Crypto & Financial Markets Briefing for June 13, 2025 First, the trend of the market (1) Cryptocurrency market Today, the price of bitcoin has fallen significantly, and in the quotation of the Bitstamp platform, it has fallen below $103,000 / coin, and is now trading at 102973 US dollar / coin, down 5.23% in the day. Affected by the downward trend of Bitcoin, the entire altcoin market generally fell and was in a sideways correction stage. However, during this period, the performance of the Zhuang stocks was extremely active, and some funds frequently entered and exited these Zhuang stocks in search of profit opportunities. (2) Traditional financial markets U.S. stocks showed a rising trend in early trading this morning, and the three major indexes collectively closed higher. Among them, the Dow rose 0.24%, the S&P 500 hit a new high since the end of February, and the Nasdaq also edged up 0.24%. At the same time, the dollar index fell, falling by 0.79%, and most non-US currencies rose. In terms of the international situation, Israel is at war with Iran, which has sharply increased geopolitical risks and posed a potential threat to the stability of global financial markets. Second, the market hotspots (1) BN Listing Home and the new trend of DeFi The DeFi app launched by BN has become the focus of the market, and as a multi-chain abstract interaction platform, it has greatly lowered the threshold for users to use DeFi. In the past, users needed to face complex operations and high technical thresholds when switching between different public chains, but the emergence of this app simplifies the process and enables more ordinary users to easily participate in the DeFi ecosystem, which is expected to further promote the development and popularization of the DeFi market. (2) The performance of the public chain and related assets As a mainstream public chain, the price of Ethereum has fallen with the broader market. The related ETH microstrategy bet plummeted, which may be related to the current downward trend of the market as a whole and the change in investors' expectations for the future development of Ethereum. The market has certain concerns about whether Ethereum can continue to maintain its advantage in the face of emerging public chain competition, which will affect the price performance of related assets. (3) Game industry dynamics and capital acquisitions The main reason behind the rebound in gaming stock NXPC was the acquisition of its parent company, Nexon, by Tencent. As a giant in the game industry, Tencent's acquisition will not only further expand its game business territory, but also may bring more resources and development opportunities to NXPC, and the market is more optimistic about its future development prospects, which has promoted the recovery of NXPC's stock price. (4) Meme old coins rose sharply and market rumors Aura, Sigma, Spx and other old meme coins have risen sharply, and the market is rumored to be Murad sitting in the bank. Murad has a certain influence in the cryptocurrency market, and if it is really a banker, the operating logic and capital trends behind it are worth paying attention to. This kind of market sitting behavior may trigger short-term volatility in the market, and it also reflects the high speculative and uncertain nature of the MEME coin market.