Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, a new report from crypto bank Sygnum suggests massive pressure on Bitcoin’s supply could trigger a price breakout in the near future, a Trump crypto wallet announcement went awry after the US president’s sons denied the family was involved, and education company Classover announced a Solana strategic reserve.
Bitcoin’s circulating supply is tightening fast, setting the stage for potential price surges as demand continues to grow, according to Sygnum Bank’s June 2025 Monthly Investment Outlook.
Sygnum analysts noted that Bitcoin’s (BTC) liquid supply had dropped by 30% over the past 18 months, primarily driven by institutional adoption and the rise of Bitcoin acquisition vehicles.
