🔥 Institutional Surge Fuels Crypto Rally
Bitcoin and Ethereum are leading a broad-based uptick, with 90 of the top 100 tokens showing gains amid three major U.S. regulatory bills moving forward
. BTC hovers around $118K–$120K, with ETH at approximately $3.4K, riding an 8–9% daily boost from ETF inflows and buzz over stablecoin legislation .
🏛️ “Crypto Week” Breakthrough in Washington
The U.S. House is advancing three pivotal bills—the GENIUS Act (on stablecoins), the CLARITY Act (token-market regulation), and a ban on CBDCs. The GENIUS Act already passed in the Senate and is headed to Trump’s desk as early as Friday, marking a major shift in mainstream acceptance of crypto
🚀 Altcoins Steal the Spotlight
Ethereum stands out, outperforming peers with 9% gains and eyeing the $4K threshold. Meanwhile, XRP surged approximately 10%, trading near $3.30, led by robust futures positioning and Grayscale inclusion
marketpulse.com. On-chain trends point to a potential pullback—especially for XRP, whose RSI is entering overbought territory
🏦 Big Capital Enters the Ring
BlackRock has boosted its Bitcoin exposure by roughly 3.2%, adding close to $916 million in just over two weeks
AInvest
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BIT Mining, a NYSE-listed firm, allocated $200–300 million of its treasury to Solana, driving SOL up over 4% in a single day
bitcoinist.com
.
💰 Treasury-Backed Bitcoin Firms vs. ETFs
Jack Mallers of Twenty‑One Capital suggests Bitcoin treasury companies could outperform crypto ETFs in market participation, reflecting a growing appetite from institutional players for direct BTC backing
fortune.com
.
🌐 Global Energy Tax Angle
Laurence Tubiana, chief of the European Climate Foundation, has proposed taxing high-energy sectors—including AI, aviation, and crypto mining—to fund climate action. Such proposals are gaining traction in the EU
theguardian.com
.
🧭 What It Means for You
Momentum remains strong—institutional flow, bipartisan regulatory momentum, and altcoin leadership suggest this rally isn’t a short-lived spike.
Key levels to monitor: ETH approaching $4K, BTC consolidating around $120K, XRP at $3.30–3.40 (watch for pullbacks).
Regulatory clarity—the GENIUS and CLARITY bills can serve as a catalyst for increased institutional investment.
Macroeconomic overlay—energy/climate taxes on crypto operations could be a long-term trend to watch, especially for proof-of-work miners.