Crypto Market RoundUp June 12: VELVET Surged 86%, Stargate Gains 43%

NFTfi Shuts Down, BlackRock Files ETF, STG Gains: Crypto Market Today

Overall Cryptocurrency News, 12 June 2026: The crypto market posted a 1.7% recovery to $2.25 trillion, led by BTC and ETH gains, while extreme fear at 12 shows traders remain cautious despite selective altcoin momentum.

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global crypto market today reached a capitalization of $2.25 trillion, with an overall surge of 1.7% in the last 24 hours, while total trading volume was recorded at $79.33 billion.

Bitcoin’s (BTC) dominance in the industry remains strong at 56.3%, while Ethereum (ETH) holds 8.92%. The largest gainers in the industry over the past day are Polkadot and the XRP Ledger Ecosystem.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis:

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data is recorded from CoinMarketCap.)

• Bitcoin (BTC) price today reached $63,283.30, gaining 1.78% in the last 24 hours, with a trading volume of $29.5 billion and a market cap of $1.26 trillion.

• Ethereum (ETH) price today is at $1661.86, increased 0.99% in 24 hours, with a trading volume of $12.17 billion and a capitalization of $200.56 billion.

Top Trending Crypto Coins Price in 24 Hours:

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)

• Bitcoin price (BTC): $63,325.75, up 1.75% in the last 24 hours, trading volume (TV): $29.54B.

• Audiera price (BEAT): $8.79, surges 19.06%, TV: $209.22M.

• Velvet price (VELVET): $1.71, jumps 86.23%, TV: $101.35M.

• Stargate Finance price (STG): $0.5882, gains 43.26%, TV: $130.18M.

• TRON price (TRX): $0.3152, down 1.89%, TV: $710.66M.

Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):

• Stargate Finance price today (STG): $0.582, surges 37.89%, trading activity $130.08M.

• Audiera price today (BEAT): $9.01, skyrockets 22.30%, trading activity $209.51M.

• Monero price today (XMR): $403.51, climbs 17.44%, trading activity $216.99M.

Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):

• Siren price today (SIREN): $0.5318, down 26.51%, trading activity around $37.56 million.

• JUST price today (JST): $0.07378, lower by 6.97%, trading activity near $40.52 million.

• Morpho price today (MORPHO): $1.95, down 2.09%, trading activity around $25.21 million.

Stablecoins and DeFi Update:

• Stablecoins reflect a 0.2% negative change over the past 24 hours, with a market capitalization of $310.6 billion and trading volume of $66.4 billion.

• The Overall (DeFi) Decentralized Finance market escalated 5.2% over the last 24 hours, recording a market cap of $62.37 billion and trading volume (TV) at $4.77 billion. Defi dominance globally marked 2.8%.

Crypto Fear and Greed Index Today

Source:  Alternative Me

Markets sit deep in panic territory, unchanged across today, yesterday, and last week — all scoring 12. A sharp drop from last month's 42 signals sustained selling pressure, likely driven by macro uncertainty and risk-off sentiment.

24 Hours Crypto Market News Today, June 12

(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)

1. Bitcoin Core Privacy Flaw: Bitcoin Core 31.0's -privatebroadcast feature leaks users' IP addresses under certain network conditions. Fix arrives in version 31.1. Affected users should disable the feature now.

2. NFTfi Shuts Down:  NFT lending pioneer NFTfi is closing after six years, citing a shrinking market. Having processed $737M in loans, it will fully shut down by August 31, 2026.

3. AVAX Treasury Hits Nasdaq: Avalanche Treasury Co. debuted on Nasdaq as AVAT, holding 15 million AVAX tokens. Unlike rivals, it invests across the broader Avalanche ecosystem, not just one token.

4. BlackRock Bitcoin ETF Soon: BlackRock filed Form 8-A for its Bitcoin Premium Income ETF (BITA). Analysts expect it to begin trading as early as next Thursday on U.S. exchanges.

5. Tokenized Stocks Get Room: The SEC's proposed repeal of Reg NMS Rule 611 could open compliance space for on-chain stock trading and AMMs. A 60-day public comment period has begun.

6. Solana Courts Big Traders: Solana Foundation launched Frontier Traders, a VIP program for institutional traders. Eligibility requires $500M+ monthly volume. A $25,000 SpaceX trading event launches tomorrow.

7. Fidelity Picks Uniswap: Asset management giant Fidelity has chosen Uniswap as liquidity infrastructure for its stablecoin FIDD. Liquidity pools are now live on the Uniswap protocol on-chain.

8. Offshore Prediction Markets Surge: U.S. users traded $11–34 billion on offshore prediction platforms via VPN. Polymarket led with $27 billion. Regulated platforms like Kalshi still slightly trail offshore volumes.

9. Ethena Meets Coinbase exchange: Ethena's High Yield Vault, built on Morpho and powered by USDe, is now live on Coinbase. Eligible U.S. and global users can access it via the Coinbase app.

10. LG Bets on Blockchain Ads: LG Electronics is building a blockchain ad network on Arbitrum's Layer 2 to cut costs and track user interactions. Commercial launch evaluation is planned for later this year.

11. Trump Iran War Update: President Trump called off a planned Iran strike after a multilateral deal framework was agreed upon. Maritime blockades remain until a final agreement is formally signed.

Major Crypto Market Events Today

Source: Forex Factory

Comparative Insight

June 11 crypto update vs June 12: Fear & Greed held steady at 12 both days, confirming prolonged panic. Market cap grew slightly from $2.2T to $2.25T, while trading volume rose from $77.6B to $79.33B, signaling modest recovery. Bitcoin climbed from $62,113 to $63,283, gaining momentum. DeFi rebounded sharply — up 5.2% versus June 11's 1.8% decline, showing selective sector rotation.

What This Means for Cryptocurrency Users

Despite a 1.7% recovery and $2.25 trillion capitalization, the Fear & Greed Index at 12 signals deep panic. Selective altcoin gains like VELVET (+86%) and STG (+43%) suggest opportunity exists, but broad caution dominates trader sentiment today.

Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point to the price or indicate an action to take on the investment.

CoinGabbar’s Opinion

Today's market is high-risk, low-confidence. With extreme fear persisting for a full week and ETH barely gaining 0.99%, conservative investors should wait. Aggressive traders may find short-term altcoin opportunities, but position sizing must remain disciplined and minimal. 

Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. Not all regions are able to provide all the services or assets in question.