Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 11:58 AM Hong Kong time on June 13, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.38 trillion US dollars, witnessing a decrease of 5.41% compared to yesterday; the total trading volume is 173.33 billion US dollars, marking an increase of 31.5% from the previous day.
Cryptocurrency Market Update - June 13, 2025
According to sosovalue, the price of BTC is 104,990 USD, a decrease of 1.79% from yesterday. The market cap of BTC is 2.09 trillion USD, accounting for 61.8% of the total market cap; BTC's 24-hour trading volume is 52.18 billion USD, making up 30.1% of the total trading volume.
The price of ETH is 2,545.1 USD, down 6.77% from yesterday; the market cap of ETH is 307.25 billion USD, representing 9.09% of the total market cap; ETH's 24-hour trading volume is 41.06 billion USD, comprising 23.7% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 70.89% of the total cryptocurrency market cap, and their combined trading volumes constitute 53.8% of the total trading volume.
As of 11:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Shark Cat (SC). As of 11:50 today, its market cap is 16.99M USD, with a coin price of 0.017153 USD, witnessing a 24-hour increase of 374%.
The second is BILLY. As of 11:50 today, its coin price is 0.0073199 USD, with a 24-hour increase of 69.5%.
The third is Everdome (DOME). As of 11:50 today, its coin price is 0.00028640 USD, showing a 24-hour increase of 54.8%.
In fourth place is Moongate (MGT). As of 11:50 today, its coin price is 0.0037300 USD, with a 24-hour rise of 42.9%.
In fifth place is Kin (KIN). As of 11:50 today, its coin price is 0.0000024946 USD, increasing by 17.4% over the last 24 hours.
Sector Performance in Crypto Market
Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 0 are up and 16 are down. Notably, Meme, Layer2, and AI sectors are worth mentioning.
Meme sector has fallen 7.98% relative to the UTC 0 time, led by declines in MAI (-28%), SPX (-20.4%), and SEKOIA (-18.4%).
Layer2 sector has decreased 8.23% relative to UTC 0, with SKATE (-27.4%), corn (-24.8%), and EARNM (-17.6%) leading the drop.
AI sector has fallen 8.71%, with MAI (-28%), hat (-19.3%), and aitech (-18.5%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to ChainCatcher, based on monitoring by Lookonchain, a certain whale/institution "0xFC82" has withdrawn 33,500 ETH (93.50 million USD) from Binance in the past two days.
Next news:ChainCatcher reports that according to Coinglass data, the largest single liquidation in the past 24 hours occurred on Binance - BTCUSDT, valued at 201.00 million USD. In the past 24 hours, the total liquidations across the entire network amounted to 1.16 billion USD, of which long liquidations were 1.04 billion USD, and short liquidations were 124 million USD.
Next news:After Israel launched an airstrike on Iran, the prices of Bitcoin and Ethereum dropped sharply. Bitcoin fell below $104,000, down 4.5%, while Ethereum declined 10% to $2,497. The airstrike escalated regional tensions, prompting investors to sell off risk assets and shift towards safer investments. The Israeli Defense Minister declared a state of emergency, anticipating missile and drone attacks. As a result, international oil prices surged significantly, with WTI crude oil rising 7.23% and Brent crude increasing by 7%. Market analysts pointed out that intensified geopolitical risks are driving investors toward safe havens, putting short-term pressure on cryptocurrency valuations.
Next news:
According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 86.31M USD yesterday (Eastern Time, June 12th).
The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 288.33M USD, and the total historical net inflow of IBIT currently stands at 49.53B USD.
The second highest was Grayscale's ETF GBTC, with a daily net inflow of 5.89M USD, and the total historical net outflow of GBTC currently stands at 23.25B USD.
The Bitcoin Spot ETF with the highest net outflow yesterday was Fidelity's ETF FBTC, with a daily net outflow of 197.19M USD, and the total historical net inflow of FBTC currently stands at 11.49B USD.
As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 130.26B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.18%. The historical cumulative net inflow has reached 45.31B USD.
