Well, here we are again – another week where global drama is absolutely wrecking the crypto market. Shocking, right? 🙄
The juicy gossip this week? The US-China trade deal finally decided to get its act together and meet in London. Nothing says “let’s make a deal” like two world superpowers shaking hands in a posh British city. And, as expected, our dear POTUS couldn’t resist dropping the news on Twitter that they’d reached an agreement. Because why not just announce major geopolitical wins via social media? 🤳
Naturally, Bitcoin was all over the place because of this, starting the week at around $105,500. But as usual, it took one look at that sweet $110,500 price and thought, “Nah, not today, honey.” 😅
By Wednesday, Trump was on his social media again talking about how the US is “happy” with the terms, and even the CPI numbers were looking kinda decent. But guess what? Bitcoin was like, “No thanks!” and promptly nosedived. Classic BTC, right?
Friday rolls around, and things get even juicier: Israel bombs some Iranian military targets, and Trump goes off about giving Iran “chance after chance” to sign a nuclear deal. Seriously, is this a crypto market recap or a geopolitical soap opera? 🍿
By the end of it all, Bitcoin managed to claw its way back to $105,000. Not exactly a happy ending, but at least it’s in the green for the week. Meanwhile, HYPE is living its best life with a 15.5% weekly surge and hitting a fresh new all-time high above $42. Who’s winning now? (Hint: It’s HYPE.) 💸
Other coins are in the red, as usual. RIP, SOL, SUI, TON, SHIB, ADA, DOGE, and TRX. Maybe next week, gang. 🙃
Market Data
Market Cap: $3.382T | 24H Vol: $173B | BTC Dominance: 61.6%
BTC: $104,800 (+1%) | ETH: $2,540 (+2.8%) | XRP: $2.15 (-0.06%)
This Week’s Crypto Headlines You Can’t Miss
Institutional Appetite Grows as Bitcoin ETFs Rebound with $1.07B in 4 Days – Remember when Bitcoin ETFs were struggling? Well, forget that. In a few days, they made over a billion bucks. Who’s laughing now? 😎
BlackRock’s IBIT Becomes Fastest ETF to Hit $70B AUM – Oh, BlackRock, you overachiever. In less than 18 months, your Bitcoin ETF is breaking records like it’s nothing. Slow down, will you?
Spot Ethereum ETFs Outshine Bitcoin with $240M Daily Flow – Take a seat, Bitcoin. Ethereum’s got this one, with a massive $240 million inflow. The ETH gang is out here flexing. 💪
Ripple’s XRP Ledger Welcomes the World’s Second-Biggest Stablecoin – Because, of course, XRP needed to get in on the stablecoin action. USDC is now chilling on the XRP Ledger. Just adding to the chaos. 😆
Michael Saylor’s Strategy Buys $110 Million Worth of Bitcoin – Michael Saylor is out here dropping $110 million on Bitcoin like it’s pocket change. His company now owns 582,000 BTC. If that doesn’t scream “HODL” I don’t know what does. 💰
Mercurity Fintech to Raise $800M for Strategic Bitcoin Treasury Reserve – Another corporation wants in on the Bitcoin game, with a plan to raise $800 million. It’s a crypto gold rush out here, people!
Charts
Check out our in-depth chart analysis on Ethereum, Ripple, Cardano, Hype, and Solana. You know you want to. Click here for the full price breakdown.
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2025-06-13 16:35