$BTC The Bitcoin (BTC) market is buzzing with activity as the leading cryptocurrency continues its fascinating price action against the US Dollar. Currently trading around the $105,000 mark, BTC has seen significant volatility, reaching an all-time high of over $111,000 recently. This upward momentum has fueled widespread optimism among investors and analysts, with many predicting even higher targets for the remainder of 2025 and beyond. Several factors are at play in the $BTC price narrative. Institutional adoption, particularly through Bitcoin ETFs, remains a powerful catalyst, drawing in traditional finance players and providing new avenues for investment. The Bitcoin halving event, which occurred recently, has historically led to price appreciation due to the reduced supply of new BTC entering the market. Macroeconomic conditions, including central bank policies and global liquidity, also heavily influence Bitcoin's price, with a more dovish stance from central banks generally seen as a positive. However, it's not all smooth sailing. Regulatory uncertainties, geopolitical tensions, and potential profit-taking by large holders could introduce volatility. While the general sentiment for $BTC remains bullish, with predictions ranging from $130,000 to even $250,000 by year-end, investors should always be mindful of the inherent risks and rapid fluctuations in the crypto market. The interplay of supply and demand, technological advancements within the Bitcoin network, and evolving market sentiment will continue to shape the trajectory of $BTC . #BTC #Bitcoin #Crypto #Cryptocurrency #MarketAnalysis #PricePrediction #Blockchain #DigitalAssets #Investment
#FOMCMeeting The Federal Open Market Committee (FOMC) meeting, concluding today, June 18, 2025, has been a focal point for global financial markets. As widely anticipated, the Federal Reserve has maintained the target range for the federal funds rate at 4.25%–4.50%. This marks the fourth consecutive meeting where rates have remained unchanged, signaling the Fed's cautious stance amidst persistent economic uncertainties. Market participants were keenly awaiting any forward guidance from Chairman Powell's press conference, especially regarding the possibility of future rate cuts. While the current consensus leans towards a potential cut in September, the Fed's statements emphasize a data-dependent approach, taking into account labor market conditions, inflation pressures, and broader financial and international developments. The updated Summary of Economic Projections (SEP), often referred to as the "dot plot," will provide crucial insights into individual FOMC members' expectations for the path of interest rates and key economic indicators like GDP growth and unemployment. The committee acknowledged that the risks of both higher unemployment and higher inflation have risen, highlighting the delicate balance they aim to strike in achieving their dual mandate of maximum employment and price stability. #FOMC #FederalReserve #InterestRates #MonetaryPolicy #Economy #FinancialMarkets #Inflation #Unemployment #RateDecision #Powell
STORY CONTINUES BELOW Don't miss another story. Subscribe to the State of Crypto Newsletter today. See all newsletters Enter your Email By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy. Trump also referenced legislation working its way through Congress.
"My administration is working with governors to pass the GENIUS Act supporting the creation of dollar-backed stablecoins, and we also will be working to create clear and simple market frameworks that will allow America to dominate the future of crypto and bitcoin," he told a filled room to scattered applause.
The Senate's GENIUS Act will go through a procedural vote on Thursday, following a successful effort on Wednesday. Meanwhile, two key House committees advanced a market structure bill on Tuesday.
Trump also noted his executive order on establishing a national bitcoin BTC $104,609.16 reserve, saying, "we created the US Strategic Bitcoin Reserve and the United States Digital Asset stockpile," though neither has actually been created yet.
Coinbase donated a million dollars to Trump's inaugural fund, and was a major backer of the Fairshake super PAC in the 2024 election. It's already committed tens of millions of dollars to Fairshake for the 2026 election.
Following his remarks, Coinbase CEO Brian Armstrong and Circle (CRCL) CEO Jeremy Allaire reflected on crypto and their respective company's evolutions, arguing that crypto could become a bigger part of the global financial system.
Allaire, whose company went public on the New York Stock Exchange last week, said it was difficult for Circle to meet with backers or other entities a decade ago