GM20250619

1) Market Trends

BTC fluctuates, altcoins generally decline. The performance of US stocks is better than that of altcoins.

US stocks are volatile. The market expects the Federal Reserve to cut interest rates twice in 2025 and only once in 2026.

2) Market Highlights:

1. Stablecoin USDC's parent company Circle surged, with a market capitalization reaching $45 billion. The US Senate passed a stablecoin bill. If Circle can maintain its current 25% market share by 2028, with a stablecoin scale of $2 trillion and an interest rate of 2%-3% in three years, it can be predicted that, after deducting 50% of revenue sharing (slightly lower than the current 60% ratio), a market value of $40 billion can be calculated.

This equals $20,000 * 0.25 * 2.5% * 50% = $6.25 billion in profit, corresponding to the current $45 billion market value is a 7x PE. This means future expectations are being advanced.

2. The small coin RAY surged on South Korea's Upbit.

3. The meme token Useless increased to a $100 million market value, with the Bonk platform controlling the market. The meme token Joe increased, with Murad controlling the market.