Crypto Bloodbath: Why Are Digital Assets Tanking on June 19, 2025?

Crypto markets are taking a nosedive today—here’s what’s driving the sell-off.

Market jitters or something bigger? Traders scramble as Bitcoin and altcoins bleed out.

Regulatory ghosts haunt the space (again). Another ‘protective’ crackdown or just old-fashioned FUD?

Liquidity crunch? Whales dumping or leveraged longs getting vaporized? The charts don’t lie—but they do hurt.

Remember: Wall Street still hates volatility unless they’re the ones causing it. Buckle up.

Crypto Winners & Losers

Four of the top 10 coins per market cap are red and four are green today (not taking the two stablecoins into account), but most are up/down below 0.5%, meaning that they are practically unchanged.

fell by 0.1%, meaning it hasn’t really changed since this time yesterday, now trading at $104,812.

Also,has increased by 0.1%, therefore also standing unchanged at $2,524.

saw the highest increase in this category of just 0.4%, to the price of $2.16. The highest decrease is1.3% to $145.

Moreover, unlike yesterday, when only two of the top 100 coins saw their prices rise, 30 have increased today.is the best performer for the second day in a row, having increased by 9% to $0.1779, followed by7.8% to $0.1836.

At the same time,recorded the highest decrease today, falling 5.4% to the price of $37.93.

As for Kaia (formerly), the L1 chain announced support forin May. A few days ago, it revealed that an increasing number of wallets and CEXs support USDT on Kaia.

Yesterday, the team announced, saying it’s an all-in-one gateway to the chain. It’s built by, an on-chain data service and solution provider.

Kaia Hub is live!

Your all-in-one gateway to explore @KaiaChain just got easier.
Track assets, discover dApps, swap tokens, and more.

Built by @Xangle_official to celebrate their GC membership.
Dive in: https://t.co/zTpHEKUGED https://t.co/yjAXvWg8cQ

Inflation is Still in the Cards

Glassnode found that, unlike yesterday, funding rates have turned positive for BTC and ETH.

Funding rates have turned positive for $BTC (0.0049%) and $ETH (0.0062%) – a rebound from yesterday. $DOGE leads at 0.0092%, $SOL hovers just above neutral (0.0012%), while $TRX turned negative (-0.0087%).

Check the full asset list regularly – it's free: https://t.co/pROAnkfPmZ pic.twitter.com/GyrpQvSAwn

Theheld a policy meeting on Wednesday, with investors across the board paying close attention. Fed Chair Jerome Powell said that policymakers are “well positioned to wait” on rates.

Powell “noted that uncertainty has diminished and that the Federal Reserve expects inflation to MOVE toward its target in the coming months,” commented Ruslan Lienkha, Chief of Markets at. But “the broader macroeconomic landscape suggests that geopolitical tensions and tariff policies could still exert upward pressure on U.S. inflation.”

Rising inflation is a mixed bag for crypto. While crypto, particularly BTC, can be seen as a hedge against inflation, an increase in inflation can also result in rising interest rates. This subsequently can turn investors’ attention away from digital currencies.

Powell “aimed to reinforce confidence in the disinflationary trend,” and he “emphasized the overall strength of the U.S. economy,” Lienkha says. This “provides the Fed with the flexibility to maintain elevated interest rates for an extended period. Markets interpreted these remarks as somewhat mixed, with a potentially hawkish undertone.”

Therefore, “as a result, equity indices may enter a period of consolidation in the coming month, a dynamic that could also be reflected in Bitcoin’s price behavior.”

Levels & Events to Watch Next

At the time of writing, BTC trades at $104,812, unchanged since this time yesterday. It has seen quite a choppy 24 hours, more turbulent than we’ve seen it in a while. It attempted to hold the $105,000 level several times, but ultimately failed.

In the same period, it fell to the $103,830 level several times, but managed to recover.

At the same time, ethereum is currently trading at $2,524, also unchanged since yesterday. Similarly to BTC, it had had a few choppy hours before finding a more stable range over the past few fours. The price saw an intraday low of $2,471, while it also hit an intraday high of $2,541.

Moreover, as the market in general, the crypto market sentiment is also unchanged today. The Fear and Greed Index still stands at 48. As the fear increases, so do the buying chances, but the sentiment still has room to return to the greed territory.

Meanwhile, on 18 June, US BTC spot exchange-traded funds (ETFs) saw net inflows for the 8th consecutive day, with $389.57 million.recorded $278.93 million, andtook in $104.38 million. The cumulative total net inflow is $46.65 billion.

At the same time, US ETH spot ETFs recorded net inflows of $19.1 million. BlackRock saw $15.11 million, andsaw $3.99 million. The cumulative total net inflow ROSE to $3.91 billion.

Meanwhile, Canadian digital asset firmfiled for listing on theas part of its US market expansion strategy.

Also in the US, Senator Cynthia Lummis is putting pressure on Congress to fast-track clear crypto legislation following the Senate’s approval of the GENIUS Act on Tuesday. While this approval brought the country “one step closer to being a welcoming home for digital assets,” Congress still needs to pass market structure legislation as a whole in order to make the US the global “crypto capital,” Lummis argued.

Today brings us one step closer to becoming a welcoming home for digital asset companies. Now, let’s finish the job & pass market structure legislation to fulfill @POTUS' vision of becoming the crypto capital of the world. pic.twitter.com/tyz6Kbc5qK

Quick FAQ

The crypto market has been red over the last day, while the stock markets have seen quite a mixed picture. Thewent down by 0.031%, theincreased by 0.0028%, and thefell by 0.1%. This is the response to the US Federal Reserve not changing interest rates as economic uncertainty persists. Investors continue to monitor developments in the Middle East.

The dip may continue over the short term, based on the current geopolitical and economic turbulence. A continuation of the rally is possible, prompted by regulatory developments, but the overall global situation may drag the prices lower as investors seek stable footing.