With staking locking up over 27% of total circulating ETH, reduced exchange balances could tighten supply, supporting price resilience. The network's BERA token is down 40% in a week, shrinking its market cap to $465 million and fully diluted value to $2.1 billion. It got a 12% lift on Thursday after Trump's 90-day tariff pause, but it’s still a far cry from good news. U.S. 10‑year Treasury yields yo‑yoed from 3.9 % to 4.6 % in April 2025 alone on tariff‑driven inflation fears and political rhetoric . Historically, a one‑percentage‑point drop in the 10‑year has coincided with a 60‑day +35 % ETH rally; an equal rise shaved 28% off prices. Rate trajectories may sway crypto more than any code push. Cross-asset analysis positions the ETH price forecast June 2025 in sync with NASDAQ tech trends. If tech equities remain in a risk-on mode, ETH could benefit from speculative capital rotation toward high-beta crypto assets.