Rich Compass

Crypto News 06/21 | BTC Liquidation Frenzy, CoinMarketCap Breach, GENIUS Act Surge


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This episode looks at the global cryptocurrency market up to June 2025. It notes the market is volatile. It is also easily affected by outside factors like global conflicts. The episode highlights important new rules. Specifically, the US Senate passed a bill about stablecoins called the GENIUS Act. New crypto ETFs were also approved in different places. This shows more large companies are starting to use cryptocurrency. A market feature is high leverage in Bitcoin futures, meaning trades use borrowed money. This can cause many forced sell-offs when prices fall. But the market also grew in some areas. For example, how stablecoins are used. And companies using Bitcoin as part of their cash reserves. Also, online security risks still exist. Global economic conditions also affect how people feel about the crypto market. These are key factors shaping the market's future.

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Disclosure:

1. The podcast episode is generated by AI. The sourced content was reviewed and curated by humans.

2. However, the content may contain errors; please verify independently. It is not investment or professional advice. Use at your own risk.

3. If signed up with my Bitget link, I may earn some commission from your trades, but this costs you nothing extra. Bitget pays my commission directly from the trading fees, so you still save the full 20%.

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Rich CompassBy Harold