SoSo Daily Jun 10 | Strategy Purchases 1,045 BTC at an Average Price of $105,426, Totaling Approximately $110.2 Million
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 2 PM Hong Kong time on June 10, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.56 trillion US dollars, witnessing an increase of 1.93% compared to yesterday; the total trading volume is 115.62 billion US dollars, marking a significant rise of 77.5% from the previous day.
Cryptocurrency Market Update - June 10, 2025
According to sosovalue, the price of $BTC is 110,210 USD, an increase of 4.23% from yesterday. The market cap of $BTC is 2.19 trillion USD, accounting for 61.5% of the total market cap; $BTC's 24-hour trading volume is 36.42 billion USD, making up 31.5% of the total trading volume.
The price of $ETH is 2,680.5 USD, up 6.8% from yesterday; the market cap of $ETH is 323.59 billion USD, representing 9.08% of the total market cap; $ETH's 24-hour trading volume is 17.60 billion USD, comprising 15.2% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 70.58% of the total cryptocurrency market cap, and their combined trading volumes constitute 46.7% of the total trading volume.
As of 00:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Wasder (WAS). As of 00:00 today, its market cap is 3.28M USD, with a coin price of 0.0055 USD, witnessing a 24-hour increase of 1940%.
The second is Paycoin ($PCI). As of 00:00 today, its coin price is 0.15286 USD, with a 24-hour increase of 119%.
The third is $Unio Coin ($UNIO). As of 00:00 today, its coin price is 0.0003202 USD, showing a 24-hour increase of 103%.
In fourth place is $Skate ($SKATE). As of 00:00 today, its coin price is 0.06503 USD, with a 24-hour rise of 62.6%.
In fifth place is Fluence ($FLT). As of 00:00 today, its coin price is 0.06085 USD, increasing by 56.7% over the last 24 hours.
Sector Performance in Crypto Market
According to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, AI, Meme, and $ETH sectors are worth mentioning.
AI sector has risen 7.67% relative to the UTC 0 time, led by gains in $MASA (29.7%), $VADER (29%), and $SEKOIA (21.9%).
Meme sector has increased 7.08% relative to UTC 0, with $dino (32.8%), $VADER (29%), and $mog (27.9%) leading the rise.
$ETH sector has risen 6.85%, with $eth (6.85%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue’s Bitcoin Treasuries dashboard, Strategy announced on June 8, 2025 (ET) that it had acquired 1,045 bitcoins at an average price of $105,426, for a total investment of approximately $110.2 million.
Compared to the previous purchase disclosed on June 2, 2025—705 $BTC at an average price of $106,495—this marks a week-over-week increase of approximately 48.23% in quantity and 46.72% in total investment.
As of June 8, 2025, Strategy holds a total of 582,000 bitcoins, with an average acquisition price of approximately $70,086, amounting to a total value of around $62.68 billion.
Next news:According to ChainCatcher, $KULR Technology's CEO Michael Mo announced today on social media that the company recently purchased approximately 13 million USD worth of Bitcoin (at an average price of about 107,861 USD per $BTC), acquiring 118.6 BTC. As of June 5, 2025, $KULR has accumulated a total holding of 920 $BTC, with a total investment of about 91 million USD, at an average purchase price of 98,760 USD per BTC. Michael Mo also stated that the company's Bitcoin investment return rate year-to-date has reached 260%. As a technology company focusing on AI, robotics, energy, and Bitcoin sectors, $KULR continues to firmly execute its Bitcoin reserve strategy.
Next news:According to ChainCatcher, based on monitoring by on-chain analyst Yu Jin, a certain Hyperliquid whale with 20x leverage has been continuously increasing their position, with the nominal position value rising to 102 million USD. They are long 956 $BTC with 40x leverage, an opening price of 106,837 USD, and a liquidation price of 97,649 USD.
Next news:
According to TechFlow, on June 9, HTX market data showed $BTC breaking through $106,000, currently trading at $106,082, with a 24-hour increase of 0.82%.
Next news:Foresight News reports that, according to Lookonchain monitoring, a whale withdrew 700 $BTC from Binance 2 hours ago, valued at 75.39 million USD, and currently still holds 1,900 $BTC (204 million USD).
