šŸ“ˆ Binance Market Update: Crypto Market Trends | June 2, 2025

As of June 2, 2025, the global cryptocurrency market continues to show resilience and upward momentum. According to data from CoinMarketCap, the total crypto market capitalization stands at $3.26 trillion, reflecting a 0.43% increase in the past 24 hours.

šŸ”„ Market Overview

Bitcoin ($BTC ) remains in the spotlight, trading between $103,752 and $105,936 over the past day. As of 09:30 AM ($UTC), $BTC is priced at $104,665, up 0.62% in the last 24 hours.

Most major cryptocurrencies are trading mixed, with some altcoins showing impressive gains. Leading the rally today are:

MASK: +28%

COOKIE: +18%

BMT: +17%

šŸ“° Top Stories of the Day

Sberbank to Launch Bitcoin Derivatives and Structured Bonds

Russiaā€™s largest bank is making moves into digital asset derivatives, signaling further institutional acceptance.

Metaplanet Acquires $118M in BTC, Now 8th-Largest Holder

The Japanese tech firmā€™s bold Bitcoin acquisition highlights increasing institutional participation, especially in Asia.

Ethereum Leads Weekly Inflows With $321M

ETH sees major institutional interest, while Bitcoin experiences its first outflows in 7 weeks, indicating shifting sentiment.

Morgan Stanley Forecasts Extended Dollar Weakness

A weaker dollar could further propel risk assets like cryptocurrencies over the coming months.

X Platform Adds Encrypted Messaging and New Features

The social platformā€™s pivot toward enhanced privacy may strengthen its position in the Web3 space.

South Koreaā€™s Presidential Candidates Support Crypto Industry Growth

Crypto is becoming a key electoral issue, with promises to foster innovation and regulatory clarity.

Trump Criticizes Tariff Court Ruling

Former U.S. President warns of potential economic fallout, reigniting trade war concerns.

Japan and U.S. to Discuss Tariffs

Economic leaders set to negotiate terms to avoid escalating trade tensions.

U.S. Treasury Stands Firm on Debt Commitments

Reassurances from the Treasury Secretary aim to calm markets amid fiscal uncertainties.

Blockstream #CEO Predicts Bitcoin Could Reach $1 Million

Bold valuation forecasts spark discussion about long-term BTC potential.

šŸ“Š Market Movers (24h Change)

Coin Price 24h Change

ETH $2,482.99 -0.43%

XRP $2.1535 +0.78%

BNB $654.08 +0.52%

SOL $153.89 +1.40%

DOGE $0.19009 +1.16%

ADA $0.6692 +1.39%

TRX $0.2697 +0.63%

WBTC $104,625.31 +0.63%

TRUMP $11.15 +1.18%

SUI $3.2836 +2.04%

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Stay tuned for more real-time updates and insights, only on Binance.

Disclaimer: Market data is based on available figures as of June 2, 2025, and is subject to change