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June 13, 2025
Crypto markets kicked off the week on a positive note but now appear to be heading toward a negative close. The macro spotlight was on U.S. inflation, which came in cooler than expected: May’s Consumer Price Index (CPI) rose just 0.1% from the previous month and 2.4% year-over-year. The cooler print helped ease concerns about potential inflationary pressure from tariffs.
Following the report, the Trump administration reiterated its preference for lower interest rates, though the Federal Reserve is widely expected to hold rates steady at the upcoming meeting. The market’s pricing currently reflects no expectation of a rate cut. Separately, the U.S. confirmed that tariffs on Chinese imports will remain in effect, keeping trade tensions in focus.
Weekly performance: +2.65%
Year-to-date (YTD) performance: +11.36%
Bitcoin (BTC) hovered near the $110,000 mark earlier this week, briefly approaching its all-time highs (ATH), before experiencing a sharp decline toward the end of the week. The cryptocurrency initially posted a gain of over 4%, only to reverse course and fall more than 6%, underscoring the week’s heightened volatility. This price action raised the possibility of BTC forming a local double top — a bearish technical pattern. A decisive break below the $102,000 support level would confirm this formation, potentially paving the way for further downside momentum.
Weekly performance: +4.2%
Year-to-date (YTD) performance: -24.44%
After briefly breaking above its 200-day moving average (MA)—a key resistance level that had capped prices until recently—Ethereum (ETH) advanced earlier this week. However, the rally proved short-lived as ETH encountered strong resistance at the $2,800 mark, a historically significant price level. Since that rejection, ETH has declined by more than 10% from its recent highs. If bearish momentum continues, a retest of the range lows near $2,400 appears likely—an important support level we highlighted in last week’s Crypto Weekly.
Weekly performance: -0.37%
Year-to-date (YTD) performance: -24.07%
Solana (SOL) has fallen below the crucial $145 support level, indicating continued weakness and recent underperformance. If it doesn’t manage to close back above that level soon, there could be more downside ahead. The next key level to watch is around $125, which might act as the next area of support.
Weekly performance: +6.73%
Year-to-date (YTD) performance: +47.42%
Solv Protocol (SOLV) recorded a 5.81% gain during Thursday’s session, outperforming the broader crypto market, which traded in the red. This makes SOLV one of the day’s standout performers and places it on Flipster’s Top Movers list. Currently, SOLV is trading within the $0.04 to $0.047 range and is finding support at its 10, 21, and 50MAs. A successful break above the upper boundary of $0.047 could extend SOLV’s recent momentum and reinforce its outperformance. Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with a significant risk of loss due to its high price volatility, and is not suitable for all investors. Please refer to our Terms.