Daily Market BriefJun 17, 2025

Daily Market Brief 250617

  • $BTC rallied before the Israel-Iran news broke but has since given up most of its gains. As of now, $BTC is trading at $106,740 and $ETH is at $2,538. Bitcoin dominance stands at 64.92%.

  • Geopolitical tensions between Iran and Israel appear to be intensifying. Trump posted that "everyone should immediately evacuate Tehran," adding that Iran "should have signed the deal," and cut his G7 trip short due to the Middle East situation.

  • A few other headlines include: JPMorgan files a trademark for ‘JPMD,’ hinting at a potential stablecoin; Strategy acquired 10,100 BTC for approximately $1.05 billion at an average price of ~$104,080 per bitcoin; PolyHedra announced a buyback; and Eric Trump clarified that he has no public involvement with Justin Sun’s Tron or its rumored IPO.

  • Over the last 24 hours, the top three gainers were $WBT, $XCN, and $ZBCN, while the top three losers were $GRASS, $AXL, and $EIGEN.

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