Bitcoin Maintains Stability Despite Regional Conflicts – Market Info

Since the beginning of this month, the cryptocurrency market has seen only a slight increase. The total market capitalisation has increased by around 2.5% and currently stands at €2.84 trillion. Bitcoin’s market share has strengthened slightly, and Bitcoin’s dominance has reached just under 65%.

Investor sentiment is still cautious. The Fear and Greed Index is at 57 points, indicating neutral sentiment after a previous period of optimism.

Source: Coinmarketcap

Bitcoin maintains stability despite regional conflicts

In recent days, the world has once again found itself overshadowed by regional conflicts, particularly due to rising tensions between Israel and Iran. While traditional markets responded with declines, Bitcoin once again demonstrated its resilience. After a brief sell-off triggered by investor concerns, its price quickly rebounded, reaffirming its position as a digital asset increasingly perceived by investors as a safe haven.

Data shows that such price fluctuations during armed conflicts are no longer uncommon. In the past, we observed similar behavior during the war in Ukraine, attacks in the Gaza Strip, and heightened military activity in the Persian Gulf region. While Bitcoin typically reacts to the initial shock with a drop, it is often followed by a swift recovery—and in many cases, growth beyond previous levels.

There are several explanations for this phenomenon. One is the growing presence of institutional investors in the market. These players tend to be less impulsive and more strategic in their actions—the recent purchase of 10,001 BTC by Strategy is a clear example. Such large acquisitions act as a stabilizing force, helping to offset the volatility caused by retail sell-offs.

Moreover, the broader macroeconomic context should not be overlooked. Conflicts often lead to increased government spending, looser monetary policy, and rising energy and commodity prices. In such an environment, Bitcoin naturally takes on the role of a store of value, benefiting from growing inflation expectations. This is one reason why its price does not fall as sharply as one might expect—in fact, many investors begin to view it as a digital alternative to gold.

From a technical perspective, it’s important to note that Bitcoin’s price remains above the 50-day moving average—an indicator often seen by traders as a key support level. Currently, the price is fluctuating in the $104,000–$106,000 range, despite heightened geopolitical risk. This fact alone is a strong signal of investor confidence and market stability.

In conclusion, Bitcoin has once again confirmed its ability to function as an asset capable of weathering complex global situations. While its behavior in times of crisis isn’t always predictable, history suggests that each such episode can also be an opportunity—especially for those who can keep a cool head and think long-term. Source

GENIUS Act – landmark stablecoin legislation in the U.S.

Just a few days ago, the U.S. Senate officially passed a groundbreaking bill called the GENIUS Act, which establishes the first comprehensive legal framework for U.S. dollar-backed stablecoins. The new rules mandate that each stablecoin must be fully backed by reserves at a 1:1 ratio—primarily in cash or short-term government bonds. Stablecoin issuers will also be required to disclose the composition of their reserves on a monthly basis and must obtain a license from regulatory authorities.

The law immediately sparked reactions across the markets. Shares of Circle, the issuer of USD Coin (USDC), surged, as did shares of Coinbase, which earns revenue from USDC reserve yields. On the other hand, Visa and Mastercard saw negative impacts, since stablecoins compete with and bypass traditional payment networks.

The bill is considered a major milestone—paving the way for mass adoption of stablecoins in mainstream business and financial institutions. According to estimates, the stablecoin market could grow to as much as $1.6 trillion by 2030. However, regulators also warn of certain risks—particularly the concentration of funds in short-term bonds and potential impacts on interest rates.

The bill now heads to the House of Representatives. If signed into law by President Trump, it would mark a historic shift in the U.S. approach to cryptocurrencies—especially toward their stable and practical form represented by stablecoins. Source

JP Morgan launches its own crypto project

JPMorgan Chase, the largest bank in the U.S., is making a strong move into the world of digital assets with the introduction of a new deposit token called JPMD. This token will serve as a digital representation of traditional bank deposits. It will be deployed on Coinbase’s public Ethereum Layer 2 solution, Base, enabling institutional clients to perform 24/7 blockchain-based transactions, including cross-border payments. Uniquely, it will also offer interest-bearing functionality—unlike most stablecoins, which typically do not accrue interest.

JPMorgan emphasizes that JPMD is designed as a permissioned token, meaning only approved bank clients will be able to use it, keeping usage within traditional regulatory frameworks. This marks a major milestone—until now, the bank had only launched such products on private networks (such as its own JPM Coin), but it’s now moving to a public blockchain while maintaining the same level of security and liquidity.

This product raises a number of questions and opportunities: JPMD aims to bring greater flexibility between on-chain and off-chain deposits, while also paving the way for broader institutional involvement in DeFi and smart contract-based payment models. Developers at Kinexys report early interest from major financial players, suggesting that JPMD may be seen as a legitimate alternative to stablecoins like USDT or USDC.

