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#USCryptoWeek 📈 Market Highlights • Bitcoin reached another all-time high near $118k, boosted by strong inflows into spot Bitcoin ETFs—over $1.18 billion on Thursday alone—and a massive short squeeze netting $1.01 billion in liquidations  . • Ethereum, along with XRP and Solana, also rallied—ETH up ~7%, XRP ~10%, and SOL ~4.7%, buoyed by anticipation of institutional staking products and ETF-related flows . ⸻ 🏛️ “Crypto Week” (July 14–18) The U.S. House has designated this week as Crypto Week, during which three pivotal bills will be voted on: 1. GENIUS Act – Aims to create a federal stablecoin framework (already passed Senate 68–30) . 2. Digital Asset Market Clarity (CLARITY) Act – Defines regulatory jurisdictions for SEC vs. CFTC . 3. Anti‑CBDC Surveillance State Act – Seeks to block a U.S. central bank digital currency . Supercharged by oversight, pro-crypto signals and Trump’s backing and executive orders—this week could deliver transformational regulatory clarity ().
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