Next news:SharpLink Gaming, a Nasdaq-listed Ethereum treasury company, experienced a significant drop in its shares by over 70% during after-hours trading following the filing of an S-3 registration statement with the SEC. This filing allowed the potential resale of nearly 58.7 million common shares issued in a private investment in public equity (PIPE) offering. The stock fell from $32.5 to as low as $8 before recovering slightly to $11.15. The sharp decline was attributed to market misinterpretation of the filing, which is a standard post-PIPE procedure and does not indicate actual sales. Consensys, the lead investor in SharpLink's $425 million private investment, clarified that neither it nor its CEO sold any shares. The market reaction was described as a "prisoner's dilemma" and driven by misinformation. SharpLink plans to raise up to $1 billion from common share offerings to purchase Ethereum, with speculation that a large ETH purchase announcement could positively impact the stock price.
Next news:Wu Shuo learned that, according to Onchain Lens monitoring, a certain whale deposited 8.70 million USDC into HyperLiquid and purchased 77,353.84 HYPE tokens at a price of 38.68 USD each, valued at approximately 3 million USD. Currently, the whale still has 799,698 HYPE tokens (about 30.77 million USD) staked and may continue to purchase more HYPE.
Next news:The U.S. Securities and Exchange Commission (SEC) has officially withdrawn several cryptocurrency-related rule proposals introduced during former Chairman Gary Gensler's tenure. These include the amendment to Exchange Act Rule 3b-16, which aimed to bring decentralized finance (DeFi) platforms under the regulation of national securities exchanges, and a proposal to expand custodial rules requiring investment advisers to use qualified custodians. These proposals faced widespread criticism from the industry for lacking sufficient communication with the DeFi sector. In March 2025, Acting Chairman Mark Uyeda instructed a review of the relevant rules. The withdrawal also covers proposals to strengthen investment companies' cybersecurity risk management and environmental, social, and governance (ESG) requirements. Gensler adopted an "enforcement-first" regulatory approach, which increased legal uncertainty in the crypto industry. Current Chairman Paul Atkins supports DeFi and emphasizes that the digital space should uphold the right to self-custody, a "fundamental American value."
Next news:Walmart and Amazon are considering issuing US dollar-backed stablecoins to reduce payment friction, accelerate settlement speeds, and lower costs associated with traditional financial channels. These two companies are among a growing number of multinational corporations paying attention to the issuance of US stablecoins. Any issuance plans may depend on decisions made by federal policies. Congress is advancing the GENIUS Act, which aims to create a unified framework for fiat-backed cryptocurrencies, with a final Senate vote expected on June 17. President Trump is promoting stablecoin legislation, with related regulations expected to be introduced in August. Market leader Tether plans to issue stablecoins targeted at US institutional investors. The stablecoin market size has exceeded 250 billion USD and is expected to surpass 2 trillion USD by 2028 with legislative support.
Next news:According to ChainCatcher, the Japanese publicly listed company Remixpoint announced an additional purchase of 55.68 bitcoins for 887.30 million Japanese yen, with an average purchase price of 15.94 million Japanese yen per bitcoin. As of now, the company holds a total of 981.39 BTC, with a total value of approximately 1.33 billion Japanese yen based on the current market value.
Next news:Background Information: Coinbase Institutional released a report forecasting the cryptocurrency market trends for the second half of 2025. Main Content: - The crypto market in the second half of 2025 is expected to benefit from improved U.S. economic growth expectations, potential Federal Reserve interest rate cuts, adoption of cryptocurrencies by corporate finance departments, and a clearer regulatory environment. - David Duong, head of research at Coinbase, predicts that Bitcoin will reach an all-time high in the second half but also warns of systemic risks arising from leveraged corporate Bitcoin holdings. - Currently, 228 publicly listed companies hold a total of 820 thousand Bitcoins. Some companies use leveraged financing models, which could lead to market pressure and forced selling risks. - These risks are controllable in the short term since most related debts have longer maturities, and companies with reasonable loan-to-value ratios may avoid selling through refinancing. - The U.S. regulatory environment is undergoing significant changes, with stablecoin legislation and crypto market structure regulations expected to be passed in 2025. The SEC is also reviewing multiple crypto ETF applications. - Coinbase holds an optimistic view of Bitcoin's future trajectory but remains cautious about the performance of certain altcoins. Potential Impact: - Increased corporate adoption of cryptocurrencies may drive market growth, but leverage risks require attention. - Regulatory clarity will contribute to the healthy development of the market. - Investors should monitor macroeconomic changes and policy dynamics. Special Mention: The report includes content related to SoSoValue.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 11:58 AM Hong Kong time on June 13, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.38 trillion US dollars, witnessing a decrease of 5.41% compared to yesterday; the total trading volume is 173.33 billion US dollars, marking an increase of 31.5% from the previous day.
