Bitcoin Price Action & Market Momentum
Bitcoin Breaks $110K: BTC surged 3.7% in 24 hours, hitting $110,000, just shy of its May all-time high. Analysts describe it as a “peaceful rally” with robust buyer support at key levels.
Market Cap Climbs: The crypto market cap rose 1.8% to $3.54 trillion, with 98 of the top 100 coins posting gains, driven by institutional inflows and easing U.S. regulatory fears.
Regulatory Landscape
U.S. Crypto Bill Advances: A U.S. House Committee approved a crypto market structure bill, a step toward clearer regulations for exchanges and investors.
UK Opens Crypto Trading: The UK will lift its ban on retail crypto ETN trading this month, expanding access for mainstream investors.
Global Economic Influences
Bank of Japan’s Role: The BoJ’s June meeting could spark a Bitcoin rally if it delays quantitative tightening and resumes easing, boosting risk assets like crypto.
Stablecoin Surge Forecast: Standard Chartered predicts the stablecoin market could reach $2 trillion by 2028 if U.S. regulations pass, impacting Treasury markets.
Industry Developments & Adoption
SBI Backs USDC: Japan’s SBI Holdings invested $50 million in Circle, issuer of USDC, following its NYSE listing on June 5, signaling growing stablecoin adoption.
Altseason on the Horizon: The Altcoin Season Index shows 66% of altcoins outperforming Bitcoin, suggesting an altcoin rally may be imminent.
Blockchain & Technical Updates
Bitcoin Update Controversy: A proposed Bitcoin software update has divided the blockchain community, with debates heating up over its long-term impact.
Ethereum’s Bullish Signal: ETH is forming an ascending triangle, with a potential breakout above $2,800 targeting $3,760 by mid-June.
Security Concerns
Rising Physical Threats: 2025 is the most dangerous year for crypto holders, with over 25 reported physical attacks, including kidnappings targeting crypto tycoons.
Latest Crypto News Roundup – June 2025
