The crypto market has started the week in positive territory, with Bitcoin (BTC) and other cryptocurrencies registering notable gains. BTC traded relatively flat over the weekend, hovering around $107,000. Price action picked up late on Sunday/early Monday as the flagship cryptocurrency crossed $108,000. Market watchers and analysts have predicted BTC could cross $110,000 during the week. Meanwhile, Ethereum (ETH) has reclaimed the $2,500 mark, registering an increase of over 3% and moving to $2,502. Ripple (XRP) is marginally up, trading around $2.19, while Solana (SOL) has reclaimed $150 and is up nearly 2% over the past 24 hours. Dogecoin (DOGE) is up almost 3%, trading around $0.167, while Cardano (ADA) is up nearly 1%. Chainlink (LINK) , Stellar (XLM) , Toncoin (TON) , Litecoin (LTC) , Hedera (HBAR) , and Polkadot (DOT) also registered notable increases. Coinbase In TIME’s Most Influential Companies Crypto exchange Coinbase has made TIME’s 100 Most Influential Companies in 2025 list as a “disruptor” after coming into the limelight as the crypto industry’s leading policy advocates. The company’s stock is up 42% year-to-date, experiencing a substantial rally after the Senate passed the GENIUS Act on June 17. Coinbase soared from $303 per share to a local high of $382. TIME Magazine stated about Coinbase, “The company, which in May became the first crypto stock to be added to the bellwether S&P 500 index, is a key driver of the industry’s policy efforts in Washington D.C. If industry-friendly bills are passed, Coinbase stands to become an even bigger hub for US crypto activity.” Coinbase has established itself as the largest US-based crypto exchange and is often viewed as a proxy for the health of the US crypto industry. Increased investor interest in Coinbase could herald a bull market for digital assets over the next few months. Coinbase is also seeking approval from the United States Securities and Exchange Commission (SEC) to offer tokenized equities on its platform. If the platform secures SEC approval, it could directly compete with Robinhood, WeBull, and other brokerage platforms that offer mixed asset trading services. Saylor Hints At Another Bitcoin Buy Strategy co-founder and executive chairman Michael Saylor has hinted at another Bitcoin purchase in a Sunday social media post. The purchase would mark the 11th consecutive week Strategy has accumulated BTC. According to data from SaylorTracker, Strategy currently holds 592,345 BTC, valued at over $63 billion. The company is up over 52% on its initial investment in the asset. This translates into nearly $22 billion in unrealized gains for the company, which is also the largest corporate holder of the asset. Strategy has become a proxy for BTC and is at the vanguard of the corporate adoption of the asset. South Korean Stocks Surge As President Backs Won-Based Tokens South Korean equities have jumped after President Lee Jae-Myung promised to back crypto assets backed by the won. As a result, retail interest in crypto firms has surged, with the benchmark Kospi composite Index rising nearly 30% this year. According to reports, stocks associated with the Bank of Korea’s digital currency initiatives experienced substantial price fluctuations. LG CNS stocks rose by 70% in June before pulling back thanks to profit-taking, and Kakao Pay shares more than doubled. Kosdaq-listed companies have seen significant price movement based on stablecoin connections. Fintech security firm Anton registered an 80% increase, while mobile game developer ME2ON stock tripled after its subsidiary launched a dollar-pegged stablecoin for casino applications. Retail interest is also driving outstanding margin loans of Won20.5 trillion ($15 billion), according to data from the Korea Financial Investment Association. Bullish sentiment and expectations intensified following the appointment of Kim Yong-beom, a staunch advocate of digital tokens, as President Lee's chief policy adviser. Binance Ties To Kenyan Crypto Board Raises Concerns Crypto startups have flagged concerns about Kenya’s proposed virtual asset service provider (VASP) bill, warning it could give an unfair advantage to a lobby group linked with Binance. The companies believe this could undermine competition in the country’s fledgling digital asset industry. According to sources, a private think tank, the Virtual Asset Chamber of Commerce (VAC), will be included on the regulatory board established under the draft law. However, stakeholders have argued that VAC has run Binance-sponsored regulatory talks, acting as a proxy for the exchange. “All regulation convos by VAC that happened recently have been sponsored by Binance. Then VAC, a private consulting entity with a non-compete with Binance ‘magically’ gets a regulatory seat? How is this fair? How is this constitutional?” Bitcoin (BTC) Price Analysis Bitcoin's (BTC) price action picked up after a quiet weekend, pushing above $108,000 as the flagship cryptocurrency eyes a weekly close above $109,000-$110,000. BTC has been consolidating in a narrow range at around $107,000, with price action subdued since Thursday, when it registered a marginal decline. BTC registered marginal increases on Friday and Saturday before rising nearly 1% on Sunday to end the weekend above $108,000. The price is marginally down during the ongoing session, trading around $108,200. Although price action has been muted, cues from derivatives and on-chain markets indicate volatility could return. Investors are keeping an eye out for shifts in central bank rhetoric, which could impact risk appetite across crypto and