Weekly Crypto Market Reports: June 23, 2025

In the crypto market report covering the week of June 23-30 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 23-30, 2025.

June 23 Weekly Crypto Market Report Overview

Last week, markets remained in search of direction amid cautious central bank messaging and weak macroeconomic data. PMI figures from the US and Europe highlighted regional divergences in economic activity, while Fed Chair Powell emphasized that although inflation is slowing, it is still too early for rate cuts. Notably, the drop in US consumer confidence and the unexpected contraction in Q1 GDP led to more cautious market pricing.

In the crypto space, institutional interest and regulatory developments took center stage. Texas’s move to establish a strategic Bitcoin reserve and the European Commission’s plans to prepare new stablecoin circulation guidelines signaled deeper integration of digital assets into the traditional financial system. Mastercard’s partnership with Chainlink, enabling crypto access for billions of users, also illustrated how fast this transition is accelerating.

Bitcoin, while showing signs of recovery, has yet to establish a clear direction. Starting the week around $107,560, BTC continues to trade below its descending trendline.

Looking ahead, market focus will turn to the US employment report, Eurozone inflation, and further remarks from Powell. Thursday’s non-farm payrolls and unemployment rate data could shape global risk appetite. The ISM services PMI, also due that day, will offer additional insight into the sustainability of economic expansion. These developments are likely to bring increased volatility to crypto markets.

Those who want to get more comprehensive information about the week covering June 23-30 can review Weekly Crypto Market Reports: June 23-30, 2025.

Risk Disclosure
Cryptocurrency assets have higher volatility compared to traditional financial instruments and involve various unique risks. There is no guarantee or commitment regarding the prices at which transactions will be executed. Therefore, before deciding to trade on ICRYPEX, you must fully understand, assess, and consider all potential risks you may encounter. The opinions, news, research, analyses, prices, or other information provided on ICRYPEX's official website, trading application, or social media platforms are general market commentary and do not constitute investment advice. ICRYPEX is not responsible for any losses incurred as a result of investments made based on such information.

BofA: Stablecoin Supply Could Surge to $75 Billion After GENIUS Act - BlackRock's Ethereum ETF Becomes 3rd Fastest to Achieve $10B AUM Target
BofA: Stablecoin Supply Could Surge by $75 Billion Following GENIUS Act Bank of America (BofA) predicts that the GENIUS Act, signed by US President Donald Trump last week, will spark significant growth in the stablecoin market. According to the bank, stablecoin supply could increase by between $25 billion and $75 billion in the short term. This increase is expected to be driven by regulatory clarity,...
White House Crypto Report Coming on July 30 - FTX to Pay $1.9 Billion in September
White House Crypto Report Coming July 30 The White House crypto report, prepared under Trump’s 180-day mandate, will be released on July 30 and may include a strategic Bitcoin reserve plan. According to Eleanor Terrett, the report may also include recommendations for a national digital asset stockpile, national security measures, and expanding banking access to crypto firms. The study, launched under...
Senate Releases Crypto Market Restructuring Draft and Seeks Feedback - JPMorgan Chase Considers Plans to Provide Crypto-Collateralized Lending to Customers
Senate Releases Crypto Market Restructuring Draft and Seeks Feedback The U.S. Senate continues its efforts to draft new regulations for the crypto market and has released a 35-page market restructuring draft. This draft provides clearer definitions for digital assets and outlines how these assets could be exempted from existing regulations. Specifically, the draft refines the definition of digital...
What Is Kusama (KSM)?
As blockchain technology continues to evolve, the demand for scalable, interoperable, and experimental networks has grown substantially. One project that stands out in this landscape is Kusama (KSM), a public pre-production environment for Polkadot, designed to allow developers to test and refine their decentralized applications (dApps) and blockchain protocols in a real-world environment with lower...
What Is UMA Coin?
The decentralized finance (DeFi) ecosystem continues to evolve and expand with the capabilities offered by blockchain technology. One of the prominent projects within this space is UMA (Universal Market Access), an innovative protocol designed to enable universal access to financial contracts. UMA’s native token, UMA Coin, plays a vital role in both governance and network security. In this article,...


Create an account

Now create an account where you can use your knowledge.