Here are the latest developments in crypto for June 22, 2025:

BTC Droped | BTC Dip

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📉 Market Movers & On‑Chain Insights

Bitcoin saw a dip to around $101K before solid bounce‑back to ~$102.8K, driven by heavy institutional support after fears tied to geopolitical tensions subsided .

Ethereum fell below $2,300 (~–6%), hovering near $2,270, as broader market pressure deepened .

Overall, the crypto market faced a wave of liquidations (~$595 million) due to U.S. actions on Iran’s nuclear sites .

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🧩 Broader Trends & Sentiment

Institutional momentum is strengthening: BTC spot volume jumped 10–35% in the first half of today, with on‑chain data showing increased accumulation among large holders .

Technical trends suggest Bitcoin is trading within a $100K–$110K range, with resistance near $103K and support at $100K; longer‑term indicators hint at bullish continuation .

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🌍 Regulatory & Structural Shifts

U.S. lawmakers are fast‑tracking the GENIUS Act to regulate stablecoins, backed by broad bipartisan support and urging from former President Trump for a “clean” version .

Norway has proposed a temporary ban on new energy‑intensive crypto mining operations, citing concerns about electricity usage and minimal local benefit .

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🔐 Legal Fallout & Criminal Cases

A 19‑year‑old from Connecticut, Veer Chetal, pled guilty to a $245 million crypto fraud scheme, linked to a massive Bitcoin theft and kidnapping plot . He’s cooperating with prosecutors and likely to face deportation.

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✅ Bottom Line

Markets remain volatile—flash sell‑offs on geopolitical fears are met with institutional buy‑ins. Eyes now turn to stablecoin regulation in the U.S. and mining restrictions in Europe, which could shape both market sentiment and infrastructure. Legal repercussions from scams continue to highlight the need for caution and compliance.

$BTC