Here are the latest updates across the crypto world:
Bitcoin (BTC)
$116,412.00
-$3,412.00(-2.85%)Today
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6:20 PM
Ethereum (ETH)
$3,046.71
+$53.33(+1.78%)Today
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đ Market Highlights
Bitcoin & Ethereum Surge on "Crypto Week"
Bitcoin recently hit an all-time peak around $123,000, buoyed by U.S. Congressâs focus on crypto legislation, dubbed âCrypto Weekâ Wikipedia+14MarketWatch+14CoinDesk+14. Despite a slight pullback to ~$116k, analysts say the rally has more room to run, signaling ongoing institutional confidence .
Ethereum also climbed, reaching a five-month high of about $3,048 Al Jazeera.
Key Legislation Under Review
This week, the House is debating three major bills:âŻthe CLARITY Act, AntiâCBDC Surveillance State Act, and the Senateâpassed GENIUS Act on stablecoin regulation Politico+6Financial Services Committee+6Wikipedia+6.
However, Politico reports procedural resistance from House conservatives, indicating some legislative friction Politico.
Institutional Adoption & Stablecoin Expansion
Stablecoins are gaining momentum under the GENIUS Act, with big banks (JPMorganâs JPMD, BNYâRipple) and payments firms (VisaâCircle, PayPal USD, Shopify) positioning for integration Business Insider.
Standard Chartered launched direct client trading in BTC and ETH on July 15âa first among global banks YouTube+8Financial Times+8The Times+8.
Meme-Coin Renaissance
Bonk, Shiba Inu, Dogecoin, and newcomer Little Pepe (LILPEPE) are catching attention. Little Pepe stands out with Layerâ2 utility, DAO governance, staking rewards, and a presale fetching over $5âŻmillion Cryptopolitan+1Indiatimes+1.#BTC #ETH #news $ETH $BTC
