The most significant cryptocurrency news today, June 1, 2025, is that Bitcoin has surpassed $104,000, reaching a new record high. This surge is attributed to increased institutional adoption and growing investor confidence. 
Binance
Additionally, the Trump administration has intensified its support for cryptocurrencies. Vice President JD Vance declared at the Bitcoin 2025 Conference in Las Vegas that "crypto finally has a champion" in the White House. 
CBS News
In another development, Coinbase has forecasted a potential financial impact ranging from $180 million to $400 million due to a cyberattack that compromised account data of a subset of its customers. 
These events underscore the dynamic nature of the cryptocurrency market and its increasing integration into mainstream finance