Cryptocurrency Market Update: June 1, 2025
As of June 1, 2025, the cryptocurrency market continues to exhibit robust momentum, driven by institutional adoption and favorable regulatory developments. $BTC , the leading cryptocurrency by market capitalization, is trading at approximately $104,591.88, reflecting a 4.18% increase over the past 24 hours, with a market cap exceeding $1.97 trillion. The surge in $BTC s value is fueled by significant inflows into spot Bitcoin ETFs, which have surpassed $40 billion in cumulative inflows, and a pro-cryptocurrency stance from the U.S. administration, enhancing investor confidence. Despite recent volatility due to macroeconomic factors like U.S. trade tariffs, $BTC remains resilient, with analysts projecting a potential rise to $120,000–$200,000 by year-end, supported by its limited supply of 21 million coins and growing global acceptance. However, regulatory uncertainties and potential corrections loom as risks, with some experts cautioning about a possible dip to $90,000 if key support levels falter. The broader market, including altcoins like Ethereum and Solana, also shows strength, but Bitcoin (BTC) continues to dominate, reinforcing its position as the cornerstone of the digital asset ecosystem.#CEXvsDEX101


