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📊 Weekly Crypto Recap | June 16-22

Markets got hit hard last week.
U.S. airstrikes on Iran’s nuclear sites + Iran’s threat to block the Strait of Hormuz sent oil fears soaring. BTC dipped below $100K for the first time this month – but was quickly bought back. Altcoins? Not so lucky.

Here’s what else shook the markets:

🇺🇸 Texas just approved a state-run BTC reserve – a mini-Fed in Bitcoin.
📈 BlackRock now holds over 683K BTC – that’s 3% of total supply.
🪙 Strategy bought another 10,100 BTC ($1.05B). Their stack? 592K BTC.
🇪🇺 Coinbase secured a MiCA license in the EU – full legal access to the bloc.
🪐 Jupiter DAO froze voting until 2026.
🇺🇸 US national debt crossed $37T

🔗 Full breakdown now live in our Blog.

💙 @SimpleSwap ◦ Website ◦ X ◦ Discord ◦ YouTube ◦ support@simpleswap.io
SimpleSwap | Cryptocurrency exchange blog Weekly Crypto Market Wrap June 16-22, 2025 | SimpleSwap A volatile week in crypto saw geopolitical shocks, major institutional Bitcoin moves, ETF optimism, and regulatory breakthroughs, signaling deeper integration of crypto into global finance. Read more in our article on the SimpleSwap Blog
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