
Bitcoin has maintained a price above $100,000 for over 30 consecutive days, marking its longest streak above the six-figure mark. As of June 12, 2025, the streak has reached 31 days, reflecting growing price stability and sustained institutional demand. This milestone comes amid developments in the stablecoin market in the United States. Treasury Secretary Scott Bessent has indicated that dollar-linked stablecoins could reach a market capitalization of $2 trillion within the next few years, describing this as a "very reasonable number" that could enhance the global position of the US dollar. Concurrently, the US Senate has voted to advance legislation related to stablecoins, which is expected to promote demand for US Treasury securities and the dollar. These developments suggest increasing regulatory and institutional support for digital assets in the US financial system.





$BTC's longest-ever streak above $100,000 is now 31 days. The streak comes as the Senate voted to advance stablecoin legislation and Treasury Secretary Scott Bessent said he sees a potential $2 trillion market for stablecoins. CoinDesk Indices' Andy Beahr discusses: https://t.co/rgFZxo24op
*Bessent: #Stablecoin capitalization may exceed $2 trillion in the next few years
US Stablecoin Market Set to Exceed $2 Trillion by 2028, Says Treasury Secretary Read today's daily news summary here: https://t.co/k3i12h1lVG