[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en202506161427546471903292.webp) The crypto market showed mixed performance amid geopolitical tensions. BTC rose 0.25% to 105,800 USDT, and ETH gained 1.51% to 2,567 USDT. The Fear & Greed Index climbed to 61, reflecting improved market sentiment. Global markets fluctuated, with WTI and Brent crude surging then moderating, and gold briefly hitting $3,450/oz before retreating. Vietnam passed the Digital Technology Industry Law, recognizing crypto assets’ legal status from 2026, boosting market confidence. - Trending Tokens: BTC stabilized after dipping to 103,000 USDT, facing resistance near 106,000 USDT, with Bitcoin ETFs recording $301M in single-day net inflows, showing institutional resilience. ETH weakened, with the ETH/BTC ratio dropping to 0.023 and a $2.176M ETF outflow, indicating cautious sentiment. Altcoins broadly declined but showed signs of recovery. - Top Performing Tokens: JTO (+17.17%): Jito’s governance token reached $2.342, with a $2.343B market cap, driven by community support and Grayscale’s watchlist inclusion. LM (+24.56%): LeisureMeta’s token rose to $0.0036, with an $18.31M market cap, fueled by K-POP NFT fanbase and low-gas trading. HOUSE (+27.68%): Housecoin hit $0.0414, with a $41.26M market cap, riding Solana’s meme coin wave and housing market satire. - Alpha Insights: Ethereum spot ETFs saw $528M in net inflows last week, led by BlackRock’s ETHA ($381M), with total assets at $10.03B, reinforcing ETH’s market role. LABUBU’s meme coin surged 54% to a $55.03M market cap, driven by Pop Bubble Mart’s IP and social media hype, though volatility warrants caution. Vietnam’s crypto legalization highlights DeFi potential, with 17M users and $16B in 2024 remittances. - Gate Launchpool: CRT Project (CRT) launched on Gate Launchpool at 20:00 (UTC+8), June 16, 2025. Stake CRT or USDT to claim a 1,500,000 CRT airdrop. CRT is an AI-driven Web3 content platform, rewarding creators with tokens for monetizable story ideas, backed by Genesis Blockchain Ventures and other top firms. Explore Today’s Highlights → Gate Research Institute: LABUBU Token Market Cap Surpasses $55 Million | Vietnam Recognizes Legal Status of Crypto Assets **Gate Research** is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, trending insights, market reviews, industry research, trend forecasting, and macroeconomic policy analysis. **Disclaimer** Cryptocurrency investment involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages resulting from such investment decisions. Gate Team Jun 16th, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves