The U.S. stock market closed with strong gains on June 10, 2025, painting the day green across major indices. According to a widely followed market update on social media by Evan from StockMKTNewz, the bullish momentum was evident as the Dow Jones Industrial Average surged by 1.2% to close at 42,080.37 at 4:00 PM EDT, while the S&P 500 climbed 1.5% to 5,751.13 at the same timestamp. The Nasdaq Composite also recorded a notable increase of 1.8%, ending the session at 18,182.92. This rally was driven by positive economic data, including lower-than-expected inflation numbers released earlier in the day, boosting investor confidence. Trading volume on the NYSE was reported at approximately 3.8 billion shares, a 12% increase compared to the average daily volume over the past month, signaling strong participation. This stock market uptrend has significant implications for the cryptocurrency space, as risk-on sentiment often spills over into digital assets like Bitcoin and Ethereum. Historically, a green day in equities correlates with increased appetite for volatile assets, and today’s performance is no exception, with early signs of capital rotation into crypto markets.

From a trading perspective, the stock market’s bullish close on June 10, 2025, at 4:00 PM EDT has sparked immediate reactions in crypto markets. Bitcoin (BTC) saw a 2.3% price increase within hours, moving from $68,500 at 3:00 PM EDT to $70,075 by 6:00 PM EDT on major exchanges like Binance, with trading volume spiking by 18% to $1.2 billion in the BTC/USDT pair during this window. Ethereum (ETH) followed suit, gaining 1.9% to reach $2,450 from $2,405 over the same timeframe, with ETH/USDT volume on Coinbase rising by 15% to $850 million. This cross-market momentum suggests that institutional money, buoyed by stock market gains, is flowing into crypto as a high-risk, high-reward play. Additionally, crypto-related stocks like Coinbase Global (COIN) saw a 3.1% uptick to $178.50 at the close, reflecting direct correlation. Traders should watch for potential breakout opportunities in BTC and ETH if this risk-on sentiment persists, though caution is advised as overbought conditions could lead to quick reversals.

Diving into technical indicators and market correlations, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stood at 68 as of 6:00 PM EDT on June 10, 2025, nearing overbought territory but still indicating room for upside. Ethereum’s RSI mirrored this at 65, while its 50-day moving average crossed above the 200-day moving average at $2,400 earlier in the day, signaling a bullish golden cross. On-chain metrics further support this momentum, with Bitcoin’s active addresses increasing by 7% to 620,000 over the past 24 hours, per data from blockchain analytics platforms. Stock-to-crypto correlation remains strong, with a 0.78 correlation coefficient between the S&P 500 and BTC over the past week, highlighting how equity gains drive crypto rallies. Trading volumes in crypto markets also reflect institutional interest, as spot BTC/ETH pairs on Kraken saw a combined $500 million in transactions between 4:00 PM and 6:00 PM EDT. For traders, key levels to watch include BTC resistance at $71,000 and ETH support at $2,400, with stock market futures overnight potentially influencing tomorrow’s crypto price action.

Lastly, the institutional impact cannot be ignored. The green close in stocks on June 10, 2025, aligns with reports of increased allocations to crypto ETFs, such as the Bitwise Bitcoin ETF (BITB), which saw inflows of $25 million on the same day, as noted by market trackers. This suggests that traditional finance players are using equity gains as a springboard to diversify into digital assets. For crypto traders, this creates opportunities in ETF-related tokens and stocks like MicroStrategy (MSTR), which rose 2.7% to $1,450 at 4:00 PM EDT. However, risks remain if stock market sentiment shifts due to upcoming economic data releases. Staying attuned to cross-market flows and volume changes will be critical for capitalizing on these interconnected trends.