Here’s the latest crypto news and market update for Saturday, June 7, 2025:$BTC $XRP $SOL
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📊 Market Snapshot
Bitcoin (BTC): $105,245.00 (+1.18%)
Ethereum (ETH): $2,496.21 (+0.71%)
BNB: $648.83 (+0.27%)
XRP: $2.19 (+1.86%)
Cardano (ADA): $0.6694 (+2.27%)
Bitcoin continues to outperform altcoins in 2025, signaling that it is not currently altcoin season .
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📰 Top Headlines
🇺🇸 U.S. Strategic Bitcoin Reserve
President Trump signed an executive order establishing a Strategic Bitcoin Reserve, funded by forfeited bitcoins held by the U.S. Treasury. The reserve aims to position the U.S. as a leader in the crypto space .
🇬🇧 UK FCA Considers Lifting Ban on Bitcoin ETNs
The UK's Financial Conduct Authority (FCA) is considering lifting its six-year ban on crypto exchange-traded notes (ETNs) for retail investors. This move could open up new investment avenues for the public .
🇮🇳 RBI Maintains Cautious Stance on Crypto
The Reserve Bank of India (RBI) has reiterated its cautious approach towards cryptocurrencies, citing concerns over financial stability and monetary policy risks .
📈 SHIB Hits New All-Time High in Key Metric
Shiba Inu (SHIB) has reached a new all-time high in a key metric, indicating growing interest and activity in the meme cryptocurrency .
⚖️ Ripple vs. SEC: Key Deadline Approaches
XRP holders are closely watching as a significant deadline in the ongoing Ripple vs. SEC case approaches on June 16. The outcome could have major implications for the cryptocurrency .
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🔮 AI Predicts Bitcoin and XRP Surge
Chinese AI app DeepSeek has predicted that Bitcoin could reach $500,000 and XRP could hit $5 by the end of 2025. These forecasts have garnered attention in the crypto community .
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🏆 Toobit Wins Digital Asset Derivatives Platform Award
Toobit has been named the Digital Asset Derivatives Platform of the Year at the Hedgeweek Global Digital Assets Awards 2025, recognizing its excellence in the crypto trading space .#BigTechStablecoin #todaypost #CircleIPO