Next news:ChainCatcher reports that, according to crypto journalist Eleanor Terrett, a joint statement from eight major crypto industry associations is set to be released. Uniswap and Jump Crypto will also participate in the statement, expressing support for incorporating the Blockchain Regulatory Clarity Act (BRCA) into the latest version of the CLARITY Act. Eight leading crypto policy organizations in Washington D.C. have issued a joint statement urging Congress to include the Blockchain Regulatory Clarity Act (BRCA) in market structure legislation. These organizations are: DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm. They stated that this amendment is crucial for protecting software developers and infrastructure providers who do not custody customer funds. The amendment was originally proposed by Tom Emmer and has since gained bipartisan support from representatives including Ritchie Torres. Many in the industry view it as a foundational policy safeguard for DeFi developers. The joint statement calls on legislators to incorporate BRCA into the CLARITY Act, a House bill concerning the market structure of digital assets.
Next news:Plasma completed a $500 million stablecoin fundraising through the ICO platform Sonar within one hour. The fundraising event started at 9:00 AM on June 9th. Users gained the right to purchase XPL tokens by depositing stablecoins into Plasma's treasury, with a single deposit cap of $50 million. The fundraising target was to publicly issue 10% of the total XPL token supply, and it was completed at 9:48 AM. Plasma's stablecoin treasury contains $345 million $USDC, $146.10 million $USDT, $7.50 million $USDS, and $1.21 million DAI. Sonar is a subsidiary of Echo, an angel investment platform founded by the well-known crypto trader Cobie, and Plasma is its first project. Plasma is developing an EVM-compatible sidechain aimed at eliminating transaction fees for USDT. Previously, Plasma raised $3.50 million led by Bitfinex and $20 million in Series A funding. $USDT is the most popular dollar-pegged stablecoin, accounting for 64% of the overall stablecoin supply.
Next news:According to ChainCatcher, BusinessWire reported that Canadian listed company Belgravia Hartford Capital Inc. (CSE:BLGV/OTC:BLGVF/FRA:ECA) announced on June 9, 2025, the completion of its first transaction under its Bitcoin reserve strategy. The company has secured a credit facility of up to 5 million USD from Round13 Digital Asset Fund L.P. and has accepted the first withdrawal of 5 million USD, of which 500 thousand USD was used to purchase 4.86152969 bitcoins at an average price of 102,848.29 USD per bitcoin (including all fees and expenses). This move follows the company's announcement of the Bitcoin reserve strategy plan on May 28 and June 4, 2025, marking another listed company incorporating Bitcoin into its reserve assets.
Next news:According to ChainCatcher and GlobeNewswire, the New York Stock Exchange-listed company BitMine Immersion Technologies (NYSE American: $BMNR) announced that it has purchased 100 bitcoins on the open market using proceeds from a recent stock issuance, officially launching its bitcoin reserve strategy. The company stated that it will continue to increase its bitcoin holdings in the future as a long-term investment and a core business pillar.
Next news:Bitcoin prices rebounded over the weekend after briefly dropping to around $100,500 due to a public dispute between U.S. President Trump and Elon Musk. In the past 24 hours, Bitcoin has stabilized at approximately $105,500, but analysts believe the current trend remains unstable. Dominick John, an analyst at Kronos Research, stated that although the price shows strength above $105,000, the structure is still fragile. Kay Lu, CEO of HashKey Eco Labs, pointed out that Bitcoin is currently trading near a key support level, and investor sentiment is prone to panic selling influenced by isolated negative news. Institutional investors are supporting the price by establishing corporate Bitcoin treasuries; for example, Trump Media & Technology Group and GameStop have each established multi-billion-dollar Bitcoin treasuries. Looking ahead, Bitcoin's short-term volatility will be influenced by upcoming U.S. macroeconomic data releases, including the Consumer Price Index (CPI) and Producer Price Index (PPI), which will affect whether the Federal Reserve adjusts interest rates at the June 17 meeting. The CME Group's FedWatch tool indicates that the Fed is almost certain to keep current rates unchanged. Jeff Mei, COO of BTSE, stated that unless there is significant progress or setbacks in U.S. trade negotiations, the market may not experience major fluctuations beforehand.
