$BTC
What Happened to Bitcoin (BTC) and Ethereum (ETH) in June 2025?
Bitcoin (BTC)
Current Price: ~$103,182
Recent Trend: Bitcoin recently pulled back from all-time highs near $112,000 and is now consolidating above $100,0006.
Market Drivers:
Institutional Demand: Massive inflows into Bitcoin ETFs (over $55 billion projected for 2025) are fueling demand and supporting prices.
Macro Factors: Geopolitical tensions and expectations of U.S. Federal Reserve rate cuts are pushing investors toward Bitcoin as a hedge.
Technical Picture: BTC is holding key support at $105,000, with resistance at $109,000 and $112,000. If it breaks above $112,000, analysts expect a move toward $120,000–$125,0001.
Forecasts:
Most analysts remain bullish, with year-end targets ranging from $120,000 to $150,000 or higher, assuming institutional interest and favorable macro conditions continue.
Ethereum (ETH)
Current Price: ~$2,462
Recent Trend: ETH rebounded about 45% in late May, outperforming Bitcoin and DeFi peers, but has since pulled back from highs above $2,6006.
Market Drivers:
Network Upgrades: Anticipation of the “Pectra” hard fork (mid-2025) is boosting sentiment, as it will improve scalability and staking.
ETF Inflows: Like Bitcoin, Ethereum is seeing increased institutional adoption via ETFs, supporting price recovery.
Technical Picture: ETH faces resistance at $2,825 and $3,013. A daily close above $3,013 could trigger a rally toward $4,000, while failure could see a correction toward $2,000.
Forecasts:
Analysts expect ETH to trade between $2,700 and $2,900 in June, with potential to test $3,000–$4,000 if bullish momentum continues.
Why Are BTC and ETH Moving?
Institutional Inflows: Both assets are benefitting from surging ETF investments and growing mainstream adoption.
Macro Environment: Uncertainty and potential interest rate cuts are driving investors to crypto as a hedge.
