past $3,300, trading at $3,339.13 with a 20% weekly gain. XRP is steady at $3.05, up 5% in the last 24 hours, while Bitcoin hovers around $120,000, showing resilience. Solana is also up nearly 5%, trading at $170.39. The overall crypto market cap is down 2.1% to $3.8 trillion, with mixed signals as 92 of the top 100 coins saw gains in the past day.
U.S. Crypto Legislation: The U.S. House of Representatives is pushing forward with "Crypto Week," debating three key bills to regulate stablecoins, establish crypto market structures, and restrict central bank digital currencies (CBDCs). Despite resistance from some Republicans, President Trump’s intervention helped advance the bills, with a vote passing 217-212. The CLARITY Act of 2025 aims to stabilize the market and encourage institutional investment, potentially marking a historic moment for crypto regulation.
Token Unlocks: Three major token unlocks (TRUMP, FTN, ARB) are scheduled for this week, with 90 million TRUMP tokens unlocking on July 18, potentially sparking market volatility. The TRUMP meme coin, tied to President Trump, is Solana-based and celebrates his resilience.
Emerging Coins: Investors are eyeing new projects like Mutuum Finance (MUTM), priced at $0.03 in presale, raising $12.4 million, and Shiba Inu (SHIB) for sub-$1 tokens with breakout potential. Other tokens like $LILPEPE, APT, SUI, and HBAR are also gaining attention amid Bitcoin’s surge to $117,000.
Institutional Moves: Cantor Fitzgerald plans to acquire $3.5 billion in Bitcoin from Blockstream Capital, aiming to raise $800 million more for further purchases, signaling strong institutional interest.
Market Sentiment: The Fear and Greed Index has dipped slightly but remains in "greed" territory, reflecting optimism despite potential overbought conditions. Bitcoin ETF inflows continue to drive institutional demand.#BinanceHODLerERA #BTC120kVs125kToday #AltcoinSeasonLoading #BTCWhaleTracker #BTC120kVs125kToday $BTC $ETH $XRP