4E: BTC strongly rebounded to $109,240, the crypto market is warming up, focusing on Federal Reserve policy and Circle's listing

ChainCatcher news, according to 4E observations, as of June 10, 2025, 14:00 (UTC+8), Bitcoin (BTC) is priced at $109,240, up 3.6% in the past 24 hours, with an intraday high of $110,290, approaching the year's high. Technical indicators show that bullish momentum is regaining control, with the $105,000 support proving to be significantly effective. Mainstream cryptocurrencies such as ETH, SOL, and LINK also recorded gains of 1%-4%, and the total market capitalization of the crypto market has risen above $2.5 trillion, indicating a gradual recovery in investor sentiment.

On-chain data shows that institutional funds are continuously flowing into crypto funds. Circle plans to list on the NYSE this week, with a valuation potentially reaching $7.2 billion, combined with expectations for stablecoin legislation, providing medium-term positive support for the market. Although some BTC ETFs still show signs of net outflows, mainstream products like IBIT continue to attract significant capital, indicating stable long-term allocation demand.

On the macro front, the U.S. May CPI and non-farm payroll data are about to be released, and the market generally expects that if the data is weak, it will strengthen expectations for a rate cut in September, benefiting risk assets like crypto; the European Central Bank will also hold a policy meeting, and if it releases dovish signals, it will further alleviate global financial pressure.

4E reminds that the crypto market is at the intersection of technical rebounds and macroeconomic games, and may continue to perform strongly in the short term. Investors are advised to pay attention to the Federal Reserve's dynamics, the progress of stablecoin legislation, and changes in ETF fund flows, while reasonably controlling their positions to guard against high-level volatility risks.