Cronos Soars 18% on ETF Inclusion, Ethereum Gains 2.77%

On July 9, 2025, the cryptocurrency market displayed a mix of bullish and bearish trends, with Ethereum (ETH) climbing and Bitcoin (BTC) falling, while Cronos (CRO) soared by 18%.

Cronos (CRO) emerged as the top performer, driven by its inclusion in the proposed Truth Social Crypto Blue Chip ETF. This ETF, backed by Trump Media, aims to track the performance of leading cryptocurrencies, including Bitcoin, Ethereum, Solana, Cronos, and XRP. The news of Cronos' inclusion sparked significant investor interest, propelling its price to a one-week high of $0.09498. The technical analysis of Cronos indicates a bullish trend, with the token breaking through a resistance level at $0.08591 and approaching the next major resistance at $0.09852. If Cronos manages to surpass this barrier, it could potentially rise to $0.11052 in the short term. However, failure to break through this resistance within the next 24-48 hours could lead to a sell-off and a retest of the $0.08591 support level, with a potential further decline to $0.07852 if bearish pressure persists. The MACD line rising above the MACD Signal line and the RSI readings surging from the high 30s to the high 50s further support the bullish momentum of Cronos.

Ethereum (ETH) posted a 2.77% gain over the past 24 hours, trading at $2,626. This follows another week of inflows into ETH-based ETFs, reflecting a steady interest in the altcoin. Meanwhile, Bitcoin (BTC) slipped 0.45%, falling to $108,734. BTC dominance dropped by 0.6% to 61.20%, while ETH dominance increased by 1.69%, now at 8.95%. The overall market cap reached $3.54 trillion, with the Altcoin Index registering at 28/100, suggesting a mild shift toward alternative assets. The Fear & Greed Index showed a “Greed” reading of 66, indicating a positive market sentiment.

In the small-cap category, Echo Protocol (ECHO) led the market with a 67.8% surge, followed by MAGIC from Treasure DAO, which jumped 49.9%. AMO Blockchain’s token (AMO) gained 33.9%, while M87 and Synapse Protocol (SYN) rose 23.4% and 21.9%, respectively. These tokens outpaced broader market performance, capturing trader interest. On the large-cap side, several tokens also saw gains, with a token priced at $0.0931 climbing 14.7%, and another at $1.41 rose by 13.3%. A third asset reached $2.40, marking a 12.1% daily gain.

Institutional integration and regulatory shifts continued to shape the global cryptocurrency landscape. Dubai approved its first regulated tokenized money market fund, marking a significant regulatory shift in the Middle East. In Japan, Metaplanet announced its plan to use Bitcoin as collateral for bank financing, reflecting increasing institutional integration. These developments point to growing investor interest in blockchain projects across various sectors.

CryptoRank reports indicate market sentiment remains stable, with investors focusing on ETF products and regulatory shifts. The week continues with cautious optimism across the digital asset landscape. The overall sentiment remained positive, with the Fear & Greed Index showing a “Greed” reading of 66. The market continues to evolve, and investors will be closely watching for further developments that could influence the performance of these and other cryptocurrencies.