Crypto Price Analysis 6-25: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, BITTENSOR: TAO, JUPITER: JUP

Despite mixed price action, the crypto market extended its gains for a second day, with some tokens trading in the red. However, Bitcoin’s (BTC) push higher dragged the market up as well. BTC reclaimed $106,000 on Tuesday as market sentiment improved, moving beyond the moving averages to $106,138. Altcoins, including Ethereum (ETH) , Ripple (XRP) , Solana (SOL), and Cardano (ADA) , performed even better, posting double-digit gains. ETH is up over 10% since Monday, reclaiming $2,400 and moving to its current level of $2,450. XRP has been down nearly 1% over the past 24 hours, while Solana (SOL) has been marginally up, trading around $145. Dogecoin (DOGE) is down $0.50%, and ADA is down almost 2%, trading at $0.580. Stellar (XLM) , Toncoin (TON) , Hedera (HBAR) , and Polkadot (DOT) also registered notable declines. However, Chainlink (LINK) and Litecoin (LTC) bucked the bearish trend to trade in positive territory. Dow Jones Up 500 Points As Ceasefire Holds US stocks have recovered as tensions in the Middle East lowered, creating positive, risk-on sentiment among investors. Israel and Iran announced a fragile ceasefire, which is holding for the moment. As a result, the Dow Jones rose 470 points or 1.1%, reclaiming pre-war levels. Meanwhile, the S&P 500 rose 1.05%, while the tech-focused Nasdaq rose 1.43%. Market watchers and traders are hopeful that hostilities will cease. President Trump announced a ceasefire between Israel and Iran and also pressured the former to stop its attacks against Iran. An escalation of the conflict threatened the global oil economy. Escalation became a possibility after the US struck key Iranian installations. Iran threatened to close the Strait of Hormuz in response, a move that could push oil prices to historic highs. However, with hostilities easing, crude oil prices dropped to $64 per barrel, down over 5% in one day. Crude oil traded around $75 at the height of the conflict. Fed To Wait Before Deciding On Rate Cuts With tensions in the Middle East under control, markets turned their attention to the Federal Reserve and interest rate cuts. Federal Reserve Chair Jerome Powell said during his testimony before Congress that the Fed plans to wait for more information before making changes to interest rates. Powell stated he is still concerned about the potential impact of Trump’s tariff policies, which could push inflation higher and lower growth. Powell also said the impact of inflation could be short-term or persistent, each requiring a different response. However, the Fed Chair stated that rate cuts could happen sooner if inflation stays low or the unemployment rate rises. Mastercard Announces Partnership With Chainlink Chainlink has teamed up with Mastercard to allow over $3 billion Mastercard users to buy crypto directly on-chain. The collaboration aims to make crypto more accessible to newer users. The partnership is powered by a network of Web3 partners, including Shift4 Payments, Swapper Finance, XSwap, and ZeroHash. ZeroHash will manage on-chain services and liquidity, allowing users to exchange fiat for crypto conveniently and safely. Meanwhile, Swapper Finance uses account abstraction to give users more control while keeping the overall user experience simple. Sergey Nazarov, the co-founder of Chainlink, stated, “This is the type of traditional finance and decentralized finance convergence that Chainlink was built to make possible.” Mastercard has shown an increasing interest in crypto. The payments giant has also partnered with Kraken to issue crypto debit cards in the UK and Europe. It has also collaborated with MetaMask to launch a crypto card offering self-custody. Coinbase Claims It Helped In Key Secret Service Operation Cryptocurrency exchange Coinbase has claimed it played a key role in a US Secret Service investigation, resulting in the seizure of $225 million linked to several crypto investment scams. The United States Department of Justice recently filed to seize over $225 million in crypto recovered by the Secret Service. According to investigators, the funds were stolen by pig butchering scammers and was the largest seizure in the agency’s history. Coinbase and several other exchanges joined in an “investigative sprint,” helping the Secret Service identify scam victims, analyze chain flows, and build a case to seize crypto. According to Coinbase, its team tracked millions in crypto transactions from illicit wallets and other account activity, helping flag scam victims for the Secret Service. “This blockchain analysis and subpoena records production allowed the USSS to identify more than 130 Coinbase customers who were unknowingly defrauded, representing $2.3 million in losses.