The Top Cryptos Right Now Aren’t Tokens: Here’s What’s Leading the Crypto Market
The post The Top Cryptos Right Now Aren’t Tokens: Here’s What’s Leading the Crypto Market appeared on BitcoinEthereumNews.com. Key Insights: Crypto equities are outperforming major tokens TradFi adoption and regulation are driving this cycle Few public crypto firms, high investor demand Altcoins suffer from oversupply and weak demand Crypto equities have outpaced major tokens this month, with Circle Internet Group surging 162% since its June 2025 IPO, Coinbase jumping 43% in June, and Robinhood up roughly 30–35% over the last 30 days. Crypto Equities Lead the Crypto Rally Circle Internet Group (CRCL) debuted on June 7, 2025, at $31 and closed June 30 at $81, marking a 162% rise in three weeks. Coinbase Global Inc. (COIN) was added to the S&P 500 on May 19 and led that index in June with a 43% gain. Robinhood Markets (HOOD) likewise climbed from $77.86 on June 23 to $84.52 on June 26, a 8.5% gain in three trading sessions and roughly 30% over 30 days. Bitcoin has gained just 15% in H1 2025, trading around $107,500 on June 30, up from $93,500 at year‑start. Ethereum barely budged, slipping 3.5% from its $2,521 peak on June 20 and trading near $2,500 at month‑end. Solana posted a 2.7% drop over 30 days, moving between $131 and $153 since June 1. Source: Yahoo Finance Analysts point to a classic supply‑demand imbalance. TradFi allocators command trillions in capital but have only a handful of public crypto‑focused firms. Circle, Coinbase and Robinhood together represent under $150 billion in market cap versus $2 trillion chasing direct token exposure. ARK Invest sold $110 million of Circle shares on June 24 but bought $24.4 million of Robinhood and $1.3 million of Coinbase stock the same day . Bernstein lifted its price target on Coinbase by 65%, while Barclays and Goldman Sachs initiated coverage on Circle post‑IPO, according to a Reuters report. MicroStrategy’s Proxy Role MicroStrategy Inc. (MSTR) has gained 5.4% in the past 30 days and 32.6% year‑to‑date, driven entirely by its 423,650‑coin Bitcoin treasury.…
The post The Top Cryptos Right Now Aren’t Tokens: Here’s What’s Leading the Crypto Market appeared on BitcoinEthereumNews.com.
Key Insights: Crypto equities are outperforming major tokens TradFi adoption and regulation are driving this cycle Few public crypto firms, high investor demand Altcoins suffer from oversupply and weak demand Crypto equities have outpaced major tokens this month, with Circle Internet Group surging 162% since its June 2025 IPO, Coinbase jumping 43% in June, and Robinhood up roughly 30–35% over the last 30 days. Crypto Equities Lead the Crypto Rally Circle Internet Group (CRCL) debuted on June 7, 2025, at $31 and closed June 30 at $81, marking a 162% rise in three weeks. Coinbase Global Inc. (COIN) was added to the S&P 500 on May 19 and led that index in June with a 43% gain. Robinhood Markets (HOOD) likewise climbed from $77.86 on June 23 to $84.52 on June 26, a 8.5% gain in three trading sessions and roughly 30% over 30 days. Bitcoin has gained just 15% in H1 2025, trading around $107,500 on June 30, up from $93,500 at year‑start. Ethereum barely budged, slipping 3.5% from its $2,521 peak on June 20 and trading near $2,500 at month‑end. Solana posted a 2.7% drop over 30 days, moving between $131 and $153 since June 1. Source: Yahoo Finance Analysts point to a classic supply‑demand imbalance. TradFi allocators command trillions in capital but have only a handful of public crypto‑focused firms. Circle, Coinbase and Robinhood together represent under $150 billion in market cap versus $2 trillion chasing direct token exposure. ARK Invest sold $110 million of Circle shares on June 24 but bought $24.4 million of Robinhood and $1.3 million of Coinbase stock the same day . Bernstein lifted its price target on Coinbase by 65%, while Barclays and Goldman Sachs initiated coverage on Circle post‑IPO, according to a Reuters report. MicroStrategy’s Proxy Role MicroStrategy Inc. (MSTR) has gained 5.4% in the past 30 days and 32.6% year‑to‑date, driven entirely by its 423,650‑coin Bitcoin treasury.…
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