Bitcoin (BTC) is the world’s first and most well-known cryptocurrency, created in 2009 by the pseudonymous developer Satoshi Nakamoto. It introduced a revolutionary concept: a decentralized, peer-to-peer digital currency that doesn't rely on any government or central bank. Bitcoin transactions are recorded on a public ledger called the blockchain, which is maintained by a global network of computers (miners). These miners validate transactions and secure the network through a process called Proof of Work.
Over the years, Bitcoin has evolved from an experimental digital asset to a mainstream store of value, often referred to as "digital gold." Its fixed supply of 21 million coins makes it resistant to inflation, unlike fiat currencies. Bitcoin is widely used for investment, cross-border payments, and as a hedge against economic instability. Its adoption by institutions, countries, and even public companies signals its growing importance in the global financial system.
Donald Trump’s private ventures and public companies are making significant moves into Bitcoin—from personal crypto earnings to major corporate wallets. In his family-backed firm World Liberty Financial, Trump holds 15.75 billion governance tokens and reportedly made around $57 million in 2024 from token sales, stablecoin efforts, memecoins, and a Bitcoin-mining start-up—boosting his crypto-linked net worth to approximately $1.7 billion . Meanwhile, as President, he issued a March 6 executive order creating a Strategic Bitcoin Reserve of forfeited BTC assets (estimated at ~200,000 BTC) and a broader digital-asset stockpile . This clearly signals an unprecedented push to position cryptocurrency—particularly Bitcoin—as a U.S. national reserve asset.
On the corporate side, Trump Media & Technology Group (TMTG)—which owns Truth Social and is controlled by the Trump family—has initiated one of the largest Bitcoin treasury deals by a public company. After raising $2.3–2.5 billion via equity and debt from roughly 50 institutional investors in late May, the SEC approved the related S‑3 registration on June 13, 2025, enabling TMTG to hold Bitcoin on its balance sheet alongside $759 million in cash equivalents . TMTG plan also includes a spot Bitcoin ETF and potential utility token usage across its platforms—an expansion reflecting both ideological support for crypto and strategic efforts at diversification. #TrumpBTCTreasury
I just sold all my $ETH at $2530. It dumped from $2875 to $2469 — and I couldn’t watch my portfolio bleed any further. 💔 This market is ruthless, and sometimes the smartest move is to protect your capital. Holding through hope can be more dangerous than making a tough decision. I’ll wait on the sidelines and watch how the next move unfolds. 👀 Patience is a position too. Not every dip is worth the pain.
Took the hit, learned the lesson, and still in the game. 🎯 Crypto isn’t just about profit — it’s about survival, strategy, and staying sharp. Better to lose a battle than lose the war. ⚔️ Now I’m watching key levels closely before I jump back in. The charts are messy, the sentiment is shaky — but opportunity always comes back. What would you have done in my place? Hold or sell? 🤔👇
Bitcoin (BTC) has dropped to around $104,960, falling over 2% in the last 24 hours amid renewed Israel–Iran tensions and fading hopes of near-term Fed rate cuts. After briefly dipping below $103K, BTC remains volatile but is still trading close to its all-time highs. Analysts see this as a short-term shakeout, with strong institutional demand and ETF inflows keeping the long-term outlook bullish. $BTC
Ethereum plunged over 13% in a single day, dropping nearly $400 as panic swept the crypto market. Possible causes? Liquidations, ETF delay rumors, whale sell-offs, and macro fears.
Traders are split: buy-the-dip opportunity or beginning of a deeper drop?
ETH now teeters near key support — the next move could be critical. $ETH
🗓️ Date: [Insert specific date if known] 📉 Drop: ~$377 loss 📊 Percentage: ~13.1%
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🧠 Possible Reasons Behind the Plunge
1. Market-Wide Liquidations: A sharp drop like this often triggers a cascade of long position liquidations on leveraged platforms. Once stop-losses start hitting, it's a domino effect.
2. Macroeconomic Fears: News of sticky inflation, hawkish Fed signals, or a stronger dollar could have made risk assets like crypto less appealing.
3. ETF Drama or Delay: If any anticipated Ethereum ETF approvals were delayed or negative regulatory news surfaced, it could've shattered short-term bullish sentiment.
4. Whale Dump: A major wallet or institution might have offloaded a large amount of ETH, spooking the market.
5. AI/Algo Panic: Automated trading bots react quickly to volatility — and sometimes irrationally — compounding drops.
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📉 Market Reactions
Altcoins followed ETH’s lead, with major coins like SOL, AVAX, and MATIC also seeing red.
Gas fees momentarily spiked as users rushed to DEXs to reposition.
Social sentiment turned sharply bearish on platforms like Twitter and Reddit.
Stablecoin inflows suggest many exited to safety, waiting for clearer direction.
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🧐 What Now?
Support Zone Test: ETH is now hovering near a critical support level around $2,500. A break below could signal deeper pain; a bounce might trigger a quick recovery.
Buying Opportunity? Bulls might see this as a discounted entry point, especially if fundamentals haven't changed.
Volatility Alert: Expect choppy moves ahead. ETH doesn’t usually move this hard without some follow-through.
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📌 Final Take
This kind of drop is a stark reminder: Crypto remains a high-risk, high-reward space. Whether this is just a healthy correction or the start of a deeper downturn depends on how the next few days unfold. Strap in — Ethereum might be in for a wild ride.
📈 Recent Tariff Escalation & Agreements In June 2025, President Trump announced a substantial trade agreement with China after negotiations in London and Geneva. The deal sets U.S. tariffs on Chinese goods at 55%—a combination of baseline, fentanyl-related, and prior duties—while China maintains its 10% tariff on U.S. imports . The U.S. also agreed to allow Chinese students and prioritize rare earth mineral supply from China. Meanwhile, the federal appeals court upheld the legality of these sweeping tariffs, keeping them in place pending further proceedings .
