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Crypto June 13: BTC near 64K, ETF flows turn green
Daily review of the June 13 (Saturday) global crypto market - top 15 coins, stablecoins, NFT, ETF flows and regulation. In quiet weekend trade Bitcoin held near $64,000 (~$63,880) and headed for a weekly gain, ETF flows turned positive (spot BTC ETFs +$85M), and Standard Chartered declared the crypto winter over with targets of BTC $100K, ETH $4K. The Philippines banned privacy coins.
On Saturday, June 13, the crypto market closed a tense week on a quiet but confident note. Bitcoin held near $64,000 (~$63,880, +0.8% on the day, ~+6% on the week) and stayed above its key moving averages, Ethereum +0.7% to ~$1,675 (still below $1,700), while the large altcoins held Friday's rebound levels. The key turning-point signal: spot Bitcoin ETFs recorded ~$85M in net inflows in the June 12 data - the highest since May 15, with none of the 13 funds posting an outflow (IBIT +$57M, FBTC +$18M). Standard Chartered declared the crypto winter over with targets of BTC $100K, ETH $4K by year-end. In the SpaceX IPO aftermath Kraken, Binance, Bitget and Bybit refunded users. The Philippines banned privacy coins. The fear index is starting to recover. FOMC and BoJ lie ahead.
Global crypto market on June 13: Bitcoin firms near $64,000, ETF flows turn positive, but Standard Chartered declares the crypto winter over
On Saturday, June 13, the cryptocurrency market closed the week on a quiet but confident note. Bitcoin firmed near $64,000 (~$63,880) and was headed for a weekly gain, the large altcoins held their Friday rebound levels, and in the quiet weekend trade attention shifted to two big themes: the return of spot Bitcoin ETF flows to positive territory and Standard Chartered's bold call that the so-called crypto winter is over.
Market overview
After Friday's rebound, driven by geopolitical relief and SpaceX's historic IPO, Saturday was a day of stabilization. Weekend volumes are usually lower, and on June 13 there were no big swings - Bitcoin held the levels it had reclaimed near $64,000 while investors digested a tense week: the ECB rate hike, US inflation data, the drop in oil prices and the SpaceX stock debut.
The key turning-point signal came from fund flows. After two weeks of heavy outflows, spot Bitcoin ETFs recorded roughly $85 million in net inflows in the June 12 data - the highest level since May 15, and crucially, none of the 13 Bitcoin funds posted an outflow that day. It was the first clear sign of returning institutional demand after a prolonged stretch of selling pressure, and it aligned with a broader revival of risk appetite.
Sentiment gauges remained cautious but no longer extreme. The Fear and Greed Index, which had dropped to around 11-12 points in early June (one of the lowest readings in years and deep in extreme fear), began to slowly recover after the Friday and Saturday stabilization, though the market was still far from euphoria. The recovery remains incomplete: Ethereum has yet to reclaim the $1,700 level, and part of the rally came from short covering rather than fresh capital.
Top 15 coins on June 13
In the quiet weekend trade prices moved little, so the levels below are approximate and reflect the large coins holding after Friday's rebound.
1. Bitcoin (BTC) ▲ ~$63,880 (+0.8% on the day, ~+6% on the week)
Bitcoin firmed near $64,000 and was headed for a solid weekly gain. The price held above the 20, 50, 100 and 200-day moving averages, which keeps the short-term trend positive. The decisive resistance remains the $64,000-$65,000 zone - a clean break above it would confirm continuation of the rebound, while a rejection would send BTC back to the $62,000-$63,000 support zone. Bitcoin still sits roughly 49% below its October record ($126,198).
2. Ethereum (ETH) ▲ ~$1,675 (+0.7% on the day)
Ethereum held above $1,670 but remained below the psychologically important $1,700 level. Analysts warn that until ETH reclaims and closes the day above $1,700, the recovery stays fragile and the price could retest its recent lows. Institutional profit-taking continues to cap the move higher.
3. Tether (USDT) ◆ ~$1.00 (stable)
USDT held parity with a market cap of roughly $186.8 billion. After Friday's volume spike, liquidity activity normalized over the weekend, but the stablecoin segment remained the market's anchor.
4. BNB ▲ ~$610 (roughly stable)
BNB held convincingly above $600 with a market cap around $82 billion. The Binance ecosystem token continues to hold up far better than most large altcoins on a weekly basis.
5. USDC ◆ ~$1.00 (stable)
Circle's USDC held parity with a market cap of roughly $74.8 billion, continuing to serve as the secondary liquidity channel for institutional participants.
6. XRP ▲ ~$1.15 (roughly stable)
XRP held the levels it reclaimed on Friday around $1.15, moving away from the $1.10 support. Market cap around $70 billion. The next upside targets remain $1.17-$1.20.
7. Solana (SOL) ▲ ~$68.5 (roughly stable)
Solana held its Friday strength around $68 but still has to clear the $70 resistance to confirm a broader uptrend. The higher-beta asset retains its status as a risk-appetite barometer.
