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Highlights
- Bitcoin's price surged past $105,000 to $106,000 amid rising geopolitical tensions.
- Over 70 ETF applications are under review with the US Securities and Exchange Commission.
- SEI price rose 70% this week, potentially heading to $1.
- Pengu price may see a 20% rally next week due to Cboe ETF filing hype.
The cryptocurrency market in June 2025 is experiencing significant growth, with Bitcoin and other major cryptocurrencies showing strong price movements. Institutional adoption and technological advancements, such as stablecoins, are key drivers; however, regulatory uncertainties remain a factor. ETF filings for altcoins are gaining traction, which may influence their prices.
Crypto News That Moved Price
Recent news highlights include Bitcoin’s bounce above $100,000 despite a brutal sell-off last week. With the S&P 500 index hitting an ATH, BTC may follow in its footsteps as discussed in a recent CoinGape article. Other key market movers include
Geopolitical Tensions: Rising tensions in the Middle East have led investors to seek alternative assets, contributing to Bitcoin’s price surge past $105,000 to $106,000 hurdle. This event has also impacted altcoins, with total crypto market capitalization surpassing $3.4 trillion.
Regulatory Changes: All eyes are on Trump’s Big Beautiful Bill, the GENIUS Act and developments surrounding the SEC vs. Ripple lawsuit, which recently involved Judge Torres rejecting the proposed $125 million settlement. Regardless, XRP price remained steady, traversing its seven-month consolidation.
Institutional and Venture Capital Inflows: Binance’s $1 billion deal with Nano Labs adds credence to the growing interest of institutional capital in the crypto markets.
ETF Inflows Spree: As of June 2025, $4.50 billion in BTC ETF inflows have been attracted, slightly less than the $5.23 billion in May based on SoSoValue data. Ethereum spot ETFs surpassed May’s $564 million to hit $1.13 billion. Solana CME volumes and open interest reached yearly highs, driven by the anticipation of ETF approval, according to Velo Data.
Upcoming ETF Filings and Approval Odds: Over 70 ETF applications are under review with the US Securities and Exchange Commission, with at least 31 altcoin ETF filings in H1 2025. According to the Polymarket betting site, Litecoin has an 81% approval chance, while Solana has an 88% and Cardano has a 76% chance of an ETF approval in 2025.
Top Gainers This Week
SEI price rose 70% this week, but sits at a 30% gain based on CoinGecko data, mainly driven by the Circle IPO that revealed major holdings. Based on CoinGape’s price analysis, SEI price could hit $1 as transactions triple this week.
SPX6900 is another altcoin that has seen a nearly 19% increase in value over the past seven days. Its recent uptick can be attributed to capital rotation. Sitting comfortably above the 50-day SMA and RSI above the mean level hints that there is a chance of revival of its bullish trend
Fartcoin price saw a 16% rally over the past week. This meme coin remains popular and has been widely discussed by traders on social media platforms. Hence, the recent uptick should not come as a surprise and investors can expect this to retain its top gainer title in the coming weeks as well.
Top Price Predictions For Next Week
Compound (COMP) price may nosedive next week as ai16z may be planning to sell 13.75M COMP Tokens, so the underlying asset may be subject to massive volatility and pullbacks next week.
Pengu (PENGU) price may see a sustained uptrend next week due to the hype around the Cboe ETF filing. Also the whales are scooping up the PENGU tokens, adding a tailwind for the bullish forecast. CoinGape predicts a 20% rally for Pengu price.
With September rate cut odds spiking above 90%, Bitcoin price could hit $1128K.
Despite the recent legal development going against Ripple’s, CoinGape forecasts Q3 could end XRP price’s 7-month downtrend.
Frequently Asked Questions (FAQs)
1. What is Bitcoin's current price?
2. What are the ETF approval odds for altcoins?
3. How much have BTC ETFs attracted in inflows in June 2025?
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