#BTCvsETH #BTCvsETH ### 📊 **Updated Analysis of the Cryptocurrency Market (July 21, 2025)**
Based on the latest market data and legislative developments, here is a detailed analysis of Bitcoin ($119,000) and Ethereum ($3,800)
🔷 Bitcoin (BTC) at $119,000
Driving Factors for the Upsurge
1. U.S. Legislative Developments:
- Signing of the GENIUS Act to regulate stablecoins, and the approval of the CLARITY Act and the fight against Central Bank Digital Currencies.
- These laws enhance institutional legitimacy, but full implementation may take months, creating cautious optimism.
2. Institutional Flows:
- A flow of $1.9 billion into Bitcoin ETF funds last week (especially BlackRock).
- Rumors about the SEC soon approving leveraged Bitcoin derivative ETFs.
3. Whale Activity:
- Large investors are buying significant amounts at any price dip, supporting price stability at record levels.
Technical Risks:
- RSI Indicator: at 86 (a serious overbought signal).