June 25 news, according to 4E observation, as of 14:00 (UTC+8) on June 25, 2025, Bitcoin (BTC) was reported at US$106,200, rising by about 0.8% in the past 24 hours, slightly higher than yesterday, and the market showed a shock and recovery. The intraday high hit $106,790, the low fell to $104,800, and the overall range remained within the $105,000 - 107,000 range. Mainstream currencies were divided, with Ethereum (ETH) rising about 2% to US$2,470, while Solana (SOL) and Cardano (ADA) rose 1.5% and 1.2% respectively. The market value of the overall crypto assets rose to approximately US$3.28 trillion, and trading activity rebounded from the previous day. Internationally, the global financial market is mainly influenced by three main lines: Federal Reserve officials have voiced their voices: the Vice Chairman of the Federal Reserve mentioned in public that "waiting for further confirmation of inflation and employment data before deciding on the next step", which has led the market to expect a rate cut in July in the short term. Heating up to provide support for risky assets. Stable situation in the Middle East: Although conflicts earlier this month caused risk aversion in the market, the latest reports said that all parties reached a preliminary peace agreement and safe-haven funds returned to the equity, bond and crypto markets. The stablecoin reform is approaching a critical juncture: the U.S. GENIUS bill has once again received support from the Senate, and the EU MiCA has completed the revision of relevant implementing regulations, and the encryption regulatory structure has gradually become clearer, providing policy guarantees for the development of the industry. Compliance and the positive macro environment continue to play an important role, gradually improving short-term market sentiment. On-chain data shows that long-term funds have returned to Bitcoin to hold positions, and the trend of institutional entry has increased significantly. Overall, the encryption market has shown a moderate recovery trend in the past 24 hours, and we need to continue to pay attention to the constraining impact of macro policies and geopolitical dynamics. 4E reminds investors that although the market has recovered moderately, the volatility is still high. It is recommended to control positions, set reasonable stop losses, and pay close attention to macro and policy change risks.