traditional markets. Markets are entering a high-stakes week, with several global macro events lined up, including the European Central Bank’s annual policy forum in Sintra and Federal Reserve Chair Jerome Powell’s Tuesday appearance. One analyst noted that Bitcoin whales are moving large volumes to centralized exchanges. According to the analyst, such a pattern, along with declining exchange reserves and weakening stablecoin inflows, precedes high volatility. “Whales are aggressively moving large volumes onto centralized exchanges. As long as Bitcoin holds $108,000, the base scenario is upward movement with targets at $112,000.” BTC bulls are trying to take advantage and extend gains beyond $110,000. According to Rekt Capital, if BTC closes above $110,000, it could lead to the beginning of an uptrend that could push the price to a new all-time high. However, liquidity typically remains on the lower side over the weekend, and a breakout should be viewed cautiously, and selling pressure could increase on Monday. Popular trader BitBull stated in a post on X, “Another signal which shows that bulls are in control. Right now, we are in a low liquidity weekend, so don't expect big movements. Once the market opens tomorrow, I'm sure the volatility will kick in, and it'll most likely be to the upside.” Analyst Rekt Capital also discussed a key price point ahead of the new week, arguing that BTC was on the verge of making history by achieving its highest weekly close. Can Bitcoin Weekly Close above the final major Weekly Resistance? Bitcoin has never performed such a Weekly Close. Therefore, in doing so, that would not only be historic, but it would enable Bitcoin to enjoy a new uptrend into new all-time highs.” BTC started the previous weekend in the red, dropping 1.18% on Friday, slipping below the 50-day SMA, and settling at $103,388. Sellers retained control on Saturday as the price fell 1.17% to $102,180 but not before dropping to an intraday low of $100,979. BTC plunged below $100,000 on Sunday, falling to an intraday low of $98,385 as market sentiment worsened. It recovered from this level to reclaim $100,000 and settle at $100,985. BTC started the previous week on a bullish note as market sentiment improved, rising over 4% to reclaim $105,000 and settle at $105,443. The price continued pushing higher on Tuesday, rising 0.66% to cross the moving averages and $106,000 to settle at $106,138. Source: TradingView BTC registered an increase of 1.18% on Wednesday to cross $107,000 and settle at $107,393. The price lost momentum on Thursday, falling 0.39%, but recovered on Friday, registering a marginal increase and settling at $107,129. BTC remained positive over the weekend, rising 0.20% on Saturday and nearly 1% on Sunday to cross $108,000 and settle at $108,350. The current session sees BTC down 0.61% as buyers and sellers struggle to establish control. Buyers will attempt to regain control and push the price above $110,000. Ethereum (ETH) Price Analysis Ethereum (ETH) has started the week in the red, losing momentum after briefly crossing $2,500. The world’s second-largest cryptocurrency traded in positive territory over the weekend, rising 0.35% on Friday and 0.58% on Saturday to settle at $2,437. Buyers retained control on Sunday as ETH rose nearly 3% to settle at $2,500 before losing momentum during the ongoing session and dropping to its current level of $2,467. ETH spent last week consolidating around $2,400 as traders increased their Ethereum ETF exposure. Ethereum ETF inflows grew $283 million last week, a substantial increase from $40 million a week prior, and have registered inflows for seven consecutive weeks. Rising inflows indicate growing investor interest and the expectation of a substantial bounce in the near term. However, the price faces several challenges that could impact value. On-chain data has shown a steady increase in the supply of ETH on centralized exchanges, an indication of selling by investors. Additionally, ETH held by whales has dropped from the year-to-date high of 103.9 million to 100.48 million, suggesting that prices may fall. ETH registered a sharp drop last Friday, falling nearly 5%, slipping below $2,500 and the 50-day SMA and settling at $2,406. Sellers retained control on Saturday as the price dropped 4.56%, falling to a low of $2,222 before settling at $2,296. ETH plunged to an intraday low of $2,119 on Sunday as selling pressure intensified. It rebounded from this level to reclaim $2,200 and settle at $2,229, ultimately registering a drop of almost 3%. Monday saw ETH rebound, rising over 8% to reclaim $2,400 and settle at $2,413. Buyers retained control on Tuesday, rising 1.51% to $2,450. Source: TradingView However, the price lost momentum on Wednesday, falling 1.25% to $2,419. ETH raced to an intraday high of $2,532 on Thursday as buyers attempted to overwhelm sellers. However, it lost momentum after reaching this level and fell to $2,415, ultimately registering a marginal decline. The price recovered on Friday, registering a marginal increase and moving to $2,423. ETH remained positive over the weekend, rising 0.58% on Saturday and nearly 3% on Sunday to settle at $2,500. However, it has lost momentum during the ongoing session and is down almost 1%, trading around $2,475. Solana (SOL) Price Analysis Solana (SOL) is down nearly 2%, starting the week in the red after registering a substantial increase over the weekend. SOL is struggling to stay above $150, losing momentum after reaching an intraday high of $154 on Sunday. However, market developments could see bullish sentiment return, with ETF