🚀 Binance Square Update: Crypto Market Snapshot – June 11 2025

#MarketMovers

#Bitcoin (BTC) briefly surged past $110K, reaching ~$110,500 on June 10, supported by macro tailwinds and strong institutional demand .

#Ethereum (ETH) spiked 8%+, breaking above $2,800 to reach ~$2,827—a 15‑week high—buoyed by ETF inflows and staking dynamics .

#RegulatorySpotlight – CLARITY Act Advances

The Digital Asset Market Clarity (CLARITY) Act (H.R. 3633) passed the House Ag Committee 47–6 on June 10, clarifying whether digital assets are regulated by the SEC or CFTC to foster innovation and investor protection .

A parallel FinServ markup is underway, potentially propelling the bill to a full House vote .

#InstitutionalFuel – ETH ETF & Macro Tailwinds

Spot‑ETH ETF inflows recorded their 7th consecutive week, totaling approximately $300M last week—led by BlackRock’s ETHA—signaling robust institutional appetite .

Analysts (e.g., FX Empire) suggest ETH may test $3,000+, with futures open interest hitting record highs and QCP Capital eyeing potential moves toward $4,000 .

🗓️ Key Takeaways

Theme Highlights

Price Action #BTC > $110K; #ETH ~ $2.8K+

Legislation CLARITY Act passes Ag Committee 47–6

ETF Inflows $300M into #ETH ETF over 7 weeks

Momentum Drivers Macros, ETFs & DeFi regulation fueling confidence

📌 Bottom line: Markets are rallying ahead of U.S. macro data and legislative developments. Bitcoin nears all‑time highs, while Ethereum benefits from sustained ETF flows and on‑chain momentum.

#CryptoNews #BTC #ETH #CLARITYAct #ETF #DeFi #Staking #InstitutionalCrypto $BTC $ETH $BNB