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Bitcoin dips as Trump finalizes tariff deals with China

Despite the slight correction, Bitcoin is holding above the realized price of $106,900 registered by investors who bought BTC in the past 24 hours.

CryptoSlate

Jun 12

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Happy Thursday!

A volatile week in crypto sees Bitcoin holding the line above $106K despite fresh tariff deals from the Trump administration rattling global markets. On Capitol Hill, the Senate's 68-30 cloture vote fast-tracks the GENIUS Act, setting the stage for sweeping stablecoin regulation just as Bank of America reveals plans for a dollar-pegged token. Meanwhile, XRP ETF approval odds slip 10% ahead of next week's SEC deadlines, keeping investors on edge as Ripple's fate hangs in the balance. Dive into today's top stories shaping the digital asset landscape.

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The global crypto market cap is $3.38 trillion, with a 24-hour volume of $125.34 billion. The price of Bitcoin is $107,452.67, and BTC market dominance is 63.3%. The price of Ethereum is $2,734.70, and ETH market dominance is 9.8%. The best-performing sector is Rehypothecated, which gained 7%. The Crypto Fear & Greed Index is currently Greed (71).