Daily Market Dispatch – June 20, 2025 Bitcoin stands tall as geopolitical risks mount Overview In a week overshadowed by intensifying geopolitical tensions between Israel and Iran, Bitcoin's resilience shines. Despite global equities being cautious, crypto markets appear increasingly immune to volatility once driven by geopolitical uncertainty. As U.S. President Donald Trump softens his rhetoric on potential military action against Iran, markets breathe a temporary sigh of relief—yet Bitcoin has maintained its composure throughout, underscoring its emerging status as a mature macro asset. Bitcoin Bitcoin trades steadily above $106,000, reflecting minimal disruption from the escalating Middle East conflict. After briefly testing levels near $104,000, BTC swiftly reclaimed its footing, confirming solid institutional and investor support. Historical volatility continues to decline, marking Bitcoin’s shift from reactive speculation toward a stable cornerstone within diversified portfolios. Ethereum & Altcoins Ethereum sits comfortably at $2,553, mirroring Bitcoin's tempered optimism. XRP encountered significant profit-taking above $2.10, as early investors locked in substantial gains, realizing nearly $69 million in profits. Despite recent regulatory clarity bolstering XRP’s fundamentals, heavy selling at resistance levels is capping near-term upside. The broader altcoin sector remains stable, though cautious sentiment prevails without decisive directional catalysts. Macro & Equities U.S. equity futures slipped overnight, reflecting investor jitters over potential escalation between the U.S. and Iran. Trump's softened diplomatic tone, suggesting negotiation rather than immediate military action, steadied nerves, lifting European stocks moderately higher and pulling Brent crude prices back by 2.3% to around $77 a barrel. However, lingering uncertainties keep markets wary, and Berkshire Hathaway remains under notable pressure, down more than 10% since Warren Buffett’s announced departure. Institutions Institutional crypto adoption presses forward unabated. Nasdaq-listed healthcare firm Prenetics unveiled a $20 million Bitcoin treasury strategy, affirming Bitcoin's growing corporate appeal. Meanwhile, Arizona lawmakers advanced a state-administered Bitcoin and Digital Assets Reserve Fund, underscoring increasing governmental integration of digital assets. The U.S. Senate's landmark passage of the GENIUS stablecoin bill further boosts the sector's regulatory clarity and institutional appeal. Looking Ahead Traditional markets remain sensitive to diplomatic headlines between the U.S., Iran, and Israel, and upcoming U.S. inflation data could further shape sentiment. However, Bitcoin’s recent stability highlights its matured role as a reliable macro hedge, capable of absorbing geopolitical shocks that once triggered volatility. — Stella Zlatareva, Nexo Dispatch editor For informational purposes only; not financial or investment advice.