1. Crypto market tops $4āÆtrillion
The total crypto market cap has surged past $4āÆtrillionāits highest level in yearsāsparked by strong gains across nearly all major tokens and fueled by positive U.S. regulatory developments
2. GENIUS Act signed into law
On July 18, 2025, President Trump signed the GENIUS Act, establishing the first comprehensive federal regulation for stablecoins in the U.S. . This act sets strict reserve and transparency requirements, and attracted broad bipartisan support in both the Senate and House .
3. House approved wider crypto laws
Earlier this week, dubbed āCrypto Week,ā the House passed two additional billsāthe CLARITY Act (defining SEC/CFTC crypto roles) and the AntiāCBDC Surveillance State Act (prohibiting a Fed-issued digital dollar). Both now await Senate approval .
Token Performance & Price Action
Ethereum (ETH) climbed nearly 6% to the $3,600ā$3,650 range, boosted by spot ETF inflows and optimism around the GENIUS Act . Traders are now eyeing a move toward $4,000 by July 25 .
Bitcoin (BTC) hit a new all-time high above $123,000 earlier in the week, though it has since pulled back to $117ā$120āÆK; the current widget shows $117,080 .
XRP reached a record level near $3.64 and is now hovering around $3.4ā$3.6 .
Altcoin rally: 96 of the top 100 cryptocurrencies are in the green; DOGE, ADA, UNI, HBAR and others are showing double-digit percentage gains .
Whatās Driving the Rally?
Regulatory clarity: The GENIUS Act and other bills represent a historic step toward mainstream crypto adoption, building trust among institutions .
ETF & investment flows: ETH spot ETF inflows are at near-record levels, and Bitcoin has seen consistent daily inflows, strengthening momentum .
Institutional adoption: Asset managers like JPMorgan and Citigroup are preparing stablecoin issuance; corporate Bitcoin reserve strategies continue to improve sentiment .
š Key Takeaways
Factor Impact
Regulation GENIUS Act now law; other bills advancing
Market Cap Surpassed $4āÆtrillion
Price Trends ETH ā $3,600+, BTC around $117ā120āÆK
Outlook Bullish sentiment; institutions moving in