๐ฐ Crypto Market Today โ July 23, 2025
Bitcoin is hovering around $117,755, down ~1.1%, while Ethereum trades at $3,584, down ~3%. The market remains cautiously bullish with support from U.S. legislative progress and growing institutional adoption. Recently passed crypto bills, including the GENIUS Act and Digital Asset Market Structure bill, are improving investor sentiment and regulatory clarity.
The Trump administration's pro-crypto stance, including plans for a Strategic Bitcoin Reserve, has further boosted confidence. Meanwhile, tokenization of real-world assets and spot ETF inflows are strengthening market foundations.
๐ Upcoming Events:
Late July: Senate debates new crypto regulation drafts
July 30: U.S. Fed interest rate decision (could impact risk assets)
๐ฎ Outlook:
Analysts expect Bitcoin to hit $145K by end of 2025, with potential upside. Ethereum and altcoins remain volatile but promising, especially with DeFi and L2 growth.
In short: bullish momentum continues, though short-term pullbacks and macroeconomic events could create waves.
