According to @FoxNews, the New York Stock Exchange has filed a rule change proposal to list the Truth Social Bitcoin and Ethereum ETF from Trump Media and Technology Group. This proposed dual-asset fund would hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, marking a significant step in the company's crypto ambitions. This development occurred as the broader cryptocurrency market experienced a downturn, with Bitcoin (BTC) falling over 2.5% to $105,900. Altcoins such as Ether (ETH), Solana (SOL), and XRP faced even steeper losses of 5-7%. The source attributes the market weakness to increased risk aversion among traders, fueled by President Trump's threats of new trade tariffs and rising geopolitical tensions involving Iran. While U.S. stocks managed to recover from the initial shock, the crypto market continued its decline. However, softer than expected Producer Price Index (PPI) data and rising jobless claims could potentially pressure the Federal Reserve to adopt a more dovish monetary policy, a factor traders are closely watching.

According to @moonshot, Ethereum (ETH) is demonstrating notable strength against Bitcoin (BTC), with the ETH/BTC pair surging 2.256% over the last 24 hours. Against the dollar, the ETH/USDT pair is trading at approximately $2460.72, a modest increase of 0.689%, after fluctuating between a daily high of $2522.57 and a low of $2414.29. This indicates significant intraday volatility and a potential momentum shift favoring ETH over BTC. Furthermore, select altcoins are also showing relative strength, with the SOL/ETH and ADA/ETH pairs climbing 2.595% and 1.838% respectively, suggesting traders may be rotating capital within the Ethereum ecosystem.

According to @rovercrc, the cryptocurrency market saw a broad sell-off, with Bitcoin (BTC) falling over 2.5% to below $105,900. Altcoins experienced steeper declines, with Ether (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) dropping between 5% and 7%, as cited in the report. This downturn in risk assets was partly attributed to geopolitical tensions. However, despite the dip, Matt Mena, a crypto research strategist at 21Shares, suggests that softer-than-expected U.S. inflation data could be a major bullish catalyst. Mena stated that if BTC breaks out of the $105,000-$110,000 range, it could see a sharp move to $120,000. He further noted that with continued momentum, a Bitcoin price of $200,000 by the end of the year is now 'firmly in play,' driven by factors like cooling inflation, potential Fed policy easing, and increasing institutional adoption.

According to FoxNews, the cryptocurrency market is experiencing a significant downturn due to escalating geopolitical tensions between the U.S. and Iran. Bitcoin (BTC) has fallen 3.8%, trading below $104,000, while major altcoins like Ether (ETH) and Solana (SOL) have slumped by 7%. Javier Rodriguez-Alarcón, CIO at XBTO, stated that the conflict introduced a 'significant geopolitical risk premium,' causing a flight from risk assets like crypto. Additionally, Finequia analyst Matteo Greco warned that any impact on Iran's oil production could spike inflation, further pressuring markets. This risk-off sentiment has also hit crypto-related stocks, with miners like Riot Platforms (RIOT) and CleanSpark (CLSK) dropping 6-7%. Despite the downturn, some analysts note that weakening U.S. economic data, such as higher-than-expected jobless claims, could potentially force the Federal Reserve to cut interest rates, which may act as a future catalyst for risk assets.

According to @KobeissiLetter, the U.S. Federal Reserve has held its benchmark interest rates steady in the 4.25%-4.50% range, while signaling weaker economic growth and higher inflation projections for the year. The Fed's updated dot plot still indicates 50 basis points of rate cuts in 2024, but projects fewer cuts in subsequent years. The crypto market reacted with increased volatility; after an initial muted response, Bitcoin (BTC) fell over 2.5% to below $106,000 before recovering to trade near $107,000 (BTCUSD). The downturn was more severe for altcoins, as Ethereum (ETH), Solana (SOL), and XRP (XRP) experienced drops of 5%-7%. The source attributes the selloff in risk assets to rising geopolitical tensions. However, recent softer inflation data (PPI) and rising jobless claims could potentially force the Fed into a more dovish monetary policy, which may create a tailwind for cryptocurrencies.

