On June 13, $BTC 2025, Bitcoin is currently priced at $105,964, with a 24-hour drop of 2.65% and a trading volume of $54.325 billion. Mainstream cryptocurrencies are also pulling back, with market leverage risk increasing. In the past 12 hours, the total liquidation across the network was $555 million, with long positions liquidated around $505 million. However, the total market capitalization of stablecoins reached an all-time high of $228 billion, a 17% increase from the previous period, reflecting heightened market trading activity. Additionally, Nasdaq-listed DeFi Development secured $5 billion in equity financing to increase its stake in SOL. The future trend of Bitcoin may be influenced by capital flows and market sentiment.