Digital Assets Decoded: Your Daily Crypto Guide

Crypto Rollercoaster: Bitcoin Resilience, Ethereum Support, and June Token Unlocks


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Digital Assets Decoded: Your Daily Crypto Guide podcast.

# Digital Assets Decoded: Your Daily Crypto Guide

Hey crypto fam, Crypto Willy here with your weekly roundup of all things blockchain and digital assets! Let's dive into what's been shaking in the crypto world this first week of June 2025.

The crypto market's been on a rollercoaster ride this week! Bitcoin showed impressive resilience, hovering above the $105k mark despite some turbulence. Earlier today, we saw BTC bounce back nicely from $67,280 to $69,150 within just four hours, suggesting strong support at the $67k level. This kind of price action gives us a good entry point for those looking to go long.

Meanwhile, Ethereum has been testing the $3,650 support level, which interestingly aligns with its 50-day moving average. If you're watching ETH, keep an eye on that bounce from $3,670 to $3,750 we saw today – might be signaling some renewed buying interest.

What's really interesting is how crypto's been dancing with traditional markets. The S&P 500 futures dipped 0.5% today, June 3rd, and we saw Nasdaq 100 futures drop 0.7% by 10:00 UTC, coinciding with sharp declines in both BTC and ETH. This correlation is becoming more pronounced, so if you're trading crypto, you might want to keep one eye on those stock indices too!

On the venture capital front, we're seeing a bit of a slowdown. Crypto VC deal count hit a 2025 low in May, though the sector still managed to raise an impressive $909 million. The big headline was in mergers and acquisitions, where we hit an all-time high thanks to Coinbase's acquisition of Deribit.

Looking at the big picture, the global crypto market cap currently stands at $3.27 trillion, down just 0.13% with neutral investor sentiment. The Fear & Greed Index sits at 57 – neither fearful nor overly greedy.

One thing to watch out for this month: major token unlocks! We're looking at about $2.7 billion worth of unlocks in June 2025. Layer Zero will unlock 25.71 million ZRO tokens (worth about $59 million) on June 20th, representing over 23% of its circulating supply. Aptos will release 11.31 million APT tokens on June 12th, and Fasttoken has 20 million FTN tokens unlocking on June 18th. These events typically bring volatility, so plan your trades accordingly!

On-chain data from Glassnode shows a 12% increase in Bitcoin wallet addresses holding over 1 BTC as of today, suggesting the big players are accumulating during dips.

That's your crypto week in a nutshell! This is Crypto Willy signing off – stay sharp, HODL strong, and I'll catch you next time on Digital Assets Decoded!

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Digital Assets Decoded: Your Daily Crypto GuideBy Quiet. Please