$BTC Bitcoin Update – June 16, 2025

Bitcoin is holding above $106,000, buoyed by geopolitical concerns and fresh institutional inflows like BlackRock’s recent $239 million purchase . It's nearing its May peak (~$112K), supported by a bullish golden‑cross technical signal . Congress is advancing crypto‑friendly legislation (e.g., CLARITY market structure, stablecoin framework), signaling stronger regulatory backing . Meanwhile, crypto influencers are launching public bitcoin‑acquisition vehicles—Anthony Pompliano’s ProCapBTC is raising $750 million . All told, BTC remains a focal point amid macro uncertainty, institutional momentum, and evolving policy clarity.