According to @rovercrc, a Coinbase Research report indicates a constructive outlook for crypto markets in the second half of 2025, driven by improving U.S. economic growth, corporate adoption, and significant regulatory progress. The report highlights the Atlanta Fed’s GDPNow tracker jumping to 3.8% QoQ and expectations of Federal Reserve rate cuts as key macro tailwinds for Bitcoin (BTC). Structurally, the market is bolstered by legislative advancements like the GENIUS Act for stablecoins and over 80 crypto ETF applications pending with the SEC. While Bitcoin appears poised to benefit, the broader market shows signs of short-term fatigue. Altcoins including Dogecoin (DOGE), Tron (TRX), Solana (SOL), and even Ether (ETH) are experiencing profit-taking after recent rallies. Analysts from SignalPlus and HashKey Group note that mainstream sentiment has improved, citing factors like Circle's successful IPO and softer inflation data, while Kraken's economist points to spot ETFs rapidly absorbing supply, reinforcing crypto's role as a macro hedge.

According to analyst @NFT5lut, the crypto industry's original cypherpunk ethos is at risk of dilution as companies increasingly engage with traditional political structures. Amid this sentiment, several key protocols announced significant trading-relevant updates. The Polygon Foundation is undergoing a major overhaul, with co-founder Sandeep Nailwal appointed CEO to focus on the AggLayer cross-chain protocol while retiring the zkEVM network, marking a significant strategic pivot for MATIC. In the Bitcoin (BTC) ecosystem, Bitcoin Core developers confirmed the upcoming version 30 release will increase the OP_RETURN data limit, potentially impacting data-embedding applications and network usage. The Ethereum Foundation also released a new treasury policy, capping annual operational expenses at 15% to ensure long-term stability. Furthermore, the Real-World Asset (RWA) sector advanced with Plume launching its Genesis mainnet. Current market data shows mixed signals, with Bitcoin (BTCUSDT) down approximately 1.1% and Ethereum (ETHUSDT) up around 0.36%.

According to @nic__carter, the tokenization of financial assets is entering a new growth phase beyond its initial success with stablecoins, which have proven product-market fit for payments and as trading pairs for assets like Bitcoin (BTC) and Ethereum (ETH). Carter identifies structured credit and private funds as the next major frontiers, arguing that tokenization offers significant improvements in transparency, efficiency, and liquidity for these complex assets. This view is supported by analysis from Standard Chartered, which states that future growth in non-stablecoin Real-World Assets (RWA) will come from tokenizing assets that gain clear on-chain advantages, such as reduced costs and faster settlement. Standard Chartered specifically highlights tokenized private credit, private equity, and liquid off-chain commodities as the next key growth areas. Both sources acknowledge that regulatory hurdles, particularly inconsistent Know Your Customer (KYC) rules, remain a significant barrier to mainstream adoption.

According to @lookonchain, Bitcoin (BTC) has pulled back slightly after touching $108,000, but bullish sentiment remains strong, supported by significant institutional adoption signals. A key development is the Federal Housing Finance Agency directing Fannie Mae and Freddie Mac to consider cryptocurrency holdings for mortgage applications, a move that could deeply integrate crypto into the U.S. housing market, as stated by director Bill Pulte. FxPro analyst Alex Kuptsikevich notes that the total crypto market cap has reached $3.31 trillion, nearing a key volatility threshold, while the Fear and Greed Index is at 74, just below "extreme greed." Trading data shows continued strength, with spot BTC ETFs marking 12 consecutive days of net inflows, adding $548 million recently, according to Farside Investors. Furthermore, Japanese firm Metaplanet has increased its holdings by purchasing another 1,234 BTC. On the technical front, the BTC/BCH pair on Binance is showing a potential golden cross formation, a long-term bullish indicator.

According to @StockMKTNewz, two significant market events are impacting traders. Firstly, Matt Mena, a crypto research strategist at 21Shares, stated that softer-than-expected U.S. inflation data has made a $200,000 Bitcoin (BTC) price by year-end "firmly in play." The U.S. Labor Department report showed the consumer price index (CPI) rose only 0.1% last month, strengthening the case for Federal Reserve policy easing, which is bullish for crypto assets. Mena noted that this macro tailwind, combined with institutional adoption and potential stablecoin regulation, could supercharge ETF inflows. Secondly, SharpLink Gaming (SBET), a Nasdaq-listed firm pursuing an Ethereum (ETH) treasury strategy, saw its stock plunge 70% in after-hours trading. The drop followed an SEC filing enabling the resale of nearly 58.7 million shares from a private investment round, as explained by BTCS CEO Charles Allen. Allen also speculated that SharpLink may have a surprise announcement of a large ETH purchase, which could potentially reignite the stock price.

