Crypto Briefing on June 13, 2025

Market Sentiment:

- Bullish: 50%

- Bearish: 13%

- Neutral: 37%

This sentiment is also reflected in the 'Fear and Greed Index', with the latest value at 71 (Greed), indicating a high level of optimism in the market, though some KOLs remain cautious.

Today's Highlights:

1. Bitcoin Volatility Amid Global Trade Turmoil

- On the evening of June 12, a sell-off occurred in the crypto market, with Bitcoin dropping from $108,566 to $102,664.

- Mainstream altcoins such as Ethereum, Solana, XRP, and Dogecoin experienced even larger declines of 5%-7%.

- The primary reasons for the drop were the tariff threats from Trump and rising tensions in the Middle East (including Iran nuclear negotiations and developments in Israel).

- However, on June 12, the US and China announced a new trade agreement, reducing tariffs from 145% to 55%, which is expected to boost market confidence.

Impact Analysis:

Although tariff news initially suppressed Bitcoin, the implementation of the new trade agreement is expected to restore market confidence, potentially driving prices up in the short term, benefiting both retail and institutional investors.

2. Circle Goes Public, A New Era of Stablecoin Regulation

- USDC issuer Circle went public on the NYSE in May 2025 under the ticker 'CRCL', raising $624 million with a valuation of $6 billion, opening at $31 and closing at $83.23, with a market cap of approximately $6.9 billion (Reuters).

- The US Congress introduced the STABLE Act and the GENIUS Act, requiring stablecoins to achieve compliance within 180 days to 1 year, including provisions for reserves, transparency, anti-money laundering, and consumer protection, aimed at enhancing market stability.

Impact Analysis:

Circle's successful IPO demonstrates strong market interest in stablecoins and asset tokenization. As regulations become clearer, stablecoins are expected to gain favor among more institutions and retail investors, promoting healthy industry development.

Regardless of market fluctuations, remember to stay rational, manage risks effectively, and don’t let emotions drive your investment decisions.

Wishing you successful trading, always remember to DYOR!