Here’s a quick recap of the crypto landscape for Monday (June 16) as of 9:00 a.m. UTC.
Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ethereum price update
Bitcoin (BTC) was priced at US$107,168, an increase of 1.9 percent in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$104,627 and a high of US$107,715.
Bitcoin price performance, June 16, 2025.
Chart via TradingView
Bitcoin rose about 2 percent in the last 24 hours, bouncing back from a weekend drop linked to tensions between Israel and Iran. The recovery came as global markets steadied and investor interest in crypto derivatives picked up.
Ethereum (ETH) is currently priced at US$2,628.31, a 3.9 percent increase over the past 24 hours, after reaching an intraday low of US$2,494.15 and a high of US$2,652.36.
Altcoin price update
- Solana (SOL) is priced at US$156.88, up 3.8 percent over 24 hours. SOL experienced a low of US$148.71 and reached a high of US$157.61 as of Monday.
- XRP is trading at US$2.20, up by 5.0 percent in 24 hours. The cryptocurrency’s lowest valuation today was US$2.14, and its highest was US$2.28.
- Sui (SUI) is trading at US$3.13, showing an increaseof 3.9 percent over the past 24 hours. It reached an intraday low of US$2.97 and a high of US$3.15.
- Cardano (ADA) is priced at US$0.6471, up 2.8 percent over the past 24 hours. Its lowest valuation as of Monday was US$0.622, and its highest valuation was US$0.6525.
Today’s crypto news to know
Strategy buys another US$1.05 billion worth of Bitcoin
Michael Saylor’s Strategy (NASDAQ:MSTR) has added another US$1.05 billion in Bitcoin to its balance sheet, acquiring 10,100 BTC between June 9 and June 15, per a new SEC filing.
This brings the company’s total holdings to over 592,000 BTC — purchased at a cumulative cost nearing US$42 billion since August 2020.
Despite bitcoin’s recent price volatility, Saylor reaffirmed the firm’s “buy and hold indefinitely” strategy and its mission to promote BTC as a global reserve asset.
Shares of Strategy initially slipped 0.4 percent on the news, even as the S&P 500 climbed 1 percent.
Nonetheless, the company’s long-term bet on bitcoin has paid off handsomely: its stock is up nearly 3,000 percent since entering the crypto space, compared to a 78 percent gain for the S&P over the same period.
Vietnam passes landmark law to regulate Crypto
Vietnam’s National Assembly has officially passed the Law on Digital Technology Industry, making it the country’s first legal framework that directly regulates cryptocurrencies and virtual assets.
Set to take effect on January 1, 2026, the law separates digital assets into two core categories — crypto and virtual — excluding traditional securities and CBDCs from its scope.
The legislation also empowers the central government to define asset classes and regulate compliance standards around anti-money laundering, cybersecurity, and terrorism financing.
Officials said the move responds to “persistent gaps” flagged by the Financial Action Task Force (FATF), which gray-listed Vietnam in 2023 for weak AML controls. Analysts believe the law could pave the way for FATF delisting and unlock further international investment.
In parallel, the law extends incentives like tax relief and land-use perks to AI, chip, and data center firms — a clear attempt to position Vietnam as a hub in the global semiconductor supply chain.
Trump Media files for Bitcoin–Ether ETF
Donald Trump’s media empire is doubling down on digital assets, filing for a dual Bitcoin and Ethereum ETF under the Truth Social brand.
The proposed ETF, which aims to offer direct exposure to BTC and ETH, will be managed by Yorkville America Digital and marketed as a low-barrier, cost-effective gateway into crypto investing.
This follows the firm’s earlier filing for a standalone Bitcoin ETF and public plans to use debt financing to buy BTC outright.
Critics warn of potential conflicts of interest as Trump simultaneously promotes crypto policy and holds a controlling stake in Trump Media, now valued in the billions.
The White House has denied any crossover influence, saying the president is “walled off” from personal business decisions.
Meanwhile, Trump Jr. and Eric Trump have been actively marketing crypto products and even launched a new “Trump Phone” — all under a nationalist “Made in America” campaign that plays well with Trump’s base.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
