According to the author, the crypto industry's shift away from its original cypherpunk principles, such as decentralization and resistance to centralized power, is evident in actions like Coinbase sponsoring political events and Ripple's extensive lobbying. This co-option by traditional financial entities could increase regulatory scrutiny and market volatility, potentially affecting trading prices for cryptocurrencies like BTC and ETH, as detailed in the article.

According to the author, Coinbase's sponsorship of political events, such as a military parade linked to President Trump, undermines crypto's original cypherpunk values of decentralization and could increase regulatory scrutiny and market volatility. This erosion of trust may affect investor sentiment, potentially leading to price fluctuations in major cryptocurrencies like BTC and ETH, as seen in current market data where BTC trades at $107,317 and ETH at $2,463.

According to Miles Deutscher, many traders are currently hesitant to check their crypto portfolios, reflecting widespread anxiety amid significant market downturns (Source: @milesdeutscher, Twitter, June 22, 2025). This sentiment signals ongoing volatility in major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), with traders wary of further short-term losses. The reluctance to review holdings often coincides with bearish momentum, increased sell-offs, and heightened market uncertainty, which can result in amplified price swings and decreased investor confidence.

According to Fox News, although Trump is not on the ballot, his influence is significantly shaping Tuesday’s high-stakes primary outcomes. Political uncertainty and potential policy shifts highlighted in the report are causing increased volatility in major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as traders assess the future regulatory environment. Fox News emphasizes that market participants are closely watching for signals that could affect digital asset regulation and adoption, making this primary a pivotal event for crypto trading strategies. Source: Fox News (foxnews.com/politics/trump…).

According to Lookonchain, June 16 data shows that 10 Bitcoin (BTC) ETFs recorded a net inflow of 2,864 BTC, worth $305.87 million, with BlackRock's iShares ETF leading the surge by adding 2,272 BTC ($242.6 million) and reaching a total holding of 671,795 BTC ($71.74 billion). In contrast, 9 Ethereum (ETH) ETFs experienced a net outflow of 3,748 ETH ($9.84 million), driven mainly by Fidelity's ETF, which saw 3,496 ETH ($9.18 million) withdrawn and now holds 465,263 ETH. These ETF flows indicate strong institutional demand for BTC, supporting bullish trading sentiment, while continued ETH outflows may signal caution or profit-taking among Ethereum investors. Source: Lookonchain (Twitter, June 16, 2025).