PENGU tokens and 5-15% in Pudgy Penguin NFTs. Top crypto losers today While several altcoins showed upward momentum, a number tanked hard to rank as the top crypto losers in the past 24 hours. Across Protocol (ACX) and Sahara AI (SAHARA) were among the biggest losers in the top 500 coins by market cap. In the top 100 coins by market cap, CoinMarketCap data shows today’s worst performers include SPX6900 (SPX), Celestia (TIA), and Injective (INJ). ACX, TIA, and INJ were down between 2 and 3%, trading at $1.18, $1.43, and $10.54, respectively. The post Crypto wrap: Euler, Pudgy Penguins spike as BTC, XRP hold gains appeared first on Invezz

Source: Invezz