This Week in Crypto (06/15/25)
Crypto market weekly overview and updates
Quick Takeaway
Bitcoin Market:
Bitcoin dipped slightly this week, down 0.71% to $105,556, despite strong ETF inflows totaling $1.37B. BTC dominance rose to 64.75%, while the Fear & Greed Index fell from 55 to 52, reflecting a shift toward neutral sentiment. Funding rates remain low, and online interest continues to cool post-election. Overall, BTC’s fundamentals remain strong—positioning it well for continued accumulation and providing a stable backdrop for broader market activity.
Altcoin Market:
Altcoins were mixed this week. The total altcoin market cap stands at $965B, with ETH at $2,546.97 and SOL at $151.90, down 1.9% relative to ETH. Only a few names outperformed, while most saw losses. If BTC continues to range, this pattern is likely to persist. However, if BTC begins appreciating again, a broader altcoin rally is likely. On-chain activity is picking up across multiple chains, especially Solana, Base, and Sui, with rising DEX volume and fees supporting potential altcoin momentum.
Stablecoin Market:
The stablecoin market grew by $2.4B to $250.7B this week, continuing a slow but steady uptrend. Growth was led by Ethereum, Tron, and Arbitrum, while Avalanche and TON declined. Yield rates across protocols remain in the 3.8%–4.9% range, with USDG on Kamino offering as high as 8.7%. While capital inflows continue, momentum remains modest and shows no sign of a sharp reacceleration.
NFT Market:
NFT volumes remain flat and near long-term lows. Polygon, Solana, and BNB saw slight upticks, while Ethereum and Bitcoin volumes fell further. A notable spike in SuperRare activity (+5000%) helped lift the otherwise quiet space, with collections like Courtyard and Punks leading volume. Overall, the NFT market remains in a holding pattern following a brief resurgence in late 2024.
Chain Activity:
Ethereum, Arbitrum, and BNB led bridge inflows this week, while Unichain, Base, and Bearchain saw outflows. Solana’s DEX volume jumped 30.2%, signaling growing on-chain liquidity. Base, Sui, and Hyperliquid also posted strong gains in DEX volume and fee generation. These trends suggest an uptick in user activity and infrastructure usage, particularly outside of Ethereum.
Market Outlook:
The broader market remains in a consolidation phase. Bitcoin’s stable price action, low leverage, and renewed ETF inflows create a constructive foundation for the weeks ahead. If BTC continues to range, we expect selective strength in mid- and low-cap altcoins. If BTC begins to move up meaningfully, the stage is set for a broader altcoin rally—especially as on-chain activity trends remain positive and capital slowly rotates into higher-beta assets.
BTC Market
Current State of the Bitcoin Market
Bitcoin experienced a slight decline this week, dropping 0.71% to a current price of $105,556.
BTC dominance increased by 0.21%, now making up 64.75% of the total cryptocurrency market cap.
The Fear and Greed Index decreased from 55 to 52 over the past week, with a weekly average of 58.0, indicating a shift towards a more neutral market sentiment.
Weekly net ETF inflows totaled 1.37B. this represents a strog inflow after a few weeks of outflows.
Online interest has been declining since the U.S. election; this week, it continued the trend.
Interpretation and Future Outlook
Bitcoin appears fundamentally strong this week across several indicators. ETF inflows remain solid, reflecting continued institutional interest and demand. At the same time, funding rates across major exchanges are low, suggesting that the market isn’t overly leveraged or euphoric. The Fear & Greed Index remains in a moderate range, signaling balanced sentiment rather than extremes. Notably, BTC dominance is elevated, highlighting its strength relative to altcoins. Taken together, these signals suggest steady accumulation rather than speculative excess, pointing to a resilient positioning for Bitcoin in the current market environment.
Altcoin Market
Currently, the altcoin market cap is sitting at $965 billion. Ethereum makes up approximately 31.9% of the altcoin market cap. The price of Solana (SOL) is $151.90, and the price of Ethereum (ETH) is $2546.97, with the SOL/ETH ratio down 1.9% this week. A small number of altcoins outperformed this week, while the rest were bleeding.
Top 3 Performers (7-day change):
Kaia (KAIA): $0.15 (40.32%)
AB (AB): $0.01 (34.54%)
Sky (SKY): $0.09 (18.64%)
Bottom 3 Performers (7-day change):
Kaspa (KAS): $0.07 (-16.59%)
Injective (INJ): $11.43 (-15.23%)
Celestia (TIA): $1.75 (-13.67%)
Weekly Chain Metrics
Chains by bridge flows: Ethereum, Arbitrum, and BNB saw the largest inflows this week, while Unichain, Base, and Bearchain experienced large outflows.
