Here are the latest updates on the cryptocurrency market and key events today:
Bitcoin BTC
$105,460.00
-$1,772.00(-1.65%)Today
1D5D1M6MYTD1Y5YMAX
Ethereum ETH
$2,536.22
-$54.86(-2.12%)Today
1D5D1M6MYTD1Y5YMAX
đ Market Trends (June 18, 2025)
Bitcoin (BTC) is hovering around $105,460, down about 1.7% intraday, with a low near $103,600 and a high around $107,296. The drop comes amid heightened geopolitical concerns in the Middle East m.economictimes.com+3fxleaders.com+3x.com+3m.economictimes.com+1coinpedia.org+1coinpedia.orgen.wikipedia.org+2reuters.com+2en.wikipedia.org+2.
Ethereum (ETH) is trading near $2,536, down approximately 2.1% on the day standwithcrypto.org.
Aptos APT has dipped 5.6%, with its volume down almost 17% in the last 24 hours moneycontrol.com.
đ° Major News
Stablecoin Regulation Advances:
The U.S. Senate passed the GENIUS Act (68â30), marking the first federal oversight of stablecoins. It mandates full reserve backing, AML compliance, and audited disclosures for issuers over $50âŻbillion. The bill now heads to the House axios.com+12wsj.com+12politico.com+12.
Corporate Embrace of Stablecoins:
Banks like Bank of America and Morgan Stanley are piloting stablecoin strategies. Firms such as SociÊtÊ GÊnÊrale and Santander, plus giants Walmart and Amazon, are exploring issuance, a trend driven by clearer regulation theverge.com+2reuters.com+2wsj.com+2.
Tron Seeks a Nasdaq Debut:
Justin Sun is planning to take the Tron project public via a reverse merger with SRM Entertainment, potentially raising $100 million to support token development ainvest.com+3axios.com+3tronweekly.com+3ainvest.com+10tronweekly.com+10en.wikipedia.org+10.
Trump Media Files BitcoinâEther ETF:
Trump Media & Technology Group has submitted an SEC filing for an ETF allocating 75% BTC and 25% ETH, with Crypto.com as the execution agent businessinsider.com+1tronweekly.com+1.
Bitcoin Mining Shifts to U.S.:
Chinese manufacturers of mining rigs are establishing U.S. facilities to avoid tariffs, reshaping global supply chains fxleaders.com+2reuters.com+2fxstreet.com+2.
XRP ETFs Launch in Canada:
Two XRP @Toronto Stock Exchange ETFs (Evolve & Purpose) will begin trading today, offering fresh institutional access to XRP investments ainvest.com+1tronweekly.com+1.
Crypto Events Today:
Across Protocol hosts a cross-chain AMA at 5âŻPMâŻUTC en.wikipedia.org+5fxleaders.com+5cryptotimes.io+5coinmarketcap.com+1standwithcrypto.org+1.
Binance begins a token generation event for DAOBASE AI (BEE) today m.economictimes.com.
Crypto.com launches the SOL App Campaign: top 2,000 participants win $10 BTC each for DEPOSITING SOL (June 18 â July 2) crypto.com.
đ Outlook & Key Catalysts
The GENIUS Act, with momentum towards final approval, could be a game-changer for mainstream stablecoins like USDC, USDT, and USDP.
Geopolitical risks (Middle East tensions) may continue to impact BTC volatility in the short term.
Institutional movesâlike Trumpâs ETF and Canadian XRP ETFsâsignal growing acceptance and deeper traditional-market integration.
Mining production shifting to the U.S. may offer supply-chain resilience amid tariff pressures.
đ What to Watch
House Vote on GENIUS Act: Could enactment trigger major market movesâboth for stablecoins and crypto equities.
Geopolitical Developments: Any new Middle East news may cause rapid spikes or drops in BTC.
ETF Approvals: SEC decisions on BTC/ETH or Trump Mediaâs filings could ignite fresh institutional inflows.
Let me know if you'd like a deeper dive into any of these topicsâor live tracking of crypto prices, ETFs, or events.