#USCryptoWeek

Bitcoin just hit a fresh all-time high above $118 000, recently peaking around $118 856 on July 11, driven by a wave of institutional inflows (over $1 billion in short coverings) and broad “risk‑on” sentiment in equity markets .

Ethereum is also in rally mode, trading near $2 950–$3 000, boosted by its scaling upgrades and rising interest in ETH staking .