1. Escalating geopolitical tensions in the Middle East • Recent escalations between Israel and Iran have heightened investor fears of a shift towards a broader conflict, prompting them towards safe assets like gold and bonds, and pulling them away from high-risk assets like cryptocurrencies. • This flight from risk has led to sharp sales and losses in the crypto market over the past two days.
🧭 Current Direction of the Cryptocurrency Market (June 2025): • ✅ The market is currently bullish. • 📈 Bitcoin is above $105,000 (and reached its highest peak last month). • 📉 Ethereum has dropped to around $2,500 after being higher. • 💰 There is money being pumped in from large investors (ETFs and investment funds). • ⚠️ However, the market is experiencing calm and slight fluctuations, meaning there are no big explosions or crashes.
Why did Binance refuse to list the Pi Network currency knowing that it has a very large community, while at the same time Binance is listing other currencies that have no originality?