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What Happened in the Crypto Market While Everyone Was Asleep — June 19 Recap

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Что случилось на крипторынке, пока все спали — обзор от 19 июня

Bitcoin miner HIVE has bet on AI, Morgan Stanley amended its Ethereum and Solana ETFs with the lowest fee on the market, and Ledn will start using Tether tokenized gold as collateral for loans — these and other crypto news of the morning of June 19 in our recap.

Behavior of the crypto market-cap leaders

Bitcoin (BTC), according to TradingView, started the day moving sideways. As of 07:00 (Moscow time), the cryptocurrency is trading at $62,688 (1 token in rubles — ₽4,589,048). Bitcoin's 24-hour low is $62,201, the high is $64,552.

You can track the bitcoin rate in rubles via the link.

The second-largest cryptocurrency by capitalization, Ethereum, also started the day moving sideways. As of the time of writing, the coin is trading at $1,695 (1 token in rubles — ₽123,890).

In the top 10 cryptocurrencies by capitalization, the best 24-hour result belongs to Tron (+0.06%), and the best weekly result to Hyperliquid (+13.51%). At the same time, this cryptocurrency lost more than the others over 24 hours (-5.85%). The biggest weekly losses belong to Dogecoin (-4.19%).

In the top 100 cryptocurrencies by capitalization, the best 24-hour result was recorded for DeXe (+20.46%), and the best weekly result for Jito (+38.97%). Over the past 24 hours, SPX6900 lost value faster than the others (-9.56%). The biggest weekly losses were recorded for Audiera (-78.97%).

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Top crypto news of the morning of June 19

Canadian bitcoin miner HIVE Digital Technologies signed a three-year contract worth $220 million through its AI division BUZZ HPC.

The company will deploy 2,304 NVIDIA Grace Blackwell GPUs in a Bell Canada data center for AI startup Cohere. After launch, the project will generate about $70 million in annual revenue, bringing high-performance computing income to more than $100 million. HIVE shares rose about 9% on the news.

The deal continues HIVE's active expansion into AI infrastructure. At the same time, the company's bitcoin holdings shrank from 481 to 150 BTC. The trend is typical of the entire industry: amid record-low mining profitability and a 10% drop in network difficulty, operators are massively reorienting their capacity toward AI.

Source: BeInCrypto

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