Binance Market Update: Crypto Trends & Top Stories – June 1, 2025

The global cryptocurrency market cap reached $3.25 trillion on June 1, 2025, increasing by a modest 0.27% in the past day. Bitcoin (BTC) traded between $103,286 and $104,900 within the last 24 hours, closing at $104,021 this morning, up 0.51%. A mixed picture emerged among major cryptocurrencies; ACA, ZEN, and TUT led with gains of 27%, 18%, and 17% respectively. Top news headlines included: Panama City’s Mayor announced Bitcoin initiatives at the 2025 Conference, while Bitcoin advocates lauded it as an ideal asset. Meanwhile, El Salvador increased its Bitcoin holdings by 8 BTC. The ETH/BTC exchange rate shows bullish patterns, suggesting potential for further price rise. SEC raised concerns regarding Solana and Ether Staked ETFs, while analysis revealed that Bitcoin’s June performance has been mixed since 2013. Here’s a look at the notable market movers: ETH dropped 1.01% to $2493.71, XRP gained 0.15% to $2.1368, and BNB fell 0.45% to $650.71. SOL declined 1.33% to $151.77, while DOGE saw positive momentum with a gain of 0.22% to $0.1879. ADA dropped 0.74% to $0.66, and TRX slipped 0.11% to $0.268. WBTC climbed 0.54% to reach $104004.82. TRUMP gained a significant 2.99% to $11.02. SUI jumped 2.47% to reach $3.218, while #DOGE, #BTC, #SEC, #XRP, #BNB, and #ETH remain popular tags.