- H2cryptO Daily Drip Newsletter
- Posts
- The Daily Drip
The Daily Drip
In partnership with
Learn AI in 5 minutes a day
This is the easiest way for a busy person wanting to learn AI in as little time as possible:
Sign up for The Rundown AI newsletter
They send you 5-minute email updates on the latest AI news and how to use it
You learn how to become 2x more productive by leveraging AI
🧠 The Daily Drip
Sunday, June 9, 2025
Delivering concise and insightful crypto updates every day.
📈 Market Snapshot
Coin | Current Price (USD) | 24h % Change | 7d % Change | YTD % Change | Market Cap |
|---|---|---|---|---|---|
Bitcoin | $108,322.34 | 🟢 1.88% | 🟢 3.83% | 🟢 15.94% | $2.15T |
Ether | $2,565.81 | 🟢 1.55% | 🟢 0.96% | 🔴 23.01% | $309.75B |
Tether | $1.00 | 🔵 0.00% | 🟢 0.01% | 🟢 0.25% | $154.85B |
XRP | $2.30 | 🟢 0.92% | 🟢 6.07% | 🟢 10.59% | $135.31B |
Solana | $156.18 | 🟢 2.00% | 🟢 1.97% | 🔴 17.48% | $81.98B |
Dogecoin | $0.19 | 🟢 1.01% | 🔴 2.69% | 🔴 40.76% | $27.98B |
Cardano | $0.69 | 🟢 2.05% | 🟢 1.65% | 🔴 18.82% | $24.21B |
Chainlink | $14.02 | 🟢 1.27% | 🟢 2.13% | 🔴 29.89% | $9.21B |
Avalanche | $21.34 | 🟢 1.93% | 🟢 3.99% | 🔴 40.22% | $8.99B |
Tron | $0.28 | 🔴 0.14% | 🟢 6.47% | 🟢 11.58% | $26.90B |
🧮 S&P Cryptocurrency Broad Digital Market Index (SPCBDM)
Daily Change: 🟢 +1.72%
YTD Change: 🔴 -3.35%
(As of June 6, 2025)
📰 Top Story
BlackRock and Fidelity Near Approval for Ethereum ETFs
BlackRock and Fidelity are inching closer to approval for their spot Ether ETFs after updated 19b-4 filings. The SEC’s response is expected within weeks, potentially paving the way for Ether to follow Bitcoin's ETF momentum.
🔗 Read more
📊 Market Insights
Bitcoin Dominance is on the rise, signaling a shift back to BTC as altcoins struggle to hold gains.
Stablecoin volume has increased 18% over the past week, pointing to a return of sidelined capital.
Altcoin rebounds (LINK, AVAX, ADA) are showing early signs of strength — watch for volume confirmation.
🔍 Technical Analysis
Today's breakout candidates based on recent technicals:
XRP: Bullish crossover on the 20/50 EMA and high RSI support; targeting $2.50 resistance
Avalanche (AVAX): Forming an ascending triangle with a potential breakout at $22
Cardano (ADA): Momentum turning upward on strong volume with MACD just flipping bullish
Not investment advice. Always do your own research.
🌍 Regulatory Updates
🇺🇸 U.S.: Treasury confirms they are working on final rules for crypto wallet KYC requirements to address privacy and national security concerns.
🔗 Read more🇩🇪 Germany: BaFin now requires new crypto startups to register for additional transparency documentation, including proof-of-liquidity statements.
🔗 Read more🇸🇬 Singapore: MAS proposed clearer staking guidelines to separate DeFi retail use from institutional custody.
🔗 Read more
📅 Upcoming Events
June 12: U.S. CPI Report – Key macro data that could sway crypto volatility
June 15: ETH ETF Final Decision Window opens
June 21–23: Consensus Singapore
📣 Community Check-In
This is not investment advice.
Subscribe here to get The Daily Drip in your inbox every day.