The crypto market showed mixed performance amid geopolitical tensions. BTC rose 0.25% to 105,800 USDT, and ETH gained 1.51% to 2,567 USDT. The Fear & Greed Index climbed to 61, reflecting improved market sentiment. Global markets fluctuated, with WTI and Brent crude surging then moderating, and gold briefly hitting $3,450/oz before retreating. Vietnam passed the Digital Technology Industry Law, recognizing crypto assets’ legal status from 2026, boosting market confidence.

• Trending Tokens: BTC stabilized after dipping to 103,000 USDT, facing resistance near 106,000 USDT, with Bitcoin ETFs recording $301M in single-day net inflows, showing institutional resilience. ETH weakened, with the ETH/BTC ratio dropping to 0.023 and a $2.176M ETF outflow, indicating cautious sentiment. Altcoins broadly declined but showed signs of recovery.
• Top Performing Tokens: JTO (+17.17%): Jito’s governance token reached $2.342, with a $2.343B market cap, driven by community support and Grayscale’s watchlist inclusion. LM (+24.56%): LeisureMeta’s token rose to $0.0036, with an $18.31M market cap, fueled by K-POP NFT fanbase and low-gas trading. HOUSE (+27.68%): Housecoin hit $0.0414, with a $41.26M market cap, riding Solana’s meme coin wave and housing market satire.
• Alpha Insights: Ethereum spot ETFs saw $528M in net inflows last week, led by BlackRock’s ETHA ($381M), with total assets at $10.03B, reinforcing ETH’s market role. LABUBU’s meme coin surged 54% to a $55.03M market cap, driven by Pop Bubble Mart’s IP and social media hype, though volatility warrants caution. Vietnam’s crypto legalization highlights DeFi potential, with 17M users and $16B in 2024 remittances.
• Gate Launchpool: CRT Project (CRT) launched on Gate Launchpool at 20:00 (UTC+8), June 16, 2025. Stake CRT or USDT to claim a 1,500,000 CRT airdrop. CRT is an AI-driven Web3 content platform, rewarding creators with tokens for monetizable story ideas, backed by Genesis Blockchain Ventures and other top firms.

Explore Today’s Highlights → Gate Research Institute: LABUBU Token Market Cap Surpasses $55 Million | Vietnam Recognizes Legal Status of Crypto Assets

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Gate Team
Jun 16th, 2025

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