Bitcoin prices have shown strong momentum in early June 2025, nearing and surpassing the $106,000 mark, with a peak reaching $109,000. XRP also gained, hitting $2.29, while Ethereum experienced an 8% increase, trading at $2,669. Other cryptocurrencies such as Dogecoin and Cardano posted solid gains amid a rotation into stablecoins. Institutional interest remains robust, with notable investment moves including Belgravia Hartford, a publicly traded Canadian investment firm listed on the Canadian Securities Exchange, making its first Bitcoin purchase as part of a new $5 million treasury strategy. The company acquired 4.86 BTC, valued at approximately $500,000, at an average price of $102,000 per Bitcoin, utilizing credit for the purchase. This move is backed by Round 13 Digital Asset Fund and marks a notable instance of debt-financed Bitcoin acquisition. Additionally, London-based tech firm The Smarter Web Company purchased 45.32 Bitcoin for £3.5 million, increasing its total holdings to 168.08 BTC. These developments underscore growing institutional demand and confidence in Bitcoin and the broader cryptocurrency market.