Here’s an in-depth look (approximately 200 words) at the state of the cryptocurrency market today, Thursday, June 12, 2025:
The digital markets are experiencing volatility after a strong upward wave in recent days. The price of Bitcoin has decreased by about 1.6% over the past 24 hours, hovering around $107,467, despite reaching high levels close to $110,300 yesterday. This partial decline came after reassuring inflation data in the United States (CPI at 2.4%), which caused a partial technical correction through automated selling.
Ethereum also recorded a similar decline, with its price reaching about $2,760, within a price range between $2,718 and $2,871. Nevertheless, market sentiment remains positive, driven by increasing institutional confidence in Bitcoin and technical indicators suggesting the possibility of continued rise towards resistance levels at $112,000, and perhaps exceeding them to $137,000 in the medium term.
On the other hand, the demand for instruments like 'Bitcoin ETF' has risen to $132 billion in assets, along with a noticeable increase in activities of financial entities and companies adopting Bitcoin as a hedge against inflation.
When shifting to alternative currencies (altcoins), the rising interest in Dogecoin (DOGE) stands out after trading between 19 and 20 cents, amid potential predictions for ETF approval. XRP and a set of technical tokens also show promising performance, supported by spikes in institutional interest.
Regarding the regulatory framework, the U.S. Congress continues to discuss laws such as CLARITY and GENIUS to enhance transparency and controls in this sector. We also observe a growing trend towards adopting stablecoins in cross-border transactions, especially in emerging markets, despite ongoing concerns about anti-money laundering issues.
Summary: Despite the momentary correction, the cryptocurrency market remains in a structurally bullish position, supported by positive institutional, economic, and regulatory factors. The general trend indicates the completion of the 'winter' phase as some have expressed, with expectations that technical formation and price improvement will continue in the coming period.