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.
SoSo Daily Jun 10 | Strategy Purchases 1,045 BTC at an Average Price of $105,426, Totaling Approximately $110.2 Million
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 2 PM Hong Kong time on June 10, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.56 trillion US dollars, witnessing an increase of 1.93% compared to yesterday; the total trading volume is 115.62 billion US dollars, marking a significant rise of 77.5% from the previous day.
Cryptocurrency Market Update - June 10, 2025
According to sosovalue, the price of BTC is 110,210 USD, an increase of 4.23% from yesterday. The market cap of BTC is 2.19 trillion USD, accounting for 61.5% of the total market cap; BTC's 24-hour trading volume is 36.42 billion USD, making up 31.5% of the total trading volume.
The price of ETH is 2,680.5 USD, up 6.8% from yesterday; the market cap of ETH is 323.59 billion USD, representing 9.08% of the total market cap; ETH's 24-hour trading volume is 17.60 billion USD, comprising 15.2% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 70.58% of the total cryptocurrency market cap, and their combined trading volumes constitute 46.7% of the total trading volume.
As of 00:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Wasder (WAS). As of 00:00 today, its market cap is 3.28M USD, with a coin price of 0.0055 USD, witnessing a 24-hour increase of 1940%.
The second is Paycoin (PCI). As of 00:00 today, its coin price is 0.15286 USD, with a 24-hour increase of 119%.
The third is Unio Coin (UNIO). As of 00:00 today, its coin price is 0.0003202 USD, showing a 24-hour increase of 103%.
In fourth place is Skate (SKATE). As of 00:00 today, its coin price is 0.06503 USD, with a 24-hour rise of 62.6%.
In fifth place is Fluence (FLT). As of 00:00 today, its coin price is 0.06085 USD, increasing by 56.7% over the last 24 hours.
Sector Performance in Crypto Market
According to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, AI, Meme, and ETH sectors are worth mentioning.
AI sector has risen 7.67% relative to the UTC 0 time, led by gains in MASA (29.7%), VADER (29%), and SEKOIA (21.9%).
Meme sector has increased 7.08% relative to UTC 0, with dino (32.8%), VADER (29%), and mog (27.9%) leading the rise.
ETH sector has risen 6.85%, with eth (6.85%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue’s Bitcoin Treasuries dashboard, Strategy announced on June 8, 2025 (ET) that it had acquired 1,045 bitcoins at an average price of $105,426, for a total investment of approximately $110.2 million.
Compared to the previous purchase disclosed on June 2, 2025—705 BTC at an average price of $106,495—this marks a week-over-week increase of approximately 48.23% in quantity and 46.72% in total investment.
As of June 8, 2025, Strategy holds a total of 582,000 bitcoins, with an average acquisition price of approximately $70,086, amounting to a total value of around $62.68 billion.
Next news:According to ChainCatcher, KULR Technology's CEO Michael Mo announced today on social media that the company recently purchased approximately 13 million USD worth of Bitcoin (at an average price of about 107,861 USD per BTC), acquiring 118.6 BTC. As of June 5, 2025, KULR has accumulated a total holding of 920 BTC, with a total investment of about 91 million USD, at an average purchase price of 98,760 USD per BTC. Michael Mo also stated that the company's Bitcoin investment return rate year-to-date has reached 260%. As a technology company focusing on AI, robotics, energy, and Bitcoin sectors, KULR continues to firmly execute its Bitcoin reserve strategy.
Next news:According to ChainCatcher, based on monitoring by on-chain analyst Yu Jin, a certain Hyperliquid whale with 20x leverage has been continuously increasing their position, with the nominal position value rising to 102 million USD. They are long 956 BTC with 40x leverage, an opening price of 106,837 USD, and a liquidation price of 97,649 USD.
Next news:
According to TechFlow, on June 9, HTX market data showed BTC breaking through $106,000, currently trading at $106,082, with a 24-hour increase of 0.82%.
Next news:Foresight News reports that, according to Lookonchain monitoring, a whale withdrew 700 BTC from Binance 2 hours ago, valued at 75.39 million USD, and currently still holds 1,900 BTC (204 million USD).
