Bitcoin volatility subsiding as prices dip slightly
Date: Thu, June 12 2025 (UTC)
Summary: Bitcoin fell by about 1.6% over the past 24 hours to $107,736, pulling back from the intraday high of $110,332 reached the previous day. Ether, XRP, and Solana also saw modest declines amid weaker-than-expected inflation data. This cooling in price action is being interpreted by analysts as a sign of a maturing crypto market with increasing institutional participation .
Full Details:
Bitcoin hit $110,332 on Wednesday—just 1% shy of its all-time peak near $112,000 from May. On Thursday morning, it traded at $107,736, representing a 1.6% decline in 24 hours. Ether dropped 1.1%, XRP 1.2%, and Solana 4.4% .
Analysts noted this pullback followed softer U.S. inflation data, but sentiment remains bullish.
Roshan Robert (OKX U.S. CEO): "We're not just watching Bitcoin break records—we're seeing the end of an era. Volatility once defined crypto. Now, sustained strength points to a maturing market" .
Brett Knoblauch (Cantor Fitzgerald): He anticipates a continued rally into early 2026 before a correction, thanks to a supportive macroeconomic environment, institutional growth, and a pro-crypto U.S. administration. He described Bitcoin as “a hedge against monetary debasement” .