Market Turmoil#TrumpMediaBitcoinTreasury #TrumpMediaBitcoinTreasury #CEXvsDEX101 $BTC $ETH $XRP

Bitcoin (BTC) has dropped over 5% to $96,200, influenced by strong U.S. economic data suggesting fewer Federal Reserve rate cuts in 2025. This downturn has led to a bearish outlook, with potential support levels at $95,195 and $90,000.

Ethereum (ETH) plunged 11% to $2,333, marking its lowest price since October. The decline is attributed to a broader market sell-off and concerns over recent security breaches.

Altcoins such as Solana and Dogecoin have also faced significant losses, dropping 15% and 13% respectively, reflecting a broader risk-off sentiment in the digital asset market.

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🏦 Regulatory and Institutional Challenges

SEC Postpones Decision on Ethereum ETF: The U.S. Securities and Exchange Commission has delayed its decision on Grayscale’s Ethereum Staking ETF until June 1, 2025, adding uncertainty to Ethereum's institutional adoption.

Global Crypto Fund Assets Slump: Assets under management across digital asset investment products have crashed 36.8% year-on-year to $21.6 billion as of June 23, 2025, driven by price declines in major cryptocurrencies and concerns over crypto lending companies.