8. TRON (TRX) ◆ ~$0.32 (roughly stable)
TRX held near $0.32; market cap around $30 billion. The network, with its large share of stablecoin settlement, remains one of the most resilient among the large coins.
9. Figure Heloc (FIGR_HELOC) ◆ ~$1.03 (roughly stable)
The tokenized credit instrument stayed stable near $1.03 with a $19.4 billion market cap, once again showing that the real-world asset (RWA) segment lives by its own logic, less tied to the crypto cycle.
10. Dogecoin (DOGE) ▲ ~$0.089 (roughly stable)
DOGE held the levels it reclaimed during the week around $0.089; market cap around $13.7 billion. The largest meme coin was one of the week's strongest large coins, hinting at a return of meme-coin leverage.
11. Hyperliquid (HYPE) ◆ ~$61.0 (roughly stable)
After Friday's striking ~9% rebound, HYPE firmed around $61 over the weekend. The token now has to hold the $60 support for the rebound to be sustainable.
12. Monero (XMR) ◆ ~$355
Monero kept its lead in the privacy-coin segment with a market cap around $6.6 billion. Privacy coins, however, came under intensified regulatory attention after the Philippines' decision (see the regulation section).
13. Zcash (ZEC) ◆ ~$415
Zcash kept one of the highest volumes in the privacy-coin segment but stayed below its spring rally highs. Regulatory pressure on privacy coins rose over the weekend.
14. Cardano (ADA) ◆ ~$0.17
ADA followed the broad market direction but remains one of the weakest large altcoins on a weekly basis, still near multi-year lows.
15. Stellar (XLM) ◆ ~$0.19
XLM held a stable level; the cross-border payments network keeps its place at the bottom of the large coins.
Stablecoins
The stablecoin sector remained the market anchor. USDT held parity with a market cap of roughly $186.8 billion, but after Friday's volume spike (when 24-hour turnover surged above $100 billion during the rebound), liquidity activity normalized over the weekend. USDC stayed near $1.00 with a $74.8 billion market cap, continuing to serve as the secondary liquidity channel. On the regulatory side, the GENIUS Act's July 18 deadline for stablecoin issuer requirements is approaching, and around the CLARITY Act a sharp dispute persists in the Senate precisely over stablecoin rewards to holders.
NFT market
The NFT market stayed near cycle lows, and in the quiet weekend trade collection values barely changed. Structurally the segment continues to reshuffle: gaming and utility NFTs are taking an ever-larger share of trading volume from speculative collections. Speculative demand on risk-appetite days is felt more in the small-token segment, while large blue-chip collections stay quiet.
ETF flows
ETF flows were the week's central turning-point signal. Spot Bitcoin ETFs recorded roughly $85 million in net inflows in the June 12 data - the highest level since May 15 and a sharp contrast with the heavy outflows of the previous two weeks. Particularly notable: none of the 13 spot Bitcoin funds posted an outflow that day. BlackRock IBIT led with roughly $57 million and Fidelity FBTC with roughly $18 million.
SoSoValue data confirms that institutional buying has returned, aligning with Standard Chartered's thesis that the liquidity pressure created by the SpaceX IPO is over - after the company's Nasdaq debut on June 12, retail and institutional investors are again looking for where to deploy capital. This is an important sentiment shift, but a single day does not make a trend - the market will watch closely whether inflows continue into next week.
SpaceX IPO aftermath - refunds across crypto exchanges
SpaceX's historic IPO on June 12 (the company raised its targeted $75 billion by selling 555.6 million shares) left a long aftermath in the crypto space. As a result of the debut, the company became the eighth-largest public holder of Bitcoin.
The main post-IPO theme was refunds. Several crypto exchanges had offered tokenized versions of SpaceX shares before the debut through Kraken's xStocks platform, but demand was so high that Kraken and xStocks received only a fraction of what they had requested - users ended up getting 4.2786 tokenized shares regardless of the amount invested, and Kraken refunded the remainder. Binance, Bitget and Bybit, which had also bid through xStocks, received no shares at all and fully refunded user funds. Binance founder Changpeng Zhao announced a refund plus an additional make-good airdrop, as the Binance Wallet SpaceX campaign had drawn roughly $557 million from 27,689 wallet addresses.
The interpretation matters: SpaceX did not directly drive Bitcoin's fundamentals but served as a barometer of speculative risk appetite. Now that the event is behind us and the liquidity pressure is easing, market attention is returning to crypto's own dynamics.
Security incidents and crypto stocks
In the privacy-coin segment, the Zcash Orchard pool counterfeiting vulnerability remains in focus - a critical bug present in the network since 2022 that earlier caused a nearly 38% price drop and an urgent fix. Security engineer Taylor Hornby, who discovered the vulnerability using an artificial-intelligence model, confirmed that he will next conduct an audit of Monero - drawing heightened attention to the entire privacy-coin segment.
On the crypto-stock side, miners led the week, having risen in the previous session (IREN, TeraWulf, Hut 8 and Riot Platforms led the gains), while Strategy (MSTR) tracked Bitcoin. On Saturday US equity markets were closed, so crypto-stock movements resume only on Monday.
