๐ Market Overview
Bitcoin (BTC) is trading around $108.5K, down slightly from yesterday, after peaking at $110.3K intraday .
Ethereum (ETH) stands near $2,769, cooling off from a recent high near $2,871 .
Other altcoins like XRP, Solana, Dogecoin, Cardano, and Avalanche are mostly positive, benefitting from broader market momentum .
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๐ฐ Headlines Today
1. U.S. Stablecoin Bill Advances in Senate
A key stablecoin regulationโthe โGENIUSโ billโjust passed a pivotal vote and is moving toward full Senate consideration . This may shape regulatory frameworks for stablecoins.
2. Ethereum Hits 15โWeek High
Ethereum surged 14%, touching $2,833 on June 11 as it breaks through technical resistance, sparked by bullish fundamentals .
3. Bitcoin Clings to Gains Amid USโChina Trade News
BTC remains near the $109โ110K range despite investor hesitation ahead of fresh U.S. inflation data .
4. Altcoin Rally Continues
Rallying altcoins: Solana +5%, Dogecoin +4%, Cardano +3.7%, with Hyperliquid jumping ~8.4% .
5. Ukraine Considers Crypto Reserves
Reports suggest Ukraine is exploring the idea of allocating part of its national reserves into cryptocurrencies .