📊 Crypto Market Update – June 24, 2025
🔹 Global Market Cap Drop
The total crypto market value fell ~3.1% in the past 24 hours, now at $3.21 trillion, largely driven by geopolitical tensions and profit-taking .
🔹 BTC & ETH Action
Bitcoin pulled back to $98K before rebounding to $102K, recovering +2.3% in a day .
Ethereum mirrored the move, dropping below $2,500 then climbing back toward $2,300, riding ETF and macro stability .
🔹 Institutional Moves & Regulation
ProCap Financial launched its $1B Bitcoin treasury vehicle—signaling rising institutional Bitcoin use .
BlackRock is exploring new crypto ETFs beyond BTC & ETH, while the U.S. Senate passed the GENIUS Act—a major milestone in stablecoin regulation .
🔹 On‑Chain & Technical Signals
Roughly $1 billion in liquidations occurred, fueling today’s rebound .
BTC reclaimed its 20‑day EMA and may test resistance near $105K, while ETH aims to break the $2,500 ceiling