Regulatory news
Two regulatory developments stood out over the weekend. First, the Philippines announced a ban on privacy coins and stricter crypto listing rules, joining a growing list of jurisdictions restricting Monero, Zcash and similar coins - this directly affects the privacy-coin segment and increases regulatory uncertainty around ZEC and XMR.
Second, the US CLARITY (Digital Asset Market Clarity) Act remains on the Senate legislative calendar, and intense debate continues around it. JPMorgan analysts noted that the crypto market's direction in the second half of 2026 will depend on two factors: passage of the CLARITY Act and the Bitcoin-selling activity of Strategy (Michael Saylor's company). On the prediction market Kalshi the odds that CLARITY passes before year-end were around 48% - the main obstacle being the November midterm elections.
Macroeconomic context
The week's mood was set by an interplay of several forces. On the positive side: the drop in oil prices after the US president's claim that the war in Iran has ended eased one of the main inflation drivers, and risk appetite in stocks, silver and crypto revived. Standard Chartered analyst Geoffrey Kendrick seized the moment to renew a bold forecast: Bitcoin will reach $100,000 and Ethereum $4,000 before year-end. Kendrick argues that when Bitcoin fell to $59,000 on June 5, it formed a cycle bottom and ended the crypto winter.
Yet structural headwinds remain. A tense central-bank week lies ahead: the Bank of Japan is expected to raise its rate to 1% on June 16, while the US Federal Reserve's FOMC meeting on June 16-17 will be Kevin Warsh's first as chair - although a rate hold is widely expected, the market will watch the guidance tone closely. JPMorgan, meanwhile, warns that Strategy's potential Bitcoin sales could dent investor confidence. The picture remains a classic consolidation phase with improving but still fragile sentiment.
Key numbers - June 13
- Bitcoin (BTC): ~$63,880, +0.8% on the day, ~+6% on the week; holds near $64,000 and above the 20/50/100/200 DMA; resistance $64,000-$65,000, support $62,000-$63,000; ~49% below the record
- Ethereum (ETH): ~$1,675, +0.7% on the day; still below $1,700 - recovery remains fragile
- XRP: ~$1.15, held reclaimed levels, targets $1.17-$1.20
- Solana (SOL): ~$68.5, has to clear $70 resistance
- BNB: ~$610, resilient above $600
- Hyperliquid (HYPE): ~$61.0, has to hold $60 support
- Dogecoin (DOGE): ~$0.089, one of the week's strongest large coins
- Privacy coins: Monero ~$355, Zcash ~$415 - regulatory pressure rises after the Philippines ban
- Stablecoins: USDT ~$186.8B, USDC ~$74.8B, both hold parity
- ETF (June 12 data): spot Bitcoin ETF +$85M net inflow (highest since May 15); none of the 13 funds with an outflow; IBIT +$57M, FBTC +$18M - turning-point signal
- SpaceX IPO aftermath: eighth-largest public BTC holder; Kraken/xStocks refund (4.2786 shares each), Binance/Bitget/Bybit full refund; Binance Wallet ~$557M from 27,689 wallets
- Forecasts: Standard Chartered - BTC $100K, ETH $4K by year-end (crypto winter over, bottom $59,000 on June 5); JPMorgan cautious (CLARITY + Strategy)
- Regulation: Philippines bans privacy coins; CLARITY odds on Kalshi ~48% by year-end
- Upcoming events: BoJ on June 16 (rate to 1%), FOMC on June 16-17 (Warsh's first meeting)
- Sentiment: Fear and Greed Index starting to recover from extreme fear (~11-12 in early June)
AI disclaimer
This article was prepared with the help of artificial intelligence and human editorial oversight. All figures and facts were verified against publicly available sources at the time of writing. Price readings are based on market-data aggregator snapshots and may differ slightly between sources and time zones; in the quiet weekend trade some levels are approximate. The cryptocurrency market is extremely volatile - prices can change substantially within hours. This material is informational and should not be considered financial advice, an investment recommendation or a solicitation to buy or sell any assets. Always do your own research and consult a licensed financial advisor before making investment decisions.
Sources
- CoinGape - Crypto Market Weekly: SpaceX IPO Frenzy, Standard Chartered's $100K Bitcoin Target, and JPMorgan's Crypto Forecast: https://coingape.com/markets/crypto-market-weekly-spacex-ipo-standard-chartered-bitcoin-jpmorgans-forecast/
- Rio Times - Bitcoin Firms as the SpaceX Crypto Trade Falls Apart: https://www.riotimesonline.com/bitcoin-firms-spacex-crypto-trade-falls-apart-june-12-2026/
- Analytics Insight - SpaceX Share Shortfall Forces Binance, Bybit and Bitget to Refund Users: https://www.analyticsinsight.net/news/spacex-share-shortfall-forces-binance-bybit-and-bitget-to-refund-users
- SoSoValue - US spot Bitcoin & Ethereum ETF dashboards: https://sosovalue.com/assets/etf/us-btc-spot
- CoinGape - Philippines Bans Privacy Coins, Tightens Crypto Listing Rules: https://coingape.com/philippines-bans-privacy-coins-tightens-crypto-listing-rules/