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Bitcoin’s streak above $100K extends to 31 days, Bessent says he sees a $2T stablecoin market

DeFi Daily News by DeFi Daily News
June 12, 2025
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Bitcoin’s streak above 0K extends to 31 days, Bessent says he sees a T stablecoin market
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Bitcoin (BTC-USD) has held above $100,000 for a full month now, while Treasury Secretary Scott Bessent told lawmakers earlier this week that he envisions a US market for stablecoins worth up $2 trillion.
CoinDesk Indices managing director Andy Baehr comes on Catalysts to speak more about how much higher bitcoin can run as more investors and legislators weigh stablecoin adoption.
Also, catch what ETF.com’s Kristin Myers has to say about crypto ETF inflows.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here: https://finance.yahoo.com/videos/series/catalysts/
#youtube #stocks #investing

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Tags: 100kBessentBitcoinsBondsbusinessCurrenciesdaysEquitiesExtendsFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsSavingsSeesStablecoinStock marketstocksStreakYahoo FinanceYahoo FInance Premium
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