June 2025 marked a modest growth in crypto markets, with stablecoins being the major winners, according to a report by Binance Research.
Overall Growth of Crypto Markets
Crypto markets remained bullish, yet volatility persisted. The total crypto market cap increased by 2.62% despite turbulence caused by the Israel-Iran conflict.
The Impact of the Genius Act
The passage of the Genius Act in the U.S. Senate served as a significant catalyst for stablecoin adoption. The legislation introduced a regulatory framework for stablecoins, prompting numerous companies to enter the market. Circle's USDC led the charge, accounting for 79% of net stablecoin issuance in June.
ETF Dynamics and Market Liquidations
Despite market turbulence, ETF inflows were substantial. Net inflows for Bitcoin ETFs stood at $4.5 billion, while Ethereum ETFs saw $1.16 billion. However, traders faced significant liquidations especially amid the Israel-Iran conflict.
June 2025 proved to be a pivotal month for crypto markets, marked by steady growth in stablecoins and significant ETF inflows. The passage of new legislation also provided fresh impetus for market development.