📊 Economic Impacts & Reactions Tariffs are having mixed economic effects. U.S. inflation remains moderate (2.4% in May) and employment is strong—with 139,000 jobs added—due in part to firms stockpiling and shifting suppliers . However, some sectors are already feeling the pinch: toys, autos, and intermediate goods report price hikes, while steel and aluminum remain costly . The Congressional Budget Office projects the tariffs could bring in $2.8 trillion in revenue over 10 years but at the cost of higher inflation and slowed economic growth . According to the Penn Wharton Budget Model, long-run GDP could decline by approximately 6% and real wages by 5% .
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🔍 Bottom Line
Trump’s current tariff strategy—marked by high rates, legal support, and targeted diplomatic deals—has introduced significant volatility. While near-term indicators like employment and inflation have remained resilient, structural concerns persist: slower growth, higher consumer prices, and ongoing legal uncertainty cloud the outlook. The eventual outcomes will hinge on how durable the recent U.S.–China framework proves, especially amid upcoming deadlines (e.g., the July 8 pause on broad tariffs) and potential Congressional intervention.
Bitcoin (BTC) has recently surged back above $110,000, nearing its all-time high as optimism builds around potential U.S. Federal Reserve rate cuts and cooling inflation. Institutional interest continues to drive momentum, with companies like MicroStrategy (now rebranded as Strategy) and GameStop doubling down on Bitcoin acquisitions. Strategy now holds over 581,000 BTC, and GameStop is raising $1.75 billion to expand its crypto holdings. Meanwhile, market analysts are eyeing the $112K resistance level, with bullish predictions ranging from $150K to even $200K by the end of 2025, depending on macroeconomic shifts and regulatory developments.
On the regulatory front, the U.S. Congress is progressing with two major pieces of legislation—the CLARITY Act, aimed at defining crypto regulatory roles, and the GENIUS Act, which addresses stablecoins. Internationally, the UK is softening its stance by proposing retail access to crypto exchange-traded notes (ETNs). In a political twist, Bitcoin has also entered mainstream conservative politics, with appearances from figures like Donald Trump Jr. and JD Vance at the Bitcoin 2025 conference in Las Vegas. As institutional accumulation and political support rise, Bitcoin is becoming more integrated into both financial and governmental systems, reinforcing its status as a long-term asset.
TradingTools101 covers the essential tools every crypto trader should know. Platforms like Binance, Coinbase, and Kraken serve as entry points for buying, selling, and managing assets. For deeper analysis, TradingView is the go-to charting platform, offering a wide range of indicators like RSI, MACD, and moving averages that help identify trends and entry/exit points. Many traders also use aggregators like 1inch or Matcha to get the best prices across multiple exchanges.
For those looking to automate strategies, bots like 3Commas, Coinrule, and Hummingbot can execute trades based on predefined logic, even when you're offline. On-chain analytics tools such as DeFi Llama and IntoTheBlock provide insights into market liquidity, token health, and sentiment. Beginners can start with just an exchange and TradingView, while advanced users benefit from combining bots, multi-exchange platforms, and on-chain data to maximize edge and minimize risk.
🔹 SEC Chair Paul Atkins Atkins emphasized a new, innovation-friendly approach to crypto regulation. He proposed conditional exemptions for DeFi platforms, meaning they could operate under lighter rules if they meet certain safety standards. He also made it clear that software developers shouldn’t be held responsible for how others use their code—a major relief for builders in the space.
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🔹 Market Response The crypto market responded positively. DeFi tokens like AAVE, UNI, and SKY surged over 20% after the event, with Binance’s CZ calling it “DeFi Day.” The optimism was largely fueled by signs of regulatory cooperation and reduced pressure on decentralized platforms.
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🔹 Broader Themes Regulators appear to be moving from a crackdown mindset to one of collaboration. There’s growing recognition that DeFi operates differently than traditional finance, and future rules may reflect that—especially around disclosures, risk transparency, and custody.
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🔹 What’s Next? The SEC is considering interpretive guidance, safe harbors for developers, and possibly new rules for crypto custody and token issuance. These could shape how DeFi and other crypto projects grow in the U.S. without facing immediate enforcement.
Ethereum indeed spiked to a session high around $2,871, matching the ~$2,875** level you noted. That surge briefly pushed ETH to its upper intraday extreme .
Currently trading near $2,758–2,760, roughly $2,755, ETH has retraced about 4–5% from that intra-day peak. Here’s how it unfolded:
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📈 What fueled the jump?
Momentum breakout: ETH broke above its recent $2,800 technical resistance on June 10–11, touching a 15‑week high near $2,827 .
Liquidations & open interest: An estimated $1.8 billion worth of short positions were vulnerable around $2,900—likely triggering short squeezes and cascading buying pressure .
ETF and staking tailwinds: Spot ETH ETF inflows, increasing on‑chain activity, and growing staking rates added bullish undercurrents .
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🔁 What’s next?
Support around $2,700–2,750: After pulling back from the intraday high, this zone could act as a pivot. If it holds, another leg higher may develop.
Watch the $2,800 breakout: A confirmed daily close above $2,800 with volume may signal continuation toward $3,000+, while a rejection could send ETH back toward ~$2,400–$2,600 .
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⚖️ Summary
High reached: ~$2,875 intraday
Current trading: $2,755 per your note)
Retracement: ~4–5% from high
Key zones: Support at ~$2,700–$2,750; resistance around $2,800–$2,900
Let me know if you'd like deeper technical analysis, chart patterns, or thoughts on catalysts like ETF flows or network developments!