Bitcoin steady near $124K; Ethereum up 3%, Hedera leads altcoin gains

Crypto Market Update — October 6, 2025

Bitcoin continues to hold strong at around $124,494, edging up just under 0.3% in the past 24 hours. Ethereum shows a more notable gain, rising over 3% to $4,682. This steady momentum in the leading cryptocurrencies provides a solid backdrop for altcoins to build on.

Altcoins in Focus

Among today’s spotlight tokens, Hedera Hashgraph (HBAR) leads with a 5.15% increase, now priced at $0.229. This growth reflects ongoing confidence in its enterprise-focused distributed ledger technology, which continues to attract partnerships and real-world applications.

Ripple (XRP) and Stellar (XLM) both show modest gains, with XRP up 0.1% at $2.99 and XLM rising just above 1% to $0.41. These stable moves come amid continued interest in their roles facilitating cross-border payments and financial inclusion.

Flare Network (FLR) dips slightly by about 0.11% to $0.0243. While a minor pullback, Flare’s unique smart contract capabilities on the XRP Ledger remain promising for developers exploring new decentralized applications.

XDC Network (XDC) posts a solid 2% gain, trading near $0.075. XDC’s hybrid blockchain model is gaining attention for supply chain and trade finance solutions, aligning well with growing real-world use cases.

What to Watch

Keep an eye on how developments in Asia, particularly Japan’s evolving crypto landscape, influence global market dynamics. Reports suggest a shifting power balance in the region that could impact liquidity and adoption trends.

Additionally, broader macroeconomic factors continue to shape the market. Recent analysis points to a “perfect storm” fueling Bitcoin’s rally, which often sets the tone for altcoins.

TL;DR

Bitcoin and Ethereum maintain steady gains, providing a firm foundation for altcoins. Hedera Hashgraph leads with a 5%+ rise, while XRP, Stellar, and XDC show healthy upward moves. Flare Network experiences a slight dip but retains long-term promise. Watch Asia’s crypto developments and macro trends for clues on the next market shifts.

Bitcoin steady near $124K; Ethereum up 3%, Hedera leads altcoin gains