Top chains by TVL: Ethereum $61.2B (+1.2%), Solana $8.3B (–0.4%), Bitcoin $6.4B (+6.7%), BNB Chain $5.9B (≈0.0%), Tron $4.8B (≈0.0%), Base $3.8B (+2.7%).
Top chains by DEX volume: BNB Chain $89.6B (–7.2%), Solana $39.2B (+30.2%), Ethereum $15.4B (+10.0%), Base $7.7B (+31.4%), Arbitrum $4.3B (+30.4%), Hyperliquid $3.3B (+30.9%), Sui $2.1B (+36.9%), Aptos $980.0M (+30.8%).
Top chains by weekly fees: Hyperliquid $17.5M (+31.6%), Tron $13.3M (+0.0%), Ethereum $10.5M (+0.0%), Solana $7.7M (+0.0%), BNB Chain $3.6M (–4.4%), Bitcoin $3.5M (+3.9%), Base $1.4M (+38.7%), Avalanche C-Chain $305.2K (+56.5%).
Interpretation and Future Outlook
The altcoin market is showing signs of selective strength, particularly among mid- and low-cap tokens. A small number of names outperformed this week, while most others trended down. If BTC continues to range, we expect this pattern to persist—isolated runs in specific names while the broader alt market remains muted. However, if BTC starts to appreciate meaningfully from here, we anticipate a broader altcoin rally. We're constructive on BTC’s price action overall: dominance remains high, leverage is contained, and structural demand is steady. On-chain activity across multiple chains continues to pick up, particularly on Solana, Base, and Sui, which are all seeing strong growth in DEX volume and protocol fees. These are supportive conditions for altcoin momentum if capital rotation resumes.
Stablecoin Market
Market Capitalization: The stablecoin market cap currently stands at $250.7 billion, reflecting a $2.4 billion increase over the past week and a $11.7 billion increase over the past 30 days. This represents a continuation of slowing growth.
Stablecoin Supply Rates:
AAVE: 3.8%-4.6%
Kamino: 4%-4.9% (8.7% USDG)
Save Finance: 3.85%–4.1%
JustLend: ~2.8%–3.8% (6% USDD)
Spark.fi: 4.5%
Chain-Specific Changes: This week, stablecoin supply increased on Ethereum, Tron, and Arbitrum, while Avalanche and TON saw a decline.
Token-Specific Changes: GYEN, USDT, and USDC saw increases this week, while AEUR and FEUSD experienced declines.
Interpretation and Future Outlook: This week’s $2.4 billion increase represents a slight acceleration from the multi-month trend of positive but decelerating growth. Momentum has been gradually fading since November 2024. While capital continues to trickle in, a meaningful reacceleration has yet to materialize.
NFT Market
Market Activity:
NFT sales volume have stayed flat over the past two weeks, sitting at the bottom of a long-term downtrend that began in mid-December. Activity increased on Polygon, Solana, and BNB while it declined on Ethereum and Bitcoin.
Top Collections:
SuperRare NFT have seen a surge in activity this week, with volume increasing around 5000%. Notable collections include Courtyard, DKNFT, and Punks.
Overall Market Trend:
The NFT market experienced a spike in activity in early November, but much of that momentum has faded. Sales volumes have now settled slightly above the extremely low levels seen before November.
CT Mindshare
Zeta to Bullet Rebrand:
Zeta, a decentralized derivatives trading platform, rebranded to Bullet to reflect its focus on high-speed, efficient trading solutions. The rebrand aims to strengthen its market position and appeal to institutional and retail traders.
Hypernative Labs raised a Series B:
Hypernative Labs, a Web3 security firm, secured $40 million in a Series B funding round led by Ten Eleven Ventures and Ballistic Ventures to enhance its AI-powered threat prevention platform. The funds will expand fraud prevention, wallet protection, and team growth, securing over $100 billion in assets across 60+ blockchains.
PollDotFun Launch:
PollDotFun, a decentralized polling platform, launched to enable transparent, blockchain-based surveys and decision-making processes. It aims to provide secure, verifiable results for communities and organizations using Web3 technology.
syrupUSDC Launch on Solana:
syrupUSDC, a stablecoin-backed yield product, launched on Solana to offer users low-risk returns through DeFi protocols. It leverages Solana’s high-speed, low-cost infrastructure to provide efficient access to USDC-based yield farming.
Sources
https://app.artemis.xyz/
https://defillama.com/
https://www.cryptoslam.io/
https://www.tradingview.com/symbols/BTC.D/
https://x.com/i/bookmarks/all?post_id=1812861039517778200=