In June 2025, the price of Bitcoin fluctuated wildly. At the beginning of the month, the opening price was around $105,400, having previously peaked at around $112,000 in May before falling back. On June 13, due to tensions in the Middle East, it briefly fell below $103,000, with an intraday decline of over 4%. However, institutions continued to increase their holdings, such as MicroStrategy and Bitdeer, and the number of addresses holding over 1 BTC increased by 15% month-on-month, with long-term holders exceeding 70%. Technically, the 50-day moving average crossed above the 200-day moving average, forming a 'golden cross'.