Bitcoin experienced a turbulent week, but the weekend brought a solid recovery. After being rejected at $67,000 early in the week and dipping to $62,400 on Friday, the leading cryptocurrency clawed back to over $63,000 by Saturday morning, then touched $64,400 on Saturday afternoon. The initial spike was sparked by President Trump’s announcement of a US–Iran deal expected to be signed by June 19, but the failure to finalize and a hawkish FOMC meeting kept gains in check. A ceasefire between Israel and Lebanon added late support. Bitcoin’s market cap now stands around $1.27–$1.28 trillion, with dominance above 56%.
Among altcoins, Solana (SOL) reclaimed the $70 level and rose further to $73 on Saturday, while Hyperliquid (HYPE) also traded near $70, both posting gains of 4–5%. Privacy coin Zcash (ZEC) surged 4% to above $470. The standout performer was LAB, which soared 25% on Saturday to trade above $15, pushing it toward the top‑20 altcoins by market cap after a 230% monthly rally. In contrast, Monero (XMR) and ONDO saw slight losses. The total crypto market cap recovered to approximately $2.29 trillion.
