Jun 27, 2025
Rootstone’s Market Overview
This week, the crypto market showed significant strength, with $Bitcoin rising 6% from $101,352 on June 23 to $107,568.28.
The rally was likely driven by the Israel-Iran ceasefire announced on June 23, easing geopolitical tensions, and positive regulatory developments like the U.S. Senate’s GENIUS Act and SEC’s staking clarity.
Institutional moves, such as Circle's $USDC hitting $61 billion and Coinbase's EU MiCA license, boosted confidence.
Despite some bearish bets, the market remained resilient, with $ETH up 8.8% to $2,448.98, reflecting optimism amid favorable conditions.
