Notable crypto news on July 15, 2025: $XRP
1. Bitcoin adjusts after ATH, overall market down 5%
• Bitcoin surged to a record level of $123,000 on July 14, thanks to expectations from U.S. policy and institutional cash flow.
• However, by July 15, Bitcoin adjusted, falling below $117,000 as investors took profits; altcoins lost up to 10%, pulling total market capitalization down by 5%.
2. “Crypto Week” cycle at the U.S. Congress
• The week from July 14–18 is referred to as “Crypto Week,” with important bills such as the CLARITY Act, GENIUS Act, and Anti CBDC Surveillance State Act under consideration.
• Banks like Standard Chartered have started offering spot Bitcoin/Ethereum trading services for institutional clients.
3. Technical analysis & market outlook
• Expert Steve Grasso predicts that Bitcoin will no longer experience 80% declines, potentially rising to $250–350K, with a long-term target of $500K, even $1 million.
• XRP “close to reaching a new ATH,” testing the $3 range; if it breaks through, it could aim for a target of $4.8.
4. Other notable news
• Coinbase lists token PUMP on Solana & Base Network.
• Hedge funds accumulate a short position in Ether worth $1.73 billion on CME contracts.
• Hungary tightens laws, imposing prison sentences for trading crypto on unlicensed exchanges.
• Ethereum recovers to ~$2,950, after a slight adjustment of 1.7%.
• MicroStrategy has a deadline of July 15 for investors to file lawsuits over losses.