📈 Current Prices
🔥 Market Highlights
1. Bitcoin Hits New All-Time Highs
$BTC recently surged above $118,000, marking a fresh all-time high. Over the past 24 hours, price action shows a 6–8% increase, propelled by expectations of a Fed rate cut and strong institutional inflows .
Technical analysts predict further upside—possibly +14%—with a bullish "cup-and-handle" chart pattern and MACD confirmation .
This rally also boosted Ethereum (+7–16%), Solana (+4–5%), Dogecoin, and XRP, as the broader crypto market turned uniformly green .
2. Institutional & Regulatory Drivers
Rising inflows into Bitcoin & Ethereum spot ETFs reflect institutional confidence; regulatory tailwinds include the upcoming U.S. “Crypto Week” (July 14–18), featuring votes on the CLARITY Act, GENIUS Act, and Anti‑CBDC Surveillance Act .
The GENIUS Act passed the Senate on June 17; now awaiting House review—aimed at stablecoin regulation with strong auditing requirements .
3. Crypto in the Spotlight (Global News & Scams)
The U.S. FBI flagged scams involving celebrity deepfakes, such as an AI-generated Elon Musk phish, resulting in significant losses .
A DOJ review revealed MoonPay execs lost $250K of Ethereum via impersonation scams .
Pakistan’s central bank announced a CBDC pilot and near-final virtual-asset regulation framework, with Binance’s CZ named advisor .
Kashmir’s SIA raided sites tied to crypto terror funding—highlighting a renewed regulatory focus on illicit financial flows .
4. Altcoins in Focus
XRP may benefit from central banks using it as a cross-border CBDC bridge. Robinhood and Bitstamp are reportedly launching XRP-based derivatives on XRPL .
A Coinpedia weekly summary noted growing corporate support for Ethereum and ongoing regulatory clarity .
Solana continues to shine: ZebPay lists SOL among the top 10 altcoins to watch in July, alongside $BNB , $XRP , ADA, DOT, AVAX, etc. .