According to @jessepollak, OP Labs' Head of Product Sam McIngvale predicts that every crypto exchange and fintech firm will operate its own Layer-2 blockchain within the next five years, citing the success of Coinbase's Base network built on the OP Stack. This trend, which is reportedly being explored by firms like Kraken, OKX, and Robinhood, suggests a potential surge in demand for L2 solutions like Optimism (OP). In other key developments, a proposal (EIP-7782) from Ethereum core developer Barnabé Monnot aims to halve ETH block times to six seconds, potentially doubling network throughput by 2026. Additionally, RippleX has released version 2.5.0 for the XRP Ledger, introducing new features like 'TokenEscrow' to enhance its DeFi and compliance capabilities. On the market side, investment firm Bernstein raised its price target for Coinbase (COIN) to $510, reinforcing a bullish outlook on key crypto infrastructure.

According to @timnitGebru, whose recent commentary focused on geopolitical issues, there was no direct statement on cryptocurrency markets. Independent of this, current market data reveals notable movements for Ethereum (ETH). The ETHUSDT pair is trading at approximately $2,462.30, marking a 0.949% increase in the last 24 hours, based on the provided data. Significantly, the ETHBTC pair shows strength with a 2.256% gain to 0.02312000 BTC, suggesting ETH is outperforming Bitcoin in the short term. Traders are watching the 24-hour high of $2,522.57 on the ETHUSDT pair as a key resistance level, with trading volume for the pair at 294.65 ETH.

According to @StockMKTNewz, Nasdaq-listed SharpLink Gaming (SBET) experienced extreme volatility after pivoting to an Ethereum (ETH) treasury strategy. The company's stock initially plunged 70% in after-hours trading following an SEC filing that enabled investors from a private placement to sell up to 58.7 million shares, as explained by BTCS CEO Charles Allen. Despite this sell-off pressure, SharpLink subsequently announced it had acquired 176,271 ETH for nearly $463 million, making it the largest publicly traded holder of Ethereum. The firm utilized $79 million from its at-the-market (ATM) stock facility to help fund the purchase. However, the news did not prevent a sharp decline, with SBET shares remaining down 66% in Friday trading, though still up approximately 500% since its crypto strategy was announced in May with backing from investors like ConsenSys, Galaxy, and Pantera Capital.

According to @rovercrc, multiple analysts see significant upside for Bitcoin (BTC) following softer-than-expected U.S. inflation data. Matt Mena of 21Shares stated that the favorable CPI report serves as a major bullish catalyst, putting a Bitcoin price target of $200,000 by year-end "firmly in play." Mena explained that a convincing breakout above the $105,000-$110,000 range could lead to a rapid move toward $120,000. Separately, Ryan Lee of Bitget Research projects BTC could reach $130,000–$160,000 by the end of the year, while also forecasting a long-term price of up to $5,500 for Ether (ETH). Adding to the bullish sentiment, Gadi Chait of Xapo Bank noted that strong institutional buying is contributing to faster V-shaped recoveries after price dips, signaling growing market liquidity and mainstream adoption.

According to @CryptoMichNL, Ethereum (ETH) is demonstrating significant resilience by trading above $2,540 amid market turbulence. Technical analysis suggests renewed momentum after ETH validated key support near $2,500, forming a double-bottom structure around $2,495–$2,510 on above-average volume. While U.S.-listed spot Ethereum ETFs experienced $2.1 million in net outflows on Friday, ending a 19-day streak according to Farside Investors, ETH open interest remains high at $35.36 billion as of June 16, per CoinGlass data, indicating strong institutional positioning. Further bolstering bullish sentiment, a report from Etherealize, titled "The Bull Case for ETH," argues that Ethereum is the essential settlement layer for the global digital economy, describing ETH as underpriced "digital oil" that should be a core institutional holding. For traders, a continued push could target the $2,575–$2,600 resistance level in the short term.