Cryptocurrency Market Update - June 13, 2025
According to sosovalue, the price of BTC is 104,990 USD, a decrease of 1.79% from yesterday. The market cap of BTC is 2.09 trillion USD, accounting for 61.8% of the total market cap; BTC's 24-hour trading volume is 52.18 billion USD, making up 30.1% of the total trading volume.
The price of ETH is 2,545.1 USD, down 6.77% from yesterday; the market cap of ETH is 307.25 billion USD, representing 9.09% of the total market cap; ETH's 24-hour trading volume is 41.06 billion USD, comprising 23.7% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 70.89% of the total cryptocurrency market cap, and their combined trading volumes constitute 53.8% of the total trading volume.
As of 11:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Shark Cat (SC). As of 11:50 today, its market cap is 16.99M USD, with a coin price of 0.017153 USD, witnessing a 24-hour increase of 374%.
The second is BILLY. As of 11:50 today, its coin price is 0.0073199 USD, with a 24-hour increase of 69.5%.
The third is Everdome (DOME). As of 11:50 today, its coin price is 0.00028640 USD, showing a 24-hour increase of 54.8%.
In fourth place is Moongate (MGT). As of 11:50 today, its coin price is 0.0037300 USD, with a 24-hour rise of 42.9%.
In fifth place is Kin (KIN). As of 11:50 today, its coin price is 0.0000024946 USD, increasing by 17.4% over the last 24 hours.
Sector Performance in Crypto Market
Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 0 are up and 16 are down. Notably, Meme, Layer2, and AI sectors are worth mentioning.
Meme sector has fallen 7.98% relative to the UTC 0 time, led by declines in MAI (-28%), SPX (-20.4%), and SEKOIA (-18.4%).
Layer2 sector has decreased 8.23% relative to UTC 0, with SKATE (-27.4%), corn (-24.8%), and EARNM (-17.6%) leading the drop.
AI sector has fallen 8.71%, with MAI (-28%), hat (-19.3%), and aitech (-18.5%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to ChainCatcher, based on monitoring by Lookonchain, a certain whale/institution "0xFC82" has withdrawn 33,500 ETH (93.50 million USD) from Binance in the past two days.
Next news:ChainCatcher reports that according to Coinglass data, the largest single liquidation in the past 24 hours occurred on Binance - BTCUSDT, valued at 201.00 million USD. In the past 24 hours, the total liquidations across the entire network amounted to 1.16 billion USD, of which long liquidations were 1.04 billion USD, and short liquidations were 124 million USD.
Next news:After Israel launched an airstrike on Iran, the prices of Bitcoin and Ethereum dropped sharply. Bitcoin fell below $104,000, down 4.5%, while Ethereum declined 10% to $2,497. The airstrike escalated regional tensions, prompting investors to sell off risk assets and shift towards safer investments. The Israeli Defense Minister declared a state of emergency, anticipating missile and drone attacks. As a result, international oil prices surged significantly, with WTI crude oil rising 7.23% and Brent crude increasing by 7%. Market analysts pointed out that intensified geopolitical risks are driving investors toward safe havens, putting short-term pressure on cryptocurrency valuations.
Next news:
According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 86.31M USD yesterday (Eastern Time, June 12th).
The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 288.33M USD, and the total historical net inflow of IBIT currently stands at 49.53B USD.
The second highest was Grayscale's ETF GBTC, with a daily net inflow of 5.89M USD, and the total historical net outflow of GBTC currently stands at 23.25B USD.
The Bitcoin Spot ETF with the highest net outflow yesterday was Fidelity's ETF FBTC, with a daily net outflow of 197.19M USD, and the total historical net inflow of FBTC currently stands at 11.49B USD.
As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 130.26B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.18%. The historical cumulative net inflow has reached 45.31B USD.
