📈 Market Overview: Bitcoin and Ethereum Lead the Charge
Bitcoin (BTC) is currently trading at approximately $103,172, having rebounded from a mid-February low of around $75,000. This recovery aligns with the expansion of global liquidity, as indicated by the rising M2 money supply, suggesting a continued bullish trend into Q3 2025 . Anthony Scaramucci projects that Bitcoin could reach between $180,000 and $200,000 by the end of the year, driven by increasing global adoption and demand from ETFs .

Ethereum (ETH) is trading around $2,401, bolstered by the "Dencun" upgrade in March, which improved scalability and reduced Layer 2 transaction fees. The approval of eight spot Ethereum ETFs has attracted $2.2 billion in net inflows, enhancing institutional interest .

🏛️ Regulatory Developments: U.S. and EU Take Action
In the United States, the Senate is poised to pass the GENIUS Act, a significant bill aimed at regulating stablecoins.