By the stroke of Saturday noon on June 14, the grand crypto economy found itself at $3.26 trillion—down $210 billion in a mere 72 hours. Yet, as if mocking the despair, Aerodrome Finance (AERO) soared a sprightly 37.08%, and Klaytn (KLAY) climbed with the tenacity of a cat escaping bath time, up 36.12%.
The market cap—because that’s a thing we still pretend matters—hit $1.25 billion, making FARTCOIN a top-20 memecoin. Your family still doesn’t understand your job, but now it’s vaguely more embarrassing.
Enter The Great Crypto See-Saw: ETH vs. BTC
But fear not, for the Ethereum Foundation has ridden to the rescue, donating a cool $500,000 to Storm’s defense fund. And, in a show of solidarity, they’ve pledged to match up to an additional $750,000 in donations from the crypto community. 💸
While the price bounced, on-chain data revealed that whales and spot traders might be fueling a broader shift.
On June 13, CryptoBro-in-Chief Trump flexed his digital muscles and filed his 2025 public financial disclosure. Basically, a 200+ page love letter to the US Office of Government Ethics detailing his bank accounts, investments, and, yes, that sweet, sweet $57.4 million in crypto. No word yet on whether his password was “covfefe.”
The Treasury’s June 3rd and June 10th buybacks, which are record-breaking in size, allow the agency to repurchase securities maturing between May and July of this year.
Ethereum (ETH), the digital currency that has seen its fair share of ups and downs, was trading at $2,530 at the last check on Saturday, confined within a narrow range it has stubbornly clung to since May 10. This price, a mere 85% above its lowest point in April, serves as a testament to the resilience of this digital asset. 🌟
Here are the major headlines on what happened in the crypto industry this past week: