๐ Major Highlights โ Crypto Market July 20, 2025:
1. GENIUS Act Passed โ A Turning Point for Crypto Regulation in the US
The US House has passed the GENIUS Act, a historic bill that legally recognizes stablecoins. All stablecoins must now be backed 1:1 with dollars or treasury assets.
๐ This boosts investor confidence and creates long-term clarity for crypto projects.
2. Bitcoin Hits New All-Time High โ $123,000
Following the regulatory news, Bitcoin has surged past $123k. Ethereum is trading near $3.8k, and XRP has crossed $3.60 for the first time ever.
๐ Global crypto market cap has crossed $4 trillion.
3. Institutional Inflows Surpass $50 Billion in 2025
Deutsche Bank reports record institutional investment through Bitcoin ETFs, corporate reserves, and venture capital.
๐ This indicates long-term faith in blockchain.
4. CoinDCX Suffers $44M Hack
Indian crypto exchange CoinDCX was hacked via hot wallet, but user funds remain safe. Investigations are ongoing.
5. Meme Coins on Fire โ BONK, Little Pepe Lead Surge
Meme coins like Dogecoin, Shiba Inu, and Bonk are rising. Newcomer โLittle Pepeโ is gaining attention due to staking and DAO utility.
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๐ Market Snapshot (24h):
$BTC : $118,200 (โ 2.1%)
$ETH : $3,765 (โ 4.0%)
$XRP : $3.61 (โ 1.4%)
BNB: $674 (โ 2.09%)
SOL: $196.7 (โ 1.99%)
Market Cap: $3.9 Trillion (โ 0.9%)
