Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to read what experts say about Bitcoin (BTC) relative to the dollar index (DXY) amid Trump’s tariff uncertainties and prevailing geopolitical tension in the US. Investors perceive Bitcoin as a hedge against currency devaluation, but recent developments put this outlook into question.
Crypto News of the Day: Every Pocket of Money Will Flow Into Bitcoin as Fiat Collapses, Max Keiser Says
In a recent report, Coinbase said that Bitcoin’s upward trend will continue through the second half (H2) of 2025. According to the US-based exchange, tailwinds will draw from macro factors and corporate adoption.
The report highlights key trends that, according to Coinbase, would define crypto markets in H2.
Focusing on an improving macroeconomic outlook, Coinbase cited reduced recession risks as the first trend. The platform noted a more optimistic US economic growth outlook, particularly as the Federal Reserve (Fed) is likely to cut interest rates by late 2025.
It cited rising liquidity metrics such as the US M2 money supply and expanding global central bank balance sheets.
“…conditions are unlikely to cause asset prices to revert to 2024 levels,” read an excerpt in the report.
This implies Bitcoin’s upward trend will likely continue. Coinbase also pointed to strong short-term corporate demand. The report highlighted companies increasingly viewing crypto as an asset allocation tool.
With nearly 228 public companies holding 820,000 BTC globally, and others investing in ETH, SOL, and XRP, Coinbase anticipates more growth for Bitcoin. Against this backdrop, BeInCrypto contacted experts for insights.
Speaking to BeInCrypto, Bitcoin pioneer Max Keiser echoed the sentiment, calling it an example of how Bitcoin is entering a new era of institutional-led price discovery.
“Each and every pocket of money sitting in private, corporate, institutional and sovereign accounts will convert into Bitcoin as the 300-year experiment in fiat money and central banking crashes into oblivion,” Max Keiser told BeInCrypto.
Meanwhile, recent developments align with Keiser’s remarks concerning fiat money crashes. Data on TradingView shows the US dollar index (DXY) is falling, testing levels last seen in 2022.
The latest drop brings April headlines to mind, when Trump pushed to remove Federal Reserve Chair Jerome Powell.
As it happened this week, the subject resurfaced, with rumors floating the current US Treasury Secretary Scott Bessent as a potential candidate.
These rumors remain unconfirmed. However, as reported in a recent US Crypto News publication, additional forces may also be at play, including the uncertain status of US-China trade deals.
Additional factors include the Israel-Iran war, which, as another US Crypto News publication explains, threatens to exacerbate inflation in the US by influencing oil prices.
Meanwhile, amid the geopolitical tension, Bitcoin’s position as a safe haven during a crisis is in question, with gold proving a more preferred choice among investors.
Charts of the Day
This chart shows a steady drop in the US dollar index since January, recording a progressive slope to 98.46 as of June 13.
This chart shows the US DXY has dropped to levels last seen in March 2022 after rising past the 122 level in 2023 and topping out around 110 in January 2025.
Byte-Sized Alpha
Here’s a summary of more US crypto news to follow today:
- Bitcoin ETFs saw $85 million in inflows yesterday, marking the fourth straight day of positive movement despite slowing momentum.
- The SEC reversed several controversial crypto proposals, including Rule 3b-16 and the expanded Custody Rule, marking a policy shift under new leadership.
- Trident Digital Tech Holdings plans to raise $500 million to acquire XRP tokens and establish a corporate treasury.
- Ethereum plunges over 10% as geopolitical tensions between Israel and Iran trigger market uncertainty.
- Bitcoin Dominance (BTC.D) rose by 1.4%, from 63.8% to 64.7%, as altcoins faced steeper losses amid the market downturn.
- XRP faces a $256 million panic sell-off, with 116.72 million XRP sold in 24 hours, but positive funding rates show traders remain hopeful for a price rally.
- Bitcoin (BTC) faces increasing selling pressure with spot outflows rising amid geopolitical uncertainty in the Middle East.
- Aerodrome Finance (AERO) surged 35% after Coinbase integrated Base chain DEX services into its app, boosting visibility.
Crypto Equities Pre-Market Overview
Company | At the Close of June 12 | Pre-Market Overview |
Strategy (MSTR) | $379.76 | $375.00 (-1.25%) |
Coinbase Global (COIN) | $241.05 | $237.42 (-1.51%) |
Galaxy Digital Holdings (GLXY) | $19.42 | $19.15 (-1.39%) |
MARA Holdings (MARA) | $15.82 | $15.44 (-2.40%) |
Riot Platforms (RIOT) | $10.21 | $9.93 (-2.74%) |
Core Scientific (CORZ) | $12.14 | $11.85 (-2.39%) |
The post Bitcoin Breakout Expected Amid Dollar Crisis, Says Max Keiser | US Crypto News appeared first on BeInCrypto.