provider REX shares set to launch the first-ever Solana staking ETF after a successful response to feedback from the Securities and Exchange Commission (SEC). ETF analyst Eric Balchunas stated, “Rex also filed an updated prospectus, which was filled in. Add it all up, and it appears as though all systems go for imminent launch.” According to ETF Store President Nate Geraci, the SEC is open to REX Shares e-corp business structure in the fund. Like BTC and ETH, Solana (SOL) started the previous weekend in the red, dropping nearly 5% on Friday and settling at $140. Sellers retained control on Saturday as SOL fell 3.30%, slipping below $140 and settling at $135, but not before dropping to an intraday low of $131. Selling pressure intensified on Sunday as the price fell to an intraday low of $126 before recovering to reclaim $130 and settle at $131. SOL surged on Monday as markets bounced back, rising nearly 10% to reclaim $140 and settle at $144. Buyers retained control on Tuesday as the price rose almost 1% to $145. Price action turned bearish on Wednesday as SOL fell 1.62% and settled at $143. Source: TradingView SOL raced to an intraday high of $147 on Thursday as buyers attempted a move past $150. However, it lost momentum after reaching this level, falling over 3%, slipping below $140 and settling at $139. The price recovered on Friday, rising 2.21% to reclaim $140 and settle at $142. Bullish sentiment intensified on Saturday as SOL surged over 6%, crossing the 20-day SMA and settling at $150. Buyers retained control on Sunday as SOL rose nearly 2% and settled at $153. However, SOL is back in the red during the ongoing session, with the price down almost 2%, trading around $150. Polkadot (DOT) Price Analysis Polkadot (DOT) struggled to build momentum and push towards $4, with the 20-day SMA acting as a dynamic resistance level. DOT made a strong recovery over the weekend but lost momentum during the ongoing session and is down nearly 2%. The price registered a drop of over 3% on Friday (June 20) and settled at $3.44. Sellers retained control on Saturday as DOT fell over 4% to $3.30. Selling pressure intensified on Sunday as the price plunged to an intraday low of $3.02 before rebounding to settle at $3.55, ultimately registering a decline of 4.55%. DOT recovered on Monday, rising nearly 9% and settling at $3.42. Despite positive sentiment, the price registered only a marginal increase on Tuesday and settled at $3.44. Source: TradingView Bearish sentiment returned Wednesday as DOT fell over 2% to $3.36. Sellers retained control on Thursday as the price fell 2.05%, slipping below $3.30 and settling at $3.29. Despite the bearish sentiment, DOT recovered on Friday, rising nearly 2% and settling at $3.35. Buyers retained control over the weekend as the price rose 1.79% on Saturday and almost 4% on Sunday to cross $3.50 and settle at $3.53. However, DOT is back in the red during the ongoing session, down over 2%, trading around $3.45. Bittensor (TAO) Price Analysis Bittensor (TAO) briefly crossed $360 last week before losing momentum and plunging to a low of $315. The price recovered over the weekend but is back in the red after failing to cross the 20-day SMA. TAO fell over 3% on Friday (June 20) and settled at $341. Selling pressure intensified on Saturday as the price fell over 7% to $316, but not before dropping to an intraday low of $302. TAO plunged to an intraday low of $288 on Sunday before recovering to reclaim $300 and settle at $304, ultimately registering a drop of $304. Bullish sentiment returned on Monday as the price surged over 15% to reclaim $350 and settle at $351. TAO raced to an intraday high of $364 on Tuesday. However, it lost momentum after reaching this level, falling 1.60%, slipping below $350, and settling at $345. Source: TradingView Bearish sentiment intensified on Wednesday as TAO fell 6.46% and settled at $323. Buyers attempted an unsuccessful recovery on Thursday as the price lost momentum after reaching an intraday high of $333, ultimately settling at $3.15. Buyers returned to the market on Friday as TAO rose over 2% and moved to $326. The price continued rising on Saturday and settled at $329 after an increase of 1.08%. Bullish sentiment intensified on Sunday as TAO rose over 5% and settled at $346. However, selling pressure has returned during the ongoing session, with the price down over 3%, trading around $335. Injective (INJ) Price Analysis Injective (INJ) registered significant selling pressure the previous weekend, falling over 4% on Friday and nearly 8% on Saturday to settle at $10.10. The price plunged to an intraday low of $8.98 on Sunday as market sentiment worsened. However, it recovered to settle at $7.72, ultimately registering a drop of almost 4%. Bullish sentiment returned on Monday as INJ rallied, rising 12% to reclaim $10 and settle at $10.89. Buyers retained control on Tuesday as the price registered an increase of 6.31% and settled at $11.58. Source: TradingView Price action turned bearish on Wednesday as INJ fell over 4% and settled at $11.07. INJ raced to an intraday high of $11.57 on Thursday. However, it lost momentum after reaching this level and fell nearly 4% to $10.64. Sellers retained control on Friday as the price fell 1.01% to $10.53. Buyers returned to the market on Saturday as INJ rose over 4% and settled at $10.99. The price continued to push higher on Sunday, increasing 4.13% to reclaim $11 and settling at $11.44. However, the current session sees sellers back in control, with the price down 4.51%, trading around $10.92. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
