🚨 Market Overview
Bitcoin (BTC): ~$109,035 (slightly down) — trading between $108.6K and $110.3K.
Ethereum (ETH): ~$2,825 (+2.5%) — intra-day range $2,756–$2,871.
BNB: ~$668 (flat), Cardano (ADA): ~$0.707 (flat), XRP: ~$2.30 — consolidating.
---
📰 Top Headlines Moving the Market
1. Massive Crypto ETF Inflows
Bitcoin ETFs saw a net inflow of $425M (3,880 BTC), led by BlackRock's iShares adding ~3,067 BTC.
Ethereum ETFs added 43,340 ETH (~$121M), with iShares accounting for 29,056 ETH .
→ Institutional capital boost is fueling short-term bullish momentum.
2. Stablecoin Supply Surges
**$247B** in stablecoin reserves (~10% of U.S. physical cash) — up 54% year-over-year.
The GENIUS Act is progressing in the U.S. Senate to regulate issuers like Circle, whose stock jumped post-IPO .
3. Crypto Stocks & Platforms Highlight
Peter Thiel-backed Bullish exchange filed confidentially for a U.S. IPO, riding on favorable regulatory climate .
Binance cleared SEC charges and became top-ranked exchange on Bitcoin.com, improving user trust .
4. Anticipation of U.S. CPI Release
Markets are calm ahead of inflation data; Bitcoin edging toward its all‑time high (~$109.5K) .
→ CPI could influence Fed policy, impacting risk assets including crypto.
5. Altcoins Show Strength
Ethereum is outperforming with +4.6% growth to ~$2,798 .
Altcoins (e.g. DOGE +5.4%) are rallying ahead of broader “altcoin ETF summer” sentiment .
XRP consolidating near $2.30 on global trade and policy cues .
6. Macro Tailwinds
Preliminary U.S.–China trade deal framework eases global risk aversion, boosting crypto flows .
Technical analysis shows BTC breaking above its 50-day MA, aligned with Nasdaq strength—signaling “Joyful June” momentum .
---
📌 Takeaway & Watchlist