It’s becoming clear that the banking sector is gradually embracing blockchain as a standard, and with this bold step, JPMorgan is setting a new benchmark for digital deposits. Deploying the token on a public platform like Base also bridges traditional financial flows with the emerging landscape of digital assets, potentially triggering a wave of similar initiatives from other institutions. Source

SEC acknowledges spot Bitcoin ETF filing from Trump Media

In mid-June 2025, the U.S. Securities and Exchange Commission (SEC) took a significant step forward by formally acknowledging the spot Bitcoin ETF filing submitted by Trump Media & Technology Group—the parent company of the Truth Social platform. The proposed fund, which would trade on NYSE Arca and be based on the CF Benchmarks index, has not yet been approved. However, this acknowledgement signals that the SEC is officially beginning the review process. Foris DAX Trust Company LLC has been named as the proposed custodian for the ETF’s underlying assets.

This move is notable for several reasons. Following last year’s approval of spot Bitcoin ETFs from major investment firms such as Grayscale, BlackRock, Fidelity, and Franklin Templeton, the SEC has shown clear support for transparent and regulated ways to invest in Bitcoin. What’s different this time is that the application didn’t come from a traditional financial institution—it came from a commercial media company with political ties.

At least for now, the process indicates that the SEC is staying consistent with its strategy of regulatory transparency—selectively approving products that comply with regulations and handling them cautiously and by the book. The inclusion of a filing from Trump Media also adds a political dimension to the debate—a trend that could influence future regulatory attitudes in the U.S., especially as pressure mounts to recognize Bitcoin ETFs as legitimate investment vehicles. Source

Fed holds interest rates steady again – Awaiting impact of Trump tariffs

At its June meeting, the U.S. Federal Reserve (Fed) decided to keep its benchmark interest rate unchanged at 4.25–4.50%, emphasizing that any further moves will depend on data reflecting the impact of newly introduced import tariffs. The Fed is signaling a secondary scenario that includes up to two rate cuts by the end of 2025, but it also warns that inflation could accelerate in the coming months as higher tariff costs push up prices of goods.

Fed Chair Jerome Powell explained that the current stance is cautious and based on the expectation of rising inflation—not due to an overheated economy, but because of the expected pass-through of additional costs to consumers. Still, the central bank doesn’t yet see signs of a sharp economic slowdown—the labor market remains strong, with unemployment around 4.2%, and inflation is nearing the Fed’s 2% target (recorded at 2.4% in May).

The Fed also noted that the impact of tariffs now needs to be factored into every policy decision—hence, it plans to wait for more data on how these tariffs affect real-world prices. While two rate cuts remain on the table for 2025, the stance of seven out of the 19 members of the Federal Open Market Committee (FOMC) suggests that some currently see no need to ease monetary policy unless inflation falls to the 2% target.

Amid these developments, Donald Trump has repeatedly criticized Fed Chair Powell, calling him “stupid” and demanding immediate rate cuts. The Fed, however, has rejected these calls, underscoring its independence and its responsibility for price stability—not political influence. Source

Ethereum hits new record

In mid-June, Ethereum reached a major milestone. More than 35 million ETH—worth approximately $89 billion—is now locked in Ethereum staking. This represents nearly 29% of the total circulating supply of the cryptocurrency. Staking is becoming an increasingly important part of the ecosystem and signals strong user interest in long-term participation in securing the network and earning rewards.

In addition to the record staking levels, on-chain data also shows growing interest from large investors. Wallets holding between 1,000 and 10,000 ETH have been accumulating over 800,000 ETH per day on average in recent days. June 12 marked the strongest accumulation day of the year so far, with whales purchasing as much as 871,000 ETH. This behavior suggests that many market players are positioning themselves for a potential price surge, similar to what was seen in 2017 or 2020.

Staking is also being supported by a more favorable regulatory environment, especially in the U.S. The Securities and Exchange Commission (SEC) has indicated that certain staking mechanisms might not be classified as securities. This development could pave the way for new financial products such as staking ETFs, allowing investors to participate in staking indirectly.

The largest staking providers currently are Lido (with 25% of all staked ETH), Coinbase (7.5%), and Binance (7.4%). The overall concentration of ETH within these platforms also reflects the degree of trust users place in centralized solutions—even as decentralized alternatives continue to gain traction.

In terms of price, ETH has been hovering around $2,534 in recent days, marking a roughly 2% decline over the past 24 hours. Despite this, monthly performance remains positive at approximately +6.5%, with many analysts watching technical indicators closely. One of these is the potential formation of a so-called “golden cross,” where the 50-day moving average crosses above the 200-day moving average—a historically bullish signal.

While Ethereum continues to face price volatility, its fundamentals remain strong—whether in staking participation, investor confidence, or regulatory momentum. Source

Invest with Fumbi today

Harness the potential of cryptocurrencies simply, securely and efficiently. Start investing with Fumbi with amounts starting from €50. The Fumbi Algorithm in the Fumbi Index Portfolio tracks price movements in the cryptocurrency market for you. If you want to build your own crypto portfolios, choose the Advanced Portfolios product, where you will have access to over 110 cryptocurrencies and templates created by our team that focus on different areas within the crypto universe.

Have you come across a term in the text that you don’t understand? Never mind, you can find all the important terms related to cryptocurrencies in one place in our new Fumbi Dictionary.