Crypto Troofs - June 11, 2025BTC Anchors Crypto Surge, SOL ETF Hopes Soar, SPX’s Meme Crown ShinesTrade Wins and DeFi Fire Fuel Market Momentum

TL;DR

BTC stays steady, SOL eyes ETF nod—HYPE and SPX hit ATHs, ETH tops BTC perps. NASDAQ rises, CPI dips, U.S.-China trade deal nears—SPX and REKT lead degens in choppy waters.

Main Crypto News: Crypto’s DeFi Wave Gains Steam

Bitcoin held steady today, unfazed by CPI noise, anchoring a crypto market where Ethereum notched a modest rise and Solana outshone with a strong uptick, fueled by whispers of imminent SEC approval for SOL staking ETFs. This DeFi momentum carried HYPE to another all-time high, sparking a rally in coins like UNI and AAVE, as ETH’s perpetual volume eclipsed BTC’s over 24 hours, reclaiming its 200-day moving average.

Metalpha’s multimillion-dollar ETH buy underscores this confidence, while Saylor’s bold claim that bear markets are gone and Bernstein’s “conservative” $200K BTC prediction add fuel. Senator Lummis’ push to overhaul crypto tax laws dovetails with the SEC’s review of 21Shares’ SUI ETF, signaling regulatory shifts as 60% of Fortune 500 explore crypto projects. Synaptogenix’s TAO acquisition and Bullish’s IPO filing weave into xAI’s plan to merge Polymarket with X data and Grok, painting a future where DeFi and tech converge.

Macro Trad-Fi: Trade Deals Temper CPI Jitters

Despite a lower-than-expected CPI reading it can spark choppy trading so stay sharp, don’t get cocky—NASDAQ edges up, riding optimism from U.S.-China, Mexico, and India trade talks nearing deals, with Lutnick calling progress “really well.” China’s $1.5T real estate fund and platinum’s four-year high reflect shifting tides, though the World Bank’s 2.3% global GDP forecast and Trump’s openness to Elon reconciliation keep markets on edge.

ChadFi: SPX and REKT Reign in DeFi’s Wilds

SPX’s $1.5B all-time high crowns ETH memes, joined by USA and RETARDIO, while REKT nears a peak at $130M. Farworld and Milady NFTs glow, and PumpFun’s $15M SOL transfer to Kraken signals degen hustle.