#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 rise

1. U.S. legislative developments:

- Signing of the GENIUS Act to regulate stablecoins and the approval of the CLARITY Act and the Digital Currency Central Bank Act.

- These laws enhance institutional legitimacy, but full implementation may take months, creating cautious optimism.

2. Institutional flows:

- $1.9 billion flowed into Bitcoin ETF funds last week (particularly BlackRock).

- Rumors about the SEC soon approving Bitcoin derivatives ETFs (with leverage).

3. Whale activity:

- Large investors are buying significant amounts at any price dip, supporting price stability at record levels.

Technical risks: