4E: BTC rises to $106,200, the crypto market rebounds, supported by favorable macro and regulatory developments
ChainCatcher message, according to 4E observations, as of June 25, 2025, 14:00 (UTC+8), Bitcoin (BTC) is priced at $106,200, up about 0.8% in the past 24 hours, slightly rising compared to yesterday, showing signs of a rebound. The intraday high reached $106,790, while the low fell to $104,800, maintaining an overall range of $105,000--$107,000. The performance of mainstream coins is mixed, with Ethereum (ETH) rising about 2% to $2,470, and Solana (SOL) and Cardano (ADA) increasing by 1.5% and 1.2%, respectively. The overall market capitalization of crypto assets has risen to about $3.28 trillion, with trading activity warming compared to the previous day.On the international front, the global financial market is mainly influenced by three key factors:Fed officials leaning dovish: The Fed Vice Chair mentioned in public that "we will wait for inflation and employment data to confirm before deciding on the next steps," which has raised market expectations for a rate cut in July, providing support for risk assets.Stability in the Middle East: Although conflicts earlier this month had heightened market risk aversion, recent reports indicate that parties have reached a preliminary peace agreement, leading to a return of risk-averse funds to the stock, bond, and crypto markets.Stablecoin reform nearing a critical juncture: The U.S. GENIUS Act has received renewed support for advancement in the Senate, while the EU's MiCA has completed revisions to relevant implementation regulations, gradually clarifying the crypto regulatory framework and providing policy support for industry development.The favorable compliance and macro environment continue to improve short-term market sentiment. On-chain data shows a return of long-term funds to Bitcoin holdings, with a noticeable increase in institutional entry trends. Overall, the crypto market has shown a moderate recovery in the past 24 hours, and attention should continue to be paid to the constraints of macro policies and geopolitical dynamics. 4E reminds: although the market is warming moderately, volatility remains high, and it is advisable to control positions, set reasonable stop-losses, and closely monitor risks from macro and policy changes.