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What to Expect in the Crypto Market Next Week

  • Next week's crypto market trends will be influenced by macro-economic factors and geopolitical tensions, with attention on Iran's potential response to a U.S. airstrike.
  • Bitcoin, Ethereum, XRP, and Solana saw a slump following the recent market-wide crash, with Bitcoin briefly dropping below $100,000.
  • Regulatory developments, including the U.S. Senate passing the GENIUS Act, offer potential for more crypto-friendly legislation, while SEC scrutiny and Thailand's SEC blocking trading platforms pose regulatory risks.
  • Institutional investments continue to flow into Bitcoin, impacting market dynamics.
  • Key events to monitor next week include the Injective Summit on June 26 and U.S. economic data releases such as existing home sales, Consumer Confidence, and PCE prices.

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