Daily Market BriefJun 16, 2025

Daily Market Brief 250616

  • The market traded rangebound over the weekend. As of now, $BTC is trading at $105,591 and $ETH at $2,547. Bitcoin dominance stands at 64.71%.

  • This week’s key events include the Bank of Japan’s rate decision and the U.S. Senate’s final vote on the stablecoin bill on Tuesday, the FOMC decision on Thursday, and U.S. futures and options expiry on Friday.

  • A few notable headlines from the weekend include: $ZKJ plummeted over 80% in a single day (from a $2B FDV to $350M FDV), the SEC declared effective Trump Media’s registration for its Bitcoin treasury plan, and Bybit CEO Ben Zhou announced the launch of Byreal, the first on-chain DEX incubated by Bybit.

  • Over the past 24 hours, the top three gainers were $JTO, $TKX, and $BCH, while the top three losers were $ATH, $CAKE, and $APE.

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