🟡 Bitcoin & Ethereum
🟢Bitcoin is trading around $118,600–$120,200, slightly down (~0.7%) from its weekly highs, following a burst above $121K driven by strong U.S. legislative momentum .
🟢Ethereum's outlook is highly bullish—ETH hit a six-month high near $3,675 before moderating to around $3,600–$3,650. Demand for Ether surged amid stablecoin regulation on the Ethereum blockchain .
🌱 Altcoins & Market Movers
XRP blasted to $3.64 (all‑time high) and currently sits near $3.40, up ~5% today .
Dogecoin and Hedera both surged over 15%, reflecting rotation into meme and smart-contract tokens .
Ethereum Classic, Bitcoin Cash, and DOGE (“dinosaur coins”) surged on elevated volume, signaling renewed altseason vibes .
Cardano (ADA) is also in rally mode—up ~70% since June, now trading near $0.89 .
🏦 Market & Institutional News
Crypto total market cap surpassed $4 trillion for the first time, fueled by rallying altcoins and regulatory clarity .
Over $5.8 billion in BTC and ETH options expired today—Ethereum led in activity, with strong bullish bias post-expiry .
Institutional flows remain strong; corporate treasuries and Ether-linked stocks (e.g., BitMine, Bit Digital) rallied amid ETH’s rise and stablecoin bill progress .
⚖️ Regulatory & Policy Updates
The U.S. House passed three major crypto bills during "Crypto Week" on July 17: the GENIUS Act (stablecoin regulation; moves to President’s desk), the Digital Asset Market Clarity Act, and the Anti-CBDC Surveillance State Act (blocking Fed-issued CBDC) .
The GENIUS Act was signed by President Trump on July 18 .
These U.S. actions helped spur market optimism and institutional demand .
Globally: Pakistan established the Pakistan Virtual Assets Regulatory Authority (PVARA) after launching the Pakistan Crypto Council in March—signaling active crypto oversight .
Meanwhile, the EU’s MiCA framework is fully in effect since December 2024, with AML concerns continuing to shape policy across jurisdictions .
📊 Quick Summary
BTC & ETH BTC around $119K–$120K; ETH surging above $3.6K on stablecoin rails.
Altcoins XRP hitting all-time highs; DOGE, ADA, ETC showing strong rallies
Market $4T+ crypto market cap; major options expiry; institutional buy-in
Regulatory U.S. passing major bipartisan crypto laws; global regulators moving faster
🤔 Your next moves?
Monitor BTC/ETH price action for follow-through after this regulatory-driven rally.
Watch how altcoins respond to the fresh liquidity and market structures.
Stay alert for Senate votes and global policy implementations—they’ll shape institutional flow and next price leg.
