This week has been a rollercoaster in the world of digital currencies, with geopolitical tensions shaking Bitcoin, massive investments flooding into Ethereum, and whispers of retail giants like Amazon and Walmart launching their own stablecoins. From market swings to game-changing developments, here’s everything you need to know to stay ahead in the fast-paced crypto landscape.
Mudrex Crypto Market Recap | June 10, 2025 – June 16, 2025
Mudrex Crypto Market Recap | June 10, 2025 – June 16, 2025
This past week, geopolitical events sent ripples through the crypto market. Following Israel’s bombing of military sites in Iran, Bitcoin took a hit, dropping over 4% in a single day from approximately $108,500 to $103,556. However, the king of crypto has shown resilience, climbing back to $107,045 as of now.
Historically, major world events like wars or conflicts trigger short-term panic selling in crypto markets. Experts note these dips are often temporary, with prices recovering quickly if tensions ease. Bitcoin’s recent rebound suggests this pattern is holding true.
Mudrex Crypto Market Recap | June 10, 2025 – June 16, 2025
Ethereum is stealing the spotlight with a massive influx of capital. Over $530 million poured into Ethereum Exchange-Traded Funds (ETFs) this week—five times the usual amount! Heavyweights like BlackRock led the charge, signaling growing institutional confidence in Ethereum’s future.
ETH staking has also reached an all-time high, as investors increasingly view Ethereum not just as a cryptocurrency but as a yield-generating asset. Speculation about a potential staked ETH ETF approval is fueling excitement, which could further boost ETH prices and lift altcoins within Ethereum’s ecosystem.
Amazon and Walmart Eye Stablecoins
Mudrex Crypto Market Recap | June 10, 2025 – June 16, 2025
In a game-changing development, retail giants Amazon and Walmart are reportedly exploring the launch of their own US Dollar-pegged stablecoins. These digital currencies could streamline payments, reduce transaction fees, and make shopping faster for millions of customers.
The proposed Genius Act in the US could pave the way for companies to legally issue and use stablecoins. If passed, this legislation might normalize crypto payments, making them as seamless as UPI transactions for everyday shoppers. Imagine paying for your Amazon order with a stablecoin—crypto could soon be mainstream!
What’s Next? Federal Reserve Meeting Looms
The crypto world is bracing for the U.S. Federal Reserve’s meeting on Tuesday, June 18. While interest rates are expected to remain unchanged, all eyes will be on Fed Chair Jerome Powell’s remarks. Traders and investors should watch for any hints about future rate changes.
If Powell signals potential rate cuts later this year, it could spark optimism and drive crypto prices higher. However, a cautious tone might lead to temporary market stagnation. Either way, expect volatility as the market reacts to the news.
Stay tuned for an exciting week in crypto, and keep your portfolio ready for action!
Siri is a writer venturing into the exciting realms of blockchain technology, cryptocurrency, and decentralized finance (DeFi), eager to explore the transformative potential of these innovations. She brings a unique perspective that bridges traditional industries and cutting-edge technology, often infused with a touch of humor through memes. She has a rich background in real estate and interior design, having previously contributed to NoBroker, where she crafted blogs and assets on these topics.
