Market Round Up: June 30, 2025

Rootstone's Market Round Up

╰ President Trump announced a ceasefire between Israel and Iran on June 23.

╰ A new agreement on rare earth shipments, signed June 26-27, positively impacted market sentiment, easing trade tensions.

╰ The Monetary Authority of Singapore ordered offshore crypto exchanges to shut down unless they secure a tough new license by June 30. Firms like Bybit and Bitget are evaluating relocations to Dubai/Hong Kong.

╰ Bitcoin rallied past $108,000 on June 29 and is approaching a historic weekly close near $109K, driven by waning global tensions and steady institutional inflows.