Overview
Your daily briefing on the crypto markets as of June 20, 2025.
President Donald Trump has announced his decision regarding potential U.S. involvement in the ongoing Israel-Iran conflict will be postponed for two weeks. This decision has been seen positively in financial circles, as it alleviates immediate concerns of military engagement that could disrupt markets.
Bitcoin (BTC) is presently valued at approximately $106,000, up nearly 1% over the last 24 hours. The broader CoinDesk 20 index has also shown a gain of 0.77%. Other market trends include a 1.7% drop in oil prices and gains in European stock indexes.
Trump’s announcement has had a significant impact on market expectations, lowering the probability of U.S. military action to 40% according to prediction markets, a decrease from 70%.
Expert Commentary
Dan Coatsworth, an investment analyst with AJ Bell, stated:
“While the immediate prospect of a U.S. intervention in Iran may have diminished, the fact this is reportedly a two-week hiatus means it will remain a live issue for the markets going into next week.”
(Translation: Dan warned that despite the delay, this situation will still be a critical topic for the markets.)
Current Market Conditions
Markets are showing signs of respite with Bitcoin and other cryptocurrencies maintaining stability. However, caution is advised as analysts from Glassnode report on lower on-chain activity, suggesting institutional dominance in trading.
A recent analysis by CryptoQuant notes a potential drop in Bitcoin prices to $92,000, urging traders to watch for demand fluctuations.
What to Watch
- June 20: BlackCoin (BLK) activates SegWit on its mainnet.
- June 25: ZIGChain (ZIG) mainnet goes live.
- June 30: CME Group plans to introduce spot-quoted futures pending regulatory approval.
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