Next news:ChainCatcher reports that, according to crypto journalist Eleanor Terrett, a joint statement from eight major crypto industry associations is set to be released. Uniswap and Jump Crypto will also participate in the statement, expressing support for incorporating the Blockchain Regulatory Clarity Act (BRCA) into the latest version of the CLARITY Act. Eight leading crypto policy organizations in Washington D.C. have issued a joint statement urging Congress to include the Blockchain Regulatory Clarity Act (BRCA) in market structure legislation. These organizations are: DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm. They stated that this amendment is crucial for protecting software developers and infrastructure providers who do not custody customer funds. The amendment was originally proposed by Tom Emmer and has since gained bipartisan support from representatives including Ritchie Torres. Many in the industry view it as a foundational policy safeguard for DeFi developers. The joint statement calls on legislators to incorporate BRCA into the CLARITY Act, a House bill concerning the market structure of digital assets.
Next news:Plasma completed a $500 million stablecoin fundraising through the ICO platform Sonar within one hour. The fundraising event started at 9:00 AM on June 9th. Users gained the right to purchase XPL tokens by depositing stablecoins into Plasma's treasury, with a single deposit cap of $50 million. The fundraising target was to publicly issue 10% of the total XPL token supply, and it was completed at 9:48 AM. Plasma's stablecoin treasury contains $345 million USDC, $146.10 million USDT, $7.50 million USDS, and $1.21 million DAI. Sonar is a subsidiary of Echo, an angel investment platform founded by the well-known crypto trader Cobie, and Plasma is its first project. Plasma is developing an EVM-compatible sidechain aimed at eliminating transaction fees for USDT. Previously, Plasma raised $3.50 million led by Bitfinex and $20 million in Series A funding. USDT is the most popular dollar-pegged stablecoin, accounting for 64% of the overall stablecoin supply.
Next news:According to ChainCatcher, BusinessWire reported that Canadian listed company Belgravia Hartford Capital Inc. (CSE:BLGV/OTC:BLGVF/FRA:ECA) announced on June 9, 2025, the completion of its first transaction under its Bitcoin reserve strategy. The company has secured a credit facility of up to 5 million USD from Round13 Digital Asset Fund L.P. and has accepted the first withdrawal of 5 million USD, of which 500 thousand USD was used to purchase 4.86152969 bitcoins at an average price of 102,848.29 USD per bitcoin (including all fees and expenses). This move follows the company's announcement of the Bitcoin reserve strategy plan on May 28 and June 4, 2025, marking another listed company incorporating Bitcoin into its reserve assets.
Next news:According to ChainCatcher and GlobeNewswire, the New York Stock Exchange-listed company BitMine Immersion Technologies (NYSE American: BMNR) announced that it has purchased 100 bitcoins on the open market using proceeds from a recent stock issuance, officially launching its bitcoin reserve strategy. The company stated that it will continue to increase its bitcoin holdings in the future as a long-term investment and a core business pillar.
Next news:Bitcoin prices rebounded over the weekend after briefly dropping to around $100,500 due to a public dispute between U.S. President Trump and Elon Musk. In the past 24 hours, Bitcoin has stabilized at approximately $105,500, but analysts believe the current trend remains unstable. Dominick John, an analyst at Kronos Research, stated that although the price shows strength above $105,000, the structure is still fragile. Kay Lu, CEO of HashKey Eco Labs, pointed out that Bitcoin is currently trading near a key support level, and investor sentiment is prone to panic selling influenced by isolated negative news. Institutional investors are supporting the price by establishing corporate Bitcoin treasuries; for example, Trump Media & Technology Group and GameStop have each established multi-billion-dollar Bitcoin treasuries. Looking ahead, Bitcoin's short-term volatility will be influenced by upcoming U.S. macroeconomic data releases, including the Consumer Price Index (CPI) and Producer Price Index (PPI), which will affect whether the Federal Reserve adjusts interest rates at the June 17 meeting. The CME Group's FedWatch tool indicates that the Fed is almost certain to keep current rates unchanged. Jeff Mei, COO of BTSE, stated that unless there is significant progress or setbacks in U.S. trade negotiations, the market may not experience major fluctuations beforehand.
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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