Daily Market BriefJun 18, 2025

Daily Market Brief 250618

  • The market continues to slide with no significant headlines from the Middle East. As of now, $BTC is trading at $104,559 and $ETH at $2,509. Bitcoin dominance stands at 64.79%.

  • The U.S. Senate passed the GENIUS Act—the first major crypto bill to clear the chamber—with a 51-23 vote. The bill now moves to the House, which will decide whether to adopt the Senate’s version or advance its own (see below).

  • Other notable headlines include: VanEck’s Solana ETF, ticker symbol VSOL, has been listed on the DTCC website; JPMorgan is set to launch its 'deposit token' JPMD on Base in a pilot involving Coinbase; and Coinbase is seeking SEC approval to offer tokenized equities trading.

  • Over the past 24 hours, the top three gainers were $SAROS, $BSV, and $KET, while the top three losers were $SPX, $ZBCN, and $TKX.

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