Next news:SharpLink Gaming, a Nasdaq-listed Ethereum treasury company, experienced a significant drop in its shares by over 70% during after-hours trading following the filing of an S-3 registration statement with the SEC. This filing allowed the potential resale of nearly 58.7 million common shares issued in a private investment in public equity (PIPE) offering. The stock fell from $32.5 to as low as $8 before recovering slightly to $11.15. The sharp decline was attributed to market misinterpretation of the filing, which is a standard post-PIPE procedure and does not indicate actual sales. Consensys, the lead investor in SharpLink's $425 million private investment, clarified that neither it nor its CEO sold any shares. The market reaction was described as a "prisoner's dilemma" and driven by misinformation. SharpLink plans to raise up to $1 billion from common share offerings to purchase Ethereum, with speculation that a large ETH purchase announcement could positively impact the stock price.
Next news:Wu Shuo learned that, according to Onchain Lens monitoring, a certain whale deposited 8.70 million USDC into HyperLiquid and purchased 77,353.84 HYPE tokens at a price of 38.68 USD each, valued at approximately 3 million USD. Currently, the whale still has 799,698 HYPE tokens (about 30.77 million USD) staked and may continue to purchase more HYPE.
Next news:The U.S. Securities and Exchange Commission (SEC) has officially withdrawn several cryptocurrency-related rule proposals introduced during former Chairman Gary Gensler's tenure. These include the amendment to Exchange Act Rule 3b-16, which aimed to bring decentralized finance (DeFi) platforms under the regulation of national securities exchanges, and a proposal to expand custodial rules requiring investment advisers to use qualified custodians. These proposals faced widespread criticism from the industry for lacking sufficient communication with the DeFi sector. In March 2025, Acting Chairman Mark Uyeda instructed a review of the relevant rules. The withdrawal also covers proposals to strengthen investment companies' cybersecurity risk management and environmental, social, and governance (ESG) requirements. Gensler adopted an "enforcement-first" regulatory approach, which increased legal uncertainty in the crypto industry. Current Chairman Paul Atkins supports DeFi and emphasizes that the digital space should uphold the right to self-custody, a "fundamental American value."
Next news:Walmart and Amazon are considering issuing US dollar-backed stablecoins to reduce payment friction, accelerate settlement speeds, and lower costs associated with traditional financial channels. These two companies are among a growing number of multinational corporations paying attention to the issuance of US stablecoins. Any issuance plans may depend on decisions made by federal policies. Congress is advancing the GENIUS Act, which aims to create a unified framework for fiat-backed cryptocurrencies, with a final Senate vote expected on June 17. President Trump is promoting stablecoin legislation, with related regulations expected to be introduced in August. Market leader Tether plans to issue stablecoins targeted at US institutional investors. The stablecoin market size has exceeded 250 billion USD and is expected to surpass 2 trillion USD by 2028 with legislative support.
Next news:According to ChainCatcher, the Japanese publicly listed company Remixpoint announced an additional purchase of 55.68 bitcoins for 887.30 million Japanese yen, with an average purchase price of 15.94 million Japanese yen per bitcoin. As of now, the company holds a total of 981.39 BTC, with a total value of approximately 1.33 billion Japanese yen based on the current market value.
Next news:Background Information: Coinbase Institutional released a report forecasting the cryptocurrency market trends for the second half of 2025. Main Content: - The crypto market in the second half of 2025 is expected to benefit from improved U.S. economic growth expectations, potential Federal Reserve interest rate cuts, adoption of cryptocurrencies by corporate finance departments, and a clearer regulatory environment. - David Duong, head of research at Coinbase, predicts that Bitcoin will reach an all-time high in the second half but also warns of systemic risks arising from leveraged corporate Bitcoin holdings. - Currently, 228 publicly listed companies hold a total of 820 thousand Bitcoins. Some companies use leveraged financing models, which could lead to market pressure and forced selling risks. - These risks are controllable in the short term since most related debts have longer maturities, and companies with reasonable loan-to-value ratios may avoid selling through refinancing. - The U.S. regulatory environment is undergoing significant changes, with stablecoin legislation and crypto market structure regulations expected to be passed in 2025. The SEC is also reviewing multiple crypto ETF applications. - Coinbase holds an optimistic view of Bitcoin's future trajectory but remains cautious about the performance of certain altcoins. Potential Impact: - Increased corporate adoption of cryptocurrencies may drive market growth, but leverage risks require attention. - Regulatory clarity will contribute to the healthy development of the market. - Investors should monitor macroeconomic changes and policy dynamics. Special Mention: The report includes content related to SoSoValue.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.
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