According to @BitMEXResearch, MicroStrategy (MSTR) is experiencing its lowest 10-day realized volatility since it began adding Bitcoin (BTC) to its balance sheet in 2020, as noted by Jeff Park of Bitwise Asset Management. This historic low in both realized and implied volatility may reduce MSTR's attractiveness as a high-beta BTC proxy for traders, potentially shifting capital to smaller, more volatile crypto-linked equities. In the broader market, options data indicates traders are hedging against potential summer downside for Bitcoin (BTC) and Ether (ETH). Singapore-based QCP Capital highlights that risk reversals show a clear preference for put options for June and September tenors, suggesting long holders are actively protecting their spot positions. This cautious stance is supported by BTC's recent break below its 50-day simple moving average, a bearish technical signal. However, market observer Cas Abbé presents a bullish counterpoint, suggesting strong on-balance volume could propel BTC to the $130,000-$135,000 range by the end of Q3.

According to @AltcoinGordon, historical market cycles suggest a potential altcoin season may follow Bitcoin's (BTC) recent rally, which was driven by institutional ETF inflows exceeding $16 billion year-to-date and optimism about central bank rate cuts. Gregory Mall of Lionsoul Global notes that while Bitcoin (BTC) has hit new highs, altcoins like Ethereum (ETH) and Solana (SOL) are still significantly below their peaks, with BTC dominance now over 54%. Historically, altcoin rallies have lagged BTC's all-time highs by two to six months. Signs of a potential rotation include ETH's recent 81% rally from its April lows and a resurgence in DeFi, with total value locked (TVL) surpassing $117 billion. Further supporting the market, Kevin Tam highlights growing institutional adoption, such as a major Canadian pension fund investing $55 million in spot Bitcoin ETFs and UK regulators approving retail access to crypto ETNs. In protocol news, Polygon (MATIC) is undergoing a major strategic revamp under co-founder Sandeep Nailwal, focusing on its AggLayer cross-chain protocol and retiring its zkEVM network.

According to @rovercrc, Bitcoin (BTC) has rallied to $108,600, driven by returning risk appetite and significant institutional developments. Gregory Mall of Lionsoul Global identifies key drivers for the BTC breakout, including optimism around future Federal Reserve rate cuts, consistent institutional inflows exceeding $16 billion year-to-date into spot Bitcoin ETFs, and easing political risks. Mall notes that Bitcoin dominance has surpassed 54%, and historical cycles suggest altcoin rallies, like those for Ethereum (ETH) and Solana (SOL), could follow BTC's new highs with a two to six-month lag. Supporting the institutional trend, Kevin Tam highlights that Canadian pension funds have invested $55 million in spot BTC ETFs, with overall ETF demand being three times higher than the newly minted supply. While Nansen research analyst Nicolai Søndergaard cautions that BTC still leads the market, Bitfinex analysts suggest recent sell-offs resemble past capitulation events that often mark local bottoms, contingent on BTC holding the $102,000-$103,000 support level.

According to @lookonchain, Ethereum (ETH) is exhibiting a significant divergence between large and small holders as it holds the $2,500 support level. Data from crypto analytics platform Santiment reveals that wallets holding between 1,000 and 100,000 ETH, known as 'whales and sharks', have accumulated a net total of 1.49 million ETH in the last 30 days. This accumulation increased their combined holdings by 3.72%, and they now control 26.98% of the total ETH supply. This buying activity contrasts with smaller, retail-driven wallets that have been taking profits. From a trading perspective, this strong accumulation provides a potential price floor. However, institutional demand has shown signs of slowing, as U.S. spot Ethereum ETFs recorded $2.2 million in net outflows, ending a 19-day inflow streak, according to data from Farside Investors. Traders are watching the $2,500 support level closely, as sustained buying from whales could counteract the recent pause in ETF inflows.

According to @lookonchain, large Ethereum holders are showing strong conviction despite market fluctuations. On-chain data from analytics platform Santiment reveals that wallets holding between 1,000 and 100,000 ETH, referred to as whales and sharks, have accumulated a net total of 1.49 million ETH over the past 30 days. This accumulation represents a 3.72% increase in their holdings, bringing their total control to 26.98% of the entire ETH supply, as per Santiment. This trend contrasts with smaller, retail-driven wallets that have been taking profits. While institutional demand via U.S. spot Ethereum ETFs showed a slight pause, with $2.2 million in net outflows ending a 19-day inflow streak according to Farside Investors, the persistent buying from large wallets is providing a significant support floor for ETH's price, helping it hold above the key $2,500 level.