🔥 Overall
The state of the crypto market is extremely bullish: total capitalization is rising by 1–4%, and leading coins are constantly setting new records.
It seems that a new "crash" is not near – institutions are pouring large amounts of money, ETFs are showing significant fund inflows, and as we approach $120,000, BTC is seriously coming onto the radar.
💰 Bitcoin (BTC)
• NEW YORK/SINGAPORE — new peak ~ $116,781–$116,868, with annual growth over +24% News.com.au+2 Reuters+2 The Times of India+2.
• The movement is supported by banking institutions and political background — the USA is easing regulations under the new president Reuters+11 Reuters+11 The Times of India+11.
Ethereum (ETH)
• Trading around $2,987–3,021, with a daily increase of ~+7%.
• ETH attracts institutional capital and ETFs just as actively as BTC.
🧭 Other assets and sentiments
• Altcoins are also in the game: Solana, XRP, ADA, DOGE — in the green, possible start of "alt season" News.com.au+1 CoinCentral+1.
• Significant liquidations: $1 billion shorts were burned in a couple of days, including $656 million BTC and $260 million ETH.
🏛️ Regulatory changes
• USA: a range of legislative initiatives ("Crypto Week") — Genius Act regarding stablecoins, Clarity Act, Anti-CBDC Surveillance State Act — brings both transparency and risks for innovation Wikipedia+2 The Washington Post+2 lowenstein.com+2.
• EU: ESMA criticizes Malta for negligence in MiCA licensing Reuters.
• Pakistan: launching a CBDC pilot, creating PVARA for a regulated market; involving Binance as a consultant.
• UAE (Dubai): Emirates and Crypto.com are testing crypto payments next year Reuters.
🧠 What does this mean for you?
1. The trend remains bullish, likely, BTC will shoot up to $120,000 by the end of July.
2. Institutional investments and ETFs are the main driving force.
3. Regulatory dynamics may create short waves of volatility, but the overall picture is favorable.
4. The alt sector is activating — it’s a good time for diversification.
🎯 Recommendations
• If you are already in BTC or ETH — you can hold or partially rebalance into alts.
• For beginners — it’s worth waiting for support levels around $115,000 for BTC or ~ $2,900 for ETH.
• Keep an eye on legislative news — they can sharply change the market.
₿ Summary: preparing for the hottest phase of summer in crypto. If you haven’t entered — don’t sleep, coins are actively moving. 🚀
