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Despite the fierce sell-off that was witnessed at the end of the weekend, the price of Bitcoin (BTC) rose by 6% after a third consecutive day of limited increases. These positive expectations, along with trading volumes reaching their lowest level in ten years, paint a very optimistic picture for the cryptocurrency market. Is this an indication that the price of Bitcoin will reach an all-time high (ATH)? Let's explore three reasons that make setting a new record in June possible.
Six Mining
The price of Bitcoin rose by 6% after the weekend crash as investors bought the dips.
The daily chart shows a rise in the price of Bitcoin by 4.37% on Monday, thereby reversing its downward trend that lasted three days. This was followed by an increase of nearly 1% on Tuesday, closing at 16,120. On June 25, 2025, the price of Bitcoin rose by 0.47%, trading at 106,618 USD, effectively reversing the 8% drop we experienced last week.