On a Sunday, the 15th of June, 2025, the crypto economy, like a ship on a calm sea, edged up 0.92%, cruising at a total valuation of $3.29 trillion. Gold, the old miser’s delight, ticked higher by 1.37%, and silver, the more modest of the two, posted a modest 0.17% gain against the U.S. dollar over the past 24 hours. Meanwhile, last week’s stock market momentum, which had been as steady as a horse-drawn carriage, faded after an Israeli airstrike on Iran prompted a counterattack. At the same time, Israel has called on the U.S. to take action against Iran’s reported nuclear ambitions, as if the world needed another reason to hold its breath.
This weekend, markets remained on edge, and up until June 12, 2025, U.S. equities had been climbing steadily—until Israel, in a move that could only be described as a dramatic flourish, launched strikes on Iran, targeting nuclear sites, military targets, and high-ranking officials. By Friday, June 13, the mood had shifted sharply, with U.S. stock indexes closing in the red: the Dow Jones fell 1.79%, the Nasdaq dipped 1.3%, the S&P 500 slid 1.13%, and the NYSE Composite lost 1.08%, bringing the recent bull streak to a screeching halt amid rising Middle East tensions.
In a brief exchange reported by ABC’s Rachel Scott this weekend, she asked U.S. President Trump about Israel’s push for American support in dismantling Iran’s alleged nuclear program. “We’re not involved in it,” Trump told the reporter, with a shrug that could have been mistaken for a dance move. “It’s possible we could get involved. But we are not at this moment involved,” he added, as if he were discussing the weather rather than the fate of nations.
On Truth Social, Trump took a victory lap for brokering peace deals during his first term, pointing to efforts in hotspots like India-Pakistan, Serbia-Kosovo, and Egypt-Ethiopia. He further voiced optimism that Israel and Iran could strike a deal soon, crediting diplomatic momentum to their sway. Trump also slammed the Biden administration for making “some very stupid decisions” that “hurt the longer term prospects,” but vowed he’d make things right again, as if he were a magician about to pull a rabbit out of a hat.
He added:
There is peace, at least for now, because of my intervention, and it will stay that way! Likewise, we will have PEACE, soon, between Israel and Iran! Many calls and meetings now taking place. I do a lot, and never get credit for anything, but that’s OK, the PEOPLE understand. 🌍✨
The trading crowd had reason to smile Sunday, with the crypto market nearly tacking on a full percentage point by day’s end. Bitcoin (BTC) edged up about 0.52%, while ethereum ( ETH) climbed 1.3% by 3:30 p.m. Eastern time. A handful of altcoins followed suit, and among the top ten by market cap, solana ( SOL) led the charge with a 6% boost against the U.S. dollar, as if it were a knight charging into battle.
Meanwhile, global crypto trading volume dipped 7.7% compared to Saturday, totaling roughly $78.28 billion by Sunday afternoon. Precious metals also held their ground this week, notching gains of their own. Gold is glimmering with a 1.37% daily gain, up 3.47% on the week and 7.9% over the past month, as if it were a beacon of hope in a stormy sea.
Silver’s showing a mild 0.17% lift today, but it’s been on a tear this month, climbing more than 10% since mid-May. As tensions escalate and markets wobble, investors may begin rethinking specific market plays and reallocating capital. Volatility often breeds opportunity, but uncertainty still looms large, like a dark cloud on the horizon. 🌩️💰
Read More
2025-06-16 00:01