Stock market information for Bitcoin (BTC)
Bitcoin is a crypto in the CRYPTO market.
The price is 118417.0 USD currently with a change of 617.00 USD (0.01%) from the previous close.
The intraday high is 119252.0 USD and the intraday low is 115930.0 USD.
Here’s what’s driving the action:
📉 Price Pullback After Historic High
Peak & Retreat: Bitcoin surged to a record $123,153 on July 14 before easing back to around $118–119K (Investors, Reuters).
Current Levels: Following the high, it’s trading near the $118K mark, a slight retracement as investors reassess.
🏛️ U.S. “Crypto Week” — Congressional Spotlight
Three Key Bills Stalled: The CLARITY Act, Genius Act, and Anti‑CBDC Surveillance State Act, aimed at establishing clear crypto rules, hit a procedural roadblock in the House after 13 Republicans joined Democrats to oppose consolidating them (Investors).
Trump’s Intervention: Former President Trump engaged with Republican holdouts, reviving hope for a vote—starting with the Genius Act—possibly as early as today (Investors).
What’s at Stake: These bills would formally regulate stablecoins, define crypto classifications, and block a U.S. CBDC. A passage would bring long‑sought clarity to the market (Reuters).
📈 Institutional Inflows & ETF Impact
Massive ETF Inflows: $14.8 billion has poured into U.S. spot Bitcoin ETFs so far in 2025—contributing to its rally (MarketWatch).
“Whale” Accumulation: Institutional investors now hold a record ~3.54 million BTC, driven largