Binance Market Update – June 8, 2025

Cryptocurrency markets experienced a slight uptick overnight, with the global market cap reaching $3.28 trillion, as per CoinMarketCap data. Bitcoin (BTC) maintained its upward trend, fluctuating between $104,783 and $105,900 in the past 24 hours. At press time, BTC trades at $105,179, a modest increase of 0.23%. Many major cryptocurrencies saw mixed performance, with notable winners including GPS, RVN, and LPT, which experienced gains of 22%, 15%, and 12%, respectively. Key news stories dominating the day include speculation around the Fed’s stance on interest rates, India’s cautious approach to crypto regulation, Tether’s CEO dismissing IPO plans amid valuation discussions, and growing adoption of tokenization within Dubai’s real estate market. Bitcoin also reached a new record high for its realized market cap.