Beyond the Charts: What Drove Crypto This Week? | by Tom Handy | Jun, 2025
Bitcoin continues to dominate, and altcoins are ready to take off
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The cryptocurrency market felt a little jolt last week, and Israel launched rockets into Iran, causing all cryptos to crash on Thursday evening. Crypto prices quickly rebounded, showing their resilience to moves like this.
This week, all action is focused on the potential for the Fed to lower interest rates.
Over the past seven days, the top 100 altcoins were mixed as many cryptos experienced single and double-digit gains and losses. Bitcoin finished the week slightly down by less than a percent.
Whales are staying long, trying to push Bitcoin higher to set a new all-time high. Last Monday, Bitcoin reached $110,266 before falling.
Bitcoin (BTC) Performance
Price Action: Bitcoin started the week at $107,115 and closed the week at $106,257.
Bitcoin reached a high of $110,266 on June 9 and dropped to a low of $103,639 on June 12. Bulls are trying to keep the price above the psychological level of $100,000.