June 12, 2025 Crypto Briefing

Market Sentiment

The current Fear and Greed Index is 71, indicating a 'Greed' sentiment.

In terms of price performance, the market has shown significant volatility recently. Bitcoin's current price is $108,402, down noticeably from $110,392 24 hours ago. Ethereum's current price is $2,756.

The current index corresponds with price trends, as Bitcoin fell from $110,392 to $108,402, and Ethereum dropped slightly from $2,879 to $2,756.

Today's Headlines:

1. U.S. Stablecoin Bill Advances, Positive for Crypto Market

- The U.S. Stablecoin National Innovation and Establishment Act (GENIUS Act) passed in the Senate with a vote of 66 to 32, marking a key step forward.

- The bill establishes a federal licensing and regulatory framework for payment stablecoins, aiming to provide regulatory clarity.

- With bipartisan support, Senators Bill Hagerty, Tim Scott, Kirsten Gillibrand, and Cynthia Lummis jointly promoted it, indicating that stablecoins are expected to be officially incorporated into the financial system.

Impact Analysis:

The advancement of the GENIUS Act brings much-needed regulatory clarity to the crypto industry, especially positively impacting stablecoins like USDT and USDC, which is expected to attract more institutions and funds into the market, enhancing market stability.

2. Crypto Market Pullback Amid Inflation Data and Trade Uncertainty

- On June 11, the crypto market experienced a pullback influenced by U.S. inflation data and trade negotiations (Source: FXLeaders).

- The U.S. inflation rate for May was 2.4%, with a monthly increase of 0.1%, lower than expected, but the market reacted negatively, causing Bitcoin to drop to around $108,300, with some altcoins falling by up to 5%.

- A temporary ceasefire in U.S.-China trade negotiations briefly boosted the market, but subsequent pullbacks indicate complex market sentiment.

Impact Analysis:

Although the inflation data is favorable for risk assets, the uncertainty brought by trade negotiations has intensified market volatility. Overall, the market swings between positive and risk factors, with short-term pullbacks, but the long-term trend still requires observation.

Regardless of market fluctuations, remember to remain rational, manage risks effectively, and don't let emotions dictate your investment decisions.

Wishing you successful trading, and always keep DYOR!