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) extended its gains for a third consecutive day to reclaim $106,000 and move to its current level of $106,683. Analysts believe if the current bullish sentiment persists, the flagship cryptocurrency could push to $110,000. BTC plunged to a low of $98,385 on Sunday as hostilities in the Middle East peaked. However, it stabilized after reaching this level and reclaimed $100,000 to settle at $100,982. Market sentiment turned bullish on Monday after President Trump announced a ceasefire. As a result, BTC surged over 4% to reclaim $105,000 and settle at $105,442. The price continued to push higher on Tuesday, crossing the moving averages and $106,000 to $106,138. BTC has regained its footing this week after a weekend that saw it plunge to multi-month lows. Shivam Thakral, CEO of BuyUcoin, attributed BTC’s recovery to stabilizing geopolitical conditions in the Middle East after Israel and Iran agreed to a ceasefire. “Bitcoin has seen a sharp rally following the announcement of a ceasefire between Iran and Israel, recovering from a recent dip amid heightened geopolitical tensions.” He also highlighted Fed Chair Jerome Powell’s commitment to tackle inflation, noting that it could impact liquidity in the short to mid-term. “The Fed chief has reiterated a commitment to tackle inflation and is not in a hurry to cut interest rates, which could affect liquidity in the short to mid-term.” According to analysts, if BTC continues its upward trend, it could extend its rally toward its all-time high. BTC ended the previous weekend with a marginal increase and settled at $105,561. The price raced to an intraday high of 108,939 on Monday as buyers attempted to overwhelm sellers. However, it lost momentum after reaching this level and settled at $106,808, ultimately registering an increase of 1.18%. BTC lost momentum on Tuesday, dropping over 2%, slipping below the 20-day SMA and $105,000 to settle at $104,519. The price recovered on Wednesday, rising 0.35% to $104,884, but was back in the red on Thursday, registering a marginal decline to settle at $104,631. Source: TradingView BTC raced to an intraday high of $106,513 on Friday before losing momentum and settling at $103,388, ultimately registering a drop of 1.19%. Sellers retained control on Saturday as the price fell 1.17% and settled at $102,180, but not before dropping to an intraday low of $100,979. BTC plunged below $100,000 on Sunday, falling to an intraday low of $98,385 after the US conducted airstrikes on key Iranian sites. However, it recovered to reclaim $100,000 and settle at $100,982. Market sentiment flipped to bullish on Monday after Trump announced a ceasefire between Israel and Iran. As a result, BTC surged over 4% to reclaim $105,000 and move to $105,442. The price continued to push higher on Tuesday, rising 0.66% to cross the 20 and 50-day SMAs, reclaim $106,000, and settle at $106,138. The current session sees BTC marginally up, trading around $106,428. Analysts believe BTC could push to $110,000 or even higher if it maintains momentum. Ethereum (ETH) Price Analysis Ethereum (ETH) is marginally down during the ongoing session, losing momentum after failing to cross $2,500 on Tuesday. Despite a marginal decline during the ongoing session, the world’s second-largest cryptocurrency has made a strong recovery this week after a weekend that saw it plunge to a low of $2,119 as hostilities in the Middle East peaked. However, President Trump announced a ceasefire, pushing market sentiment into bullish territory. As a result, ETH rallied on Monday, rising over 8% to reclaim $2,400 and settle at $2,413. ETH extended its gains on Tuesday, rising 1.51% to $2,450. However, a move beyond $2,500 failed to materialize. Analysts believe a breakout above the $2,460-$2,500 level could indicate a potential rally. However, sellers have prevented an upward push for now. ETH has recovered nearly 10% over the past couple of days. ETH started the previous week in the red despite surging to an intraday high of $2,680. It lost momentum after reaching this level and dropped to $2,544, ultimately registering a marginal decline. Price action remained bearish on Tuesday, falling 1.31% and settling at $2,511. Despite the selling pressure, ETH recovered on Wednesday, rising 0.57% and settling at $2,52 before registering a marginal decline on Thursday and settling at $2,522. Selling pressure intensified on Friday as the price plunged nearly 5%, slipping below $2,500 and the 50-day SMA to $2,406. Source: TradingView ETH continued to drop on Saturday, falling 4.56%, slipping below $2,300 and settling at $2,296. ETH plunged to an intraday low of $2,119 on Sunday as market sentiment deteriorated. However, it recovered from this level to reclaim $2,200 and settle at $2,229. Market sentiment turned positive on Monday after President Trump announced a ceasefire between Israel and Iran. As a result, ETH surged over 8% to reclaim $2,400 and settle at $2,413. ETH continued to push higher on Tuesday, rising 1.51% to $2,450. However, it has lost momentum during the ongoing session, with the price marginally down. The RSI is hovering around its neutral level, indicating waning bullish momentum. Buyers must push the RSI above its neutral level to sustain ETH’s bullish trajectory. If buyers regain control, the price could move beyond $2,500. However, if sellers retain control it could dip below $2,400. Solana (SOL) Price Analysis Unlike BTC and ETH, Solana (SOL) has continued to push higher during the ongoing session as it looks to reclaim $150. SOL has registered a stunning rally this week, up over 11% since Monday. It fell to a low of $126 on Sunday as bearish sentiment intensified over the weekend thanks to the Israel-Iran conflict. However, it recovered after President Trump announced an immediate ceasefire. As a result, SOL rallied nearly 10% to reclaim $140 and settle at $144. SOL raced to an intraday high of $158 on Monday, as it looked to start the previous week on a bullish note. However, it lost momentum after reaching this level and dropped to $150, ultimately registering a decline of 1.52%. Sellers retained control on Tuesday as the price fell over 2%, slipping below $150 and settling at $147. SOL declined on Wednesday, falling almost 1% to $146. Despite the overwhelming selling pressure, SOL registered a marginal increase on Thursday and moved to $147. Source: TradingView Selling pressure returned on Friday as SOL fell nearly 5%, slipping to $140 but not before dropping to an intraday low of $140. SOL fell over 3% on Saturday, settling at $135 as bearish sentiment persisted. The price plunged to an intraday low of $126 on Sunday as market sentiment worsened. It recovered from this level to reclaim $130 and settle at $131. Market sentiment flipped to bullish on Monday after President Trump announced a ceasefire between Israel and Iran. As a result, SOL rallied nearly 10% to reclaim $140 and settle at $144. Buyers retained control on Tuesday as the price rose 0.91% to $145. However, SOL is marginally down during the ongoing session as buyers and sellers struggle to establish control. If buyers regain control, SOL could push to $150. On the other hand, it could drop below $140 if bearish sentiment returns. Cardano (ADA) Price Analysis Cardano (ADA) rebounded this week after spending last week in the red. It looks to ride the latest market rally and reverse recent seller dominance. ADA started the previous week with a marginal drop to $0.630. Selling pressure intensified on Tuesday as the price fell over 3% to $0.610.Price action remained negative on Wednesday and Thursday, as ADA fell 1.15% and 0.17% to $0.602. Bearish sentiment intensified on Friday as the price plunged to an intraday low of $0.562. However, it recovered from this level to settle at $0.578, ultimately registering a drop of almost 4%. Source: TradingView Selling pressure persisted on Saturday as ADA fell 3.81% and settled at $0.556. ADA plunged to an intraday low of $0.511 on Sunday as market sentiment worsened after US airstrikes on key Iranian sites. ADA recovered from this level to settle at $0.541, registering a drop of nearly 3%. Market sentiment flipped to bullish on Monday after President Trump announced a ceasefire between Israel and Iran. As a result, ADA rose almost 8% and moved to $0.584. Buyers retained control on Tuesday as the price rose by 0.68% to $0.588. However, ADA is back in the red during the ongoing session, down over 2% and trading at $0.576. Bittensor (TAO) Price Analysis Bittensor (TAO) raced to an intraday high of $391 on Monday (June 16), starting the previous week on a bullish note. However, it could not sustain momentum and fell to $367, ultimately registering a marginal increase. Price action turned bearish on Tuesday, falling nearly 5% to $350, but not before dropping to an intraday low of $334. Despite the overwhelming selling pressure, TAO recovered on Wednesday, rising 3.53% to $362. It was back in the red on Thursday, falling nearly 3% and settling at $352. Source: TradingView TAO continued to decline on Friday, dropping over 3%, slipping below $350 and settling at $341. Selling pressure intensified on Saturday as the price fell over 7%, slipping below $320 and settling at $316. TAO plunged to an intraday low of $288 on Sunday as market sentiment worsened. However, it recovered to reclaim $300 and settle at $304, ultimately registering a drop of 3.70%. TAO recovered on Monday, surging over 15% to reclaim $350 and settle at $351. It raced to an intraday high of $364 on Tuesday but lost momentum after reaching this level. As a result, the price fell 1.60%, slipping below $350 and settling at $345. TAO has continued to drop during the ongoing session, down nearly 3%, trading around $335. Jupiter (JUP) Price Analysis Jupiter (JUP) registered a sharp drop on Monday (June 16), falling over 4% to $0.414. The price continued to decline on Tuesday, slipping below $0.40 and settling at $0.397. JUP dropped to an intraday low of $0.379 on Wednesday as selling pressure intensified. However, it rebounded from this level to register an increase of 3.18% and move to $0.408. Despite the strong recovery, JUP was back in the red on Thursday, falling 1.05% to $0.405. Bearish sentiment intensified on Friday as the price fell nearly 7%, slipping below $0.40 and settling at $0.378. Source: TradingView Selling pressure persisted over the weekend as JUP fell over 5% on Saturday to settle at $0.358, but not before dropping to an intraday low of $0.378. The price plunged to an intraday low of $0.326 on Sunday as market sentiment worsened. However, it recovered from this level and moved to $0.345, ultimately registering a drop of 3.72%. JUP started the current week on a bullish note, rallying over 17% to reclaim $0.40 and settle at $0.404. The price continued to push higher on Tuesday, rising 3.49% to $0.418. The current session sees JUP marginally up as buyers and sellers struggle to establish control. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Crypto Daily