#GENIUS稳定币法案

Here are the important economic and cryptocurrency events on June 18, 2025, covering market, policy, and on-chain dynamics:

🌍 Global Economy and Market

• Federal Reserve maintains interest rates

The Federal Reserve maintained the interest rate at the range of 4.25%–4.50% today (June 18) in response to the Middle East situation and the impact of U.S. tariff policies on inflation, while the market expects only one interest rate cut this year.

• Geopolitical tensions in the Middle East

The conflict between Israel and Iran has escalated, raising concerns over the safety of transportation in the Strait of Hormuz and oil prices, with international oil prices briefly rising to $75–76 per barrel.

• Global stock market reacts steadily

Despite increased geopolitical and inflation risks, the international stock market remains stable overall, with the Brazilian Central Bank set to announce its interest rate decision and the Bank of Japan releasing minutes from a previous meeting.

₿ Cryptocurrency Focus

• Bitcoin remains stable above $105,000

Despite the impact of geopolitical and macroeconomic factors, Bitcoin has remained steady above the $105K mark, reflecting the market's focus on its value as a safe haven asset.

• General decline in cryptocurrency values

Due to the passage of the stablecoin bill and pressure ahead of the Fed meeting, Bitcoin fell about 1% to $104,300, while ETH, XRP, and SOL dropped by 2.6%–3.6%.

• Stablecoin bill passed

The U.S. Senate passed the GENIUS Act by a wide margin, establishing regulatory frameworks for stablecoins, symbolizing the cryptocurrency industry’s progress towards compliance.

• Capital accumulation dynamics

The Paris-listed company The Blockchain Group increased its holdings by 182 BTC, bringing its total holdings to 1,653 BTC, indicating active participation from institutions.

• On-chain project updates

IoTeX will conduct an L1 v2.2.0 hard fork on its mainnet today, reducing block time to 2.5 seconds and launching System Staking v3.

🔍 Analysis and Outlook

• Short-term risk points

Geopolitical tensions and rising oil prices may delay the Fed's interest rate cuts, causing short-term funds to temporarily avoid cryptocurrencies and growth assets.

• Medium to long-term drivers

The stablecoin bill and institutional accumulation, coupled with project technology upgrades like hard forks, provide bullish fundamentals for the market, supporting market confidence.