Crypto News | June.01.2025

Here’s the latest cryptocurrency news and market updates as of Sunday, June 1, 2025:

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📉 Market Snapshot

The crypto market is experiencing volatility amid global economic uncertainties:(Cointelegraph)

• Bitcoin (BTC): Currently trading at $104,017, showing a modest 0.54% increase over the past 24 hours. (Finance Magnates)

• Ethereum (ETH): Priced at $2,494.87, down 1.25% in the last day. (Cryptonews)

• BNB (BNB): Trading at $650.97, a decrease of 0.67%.

• XRP (XRP): Holding steady at $2.14.

• Cardano (ADA): At $0.6601, down 1.24%.

The overall crypto market capitalization has decreased by approximately 3.33% from last week, now standing at $3.15 trillion. (Coinbase)

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📰 Top Headlines

• Bitcoin's Price Movement: Bitcoin rebounded above $104,300 after a significant drop triggered by tariff-related market chaos, leading to nearly $1 billion in liquidations. (CoinDesk)

• Ethereum's Volatility: Ethereum's price dipped below $2,500 due to fears of large holders selling off, but it has since recovered above key support levels. (CoinDesk)

• Solana's Stability: Solana is maintaining a price near $154 after losing support, as tariff concerns continue to affect market sentiment. (CoinDesk)

• Michael Saylor's Media Appearance: MicroStrategy co-founder Michael Saylor has expressed interest in discussing Bitcoin on the Joe Rogan Experience podcast. (TradingView)

• France's Crypto Crackdown: French authorities have charged 25 individuals in connection with a cryptocurrency-related kidnapping spree in Paris. (Cointelegraph)

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🌐 Global Economic Impact

The crypto market's recent downturn is attributed to renewed fears over stalled US-China trade talks and significant long liquidations. (Cointelegraph)

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