Daily Market Report — June 20, 2025
Bitcoin (BTC) price rose slightly by 0.07% in the past 24 hours, reaching $104,791.18 after trading between $103,929.27 and $105,220.01. Ethereum (ETH) also posted a modest 0.29% gain to $2,525.57. Futures liquidations totaled $112.57 billion, while the Fear & Greed Index held at 48, reflecting steady yet cautious market sentiment. Long/short ratios remained balanced across both BTC and ETH, with longs just slightly in the lead.
Top altcoin gainers included SEI, up 11.25%, followed by TERRA, gaining 9.35%, and IP rising 8.87%, as selective altcoins continued to outperform amid muted large-cap movements.
In U.S. policy updates, Arizona’s Bitcoin reserve bill HB 2324 passed the state Senate, signaling continued momentum in local-level pro-BTC legislation. Meanwhile, Semler Scientific unveiled plans to hold over 10,000 BTC by the end of 2025, with a goal of reaching 105,000 coins by 2027.
On the institutional front, Renzo and Concrete partnered to launch restaking vaults on Eigenlayer, highlighting the growing adoption of modular infrastructure. Data from Arkham also revealed that BlackRock acquired over $750 million worth of ETH in June, while listed companies now hold more than 768,500 BTC in reserves, valued over $82 billion.
Elsewhere, Bitget secured a regulatory license in Georgia to expand compliance efforts in Eastern Europe. On the capital markets side, Sol Strategies filed for a Nasdaq listing under the ticker “STKE,” continuing the trend of crypto-native firms seeking traditional equity exposure.
Owen
