1. Crypto market tops $4 trillion

The total crypto market cap has surged past $4 trillion—its highest level in years—sparked 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 ā€œCrypto Week,ā€ the House passed two additional bills—the CLARITY Act (defining SEC/CFTC crypto roles) and the Anti‑CBDC 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 $3,600–$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 $117–$120 K; the current widget shows $117,080 .

XRP reached a record level near $3.64 and is now hovering around $3.4–$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 .

What’s 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 .

šŸ“Œ Key Takeaways

Factor Impact

Regulation GENIUS Act now law; other bills advancing

Market Cap Surpassed $4 trillion

Price Trends ETH ā‰ˆ $3,600+, BTC around $117–120 K

Outlook Bullish sentiment; institutions moving in

$BTC