#cryptowatch #CryptoWatch2025 #IfYouAreNewToBinance #IsraelIranConflict
🧠 June 19 in Crypto History
1. Mt. Gox Admin Intrusion & Fake BTC Sales (2011)
On June 19, 2011, the Mt. Gox exchange was compromised when someone gained admin access and placed massive fraudulent sell orders—driving Bitcoin’s price down to just a penny. They froze trading, reversed the orders, and investigated the attack binance.comfinance.yahoo.com+2en.bitcoin.it+2medium.com+2.
2. 60,000 Mt. Gox User Accounts Leaked (2011)
The same day, Mt. Gox disclosed that 60,000 user accounts had been stolen—many users lost assets from third‑party wallets due to reused passwords .
🏦 Modern Market & Ecosystem Snapshots
— June 19, 2019 ✨
A snapshot in mid‑2019 showed Bitcoin around $9,273 (market cap $165 billion), Ethereum close behind as #2 m.economictimes.com+2coinmarketcap.com+2en.wikipedia.org+2.
— June 19, 2024 📈
Crypto prices surged amid hopes for U.S. Fed rate cuts:
BTC: ~$65,568
ETH: surged ~3.6% to ~$3,560 binance.com+3m.economictimes.com+3binance.com+3.
— June 19, 2025 🔄
Bitcoin at ~$104,800–105,000, fluctuating in a Bollinger Band mid-range—MACD signals bullish binance.com.
Ethereum around $2,510, bouncing but technically weak binance.com.
Broader crypto market saw a $200 billion volatility spike amid Israel–Iran tensions—Bitcoin held steady between $104–105 K finance.yahoo.com+15tronweekly.com+15m.economictimes.com+15.
⏳ Broader Historical Milestones
Public‑key cryptography (1976): Diffie–Hellman, laying groundwork for modern crypto wired.com+2en.bitcoin.it+2en.wikipedia.org+2.
DigiCash & e‑cash (1983): Early attempts at digital currency by David Chaum en.bitcoin.it+1en.wikipedia.org+1.
Bitcoin whitepaper (Oct 2008) → network launch (2009) en.bitcoin.it+1en.wikipedia.org+1.
🌟 Why This Matters
2011 Mt. Gox hacks exposed serious early threats to crypto security, prompting better standards.
June rally days (2024, 2025) often reflected broader macro and geopolitical drivers—rate cuts, ETFs, or tension-led risk-on moves.
Tech roots (1970s–80s) show that crypto stems from fundamental cryptographic breakthroughs, not just financial trends.
