In the crypto market report covering the week of June 16-23 prepared by the ICRYPEX Research team, we have compiled current developments regarding crypto assets, price movements of crypto assets and macroeconomics.
You can take a look at the general flow of this report immediately below and reach all the developments that took place in the 7-day period from Weekly Crypto Market Reports: June 16-23 , 2025.
June 16 Weekly Crypto Market Report Overview
Last week, one of the most significant developments shaping global markets was the Federal Reserve’s (Fed) interest rate decision and economic projections. The Fed kept the policy rate steady at 4.50%, while maintaining expectations for two rate cuts later in the year. This stance was perceived by markets as cautious yet hawkish. The Bank of Japan held its interest rates steady in line with expectations, while the Swiss National Bank surprised markets by cutting rates to zero. Inflation data released from the UK and the Eurozone remained elevated, indicating persistent price pressures. In the US, declines in May retail sales and negative readings from the Philadelphia Fed manufacturing index heightened concerns over a slowdown in economic activity.
In the crypto markets, notable activity was observed. Trump Media’s approval to sell $2.3 billion worth of shares and convertible bonds attracted attention, while SharpLink Gaming significantly increased its Ethereum holdings. Tron’s initiation of an IPO process in the US and the approval of a spot XRP ETF in Canada were seen as important regulatory and investment environment milestones. Additionally, the US Senate passed the GENIUS Act aimed at regulating stablecoin issuers, marking a step forward in strengthening the regulatory framework for digital assets.
On the Bitcoin front, sharp price movements triggered by geopolitical risks were observed. Bitcoin is currently fluctuating around the $101,830 level. Earlier in the week, following a break below the rising trend line, BTC experienced a swift pullback to around $98,200. The new week has started with attempts at recovery.
Looking ahead, numerous critical data releases and events will capture investor attention across global markets. PMI data from the Eurozone, UK, and the US will shed light on the current state of economic activity. Japan’s core CPI figures and the US consumer confidence index will be important for market sentiment. Fed Chair Powell’s speeches throughout the week will be closely watched for insights into interest rate policy and economic outlook. Upcoming US GDP growth and core personal consumption expenditures (Core PCE) data could provide key signals about future inflation and growth trends. Crude oil inventories, critical for energy markets, will influence supply-demand dynamics. Meanwhile, the outcomes of the European Leaders Summit will impact regional and global economic policies.
Overall, geopolitical tensions and macroeconomic data are expected to continue driving volatility in the crypto market in the week ahead.
Those who want to get more comprehensive information about the week covering June 16-23 can review Weekly Crypto Market Reports: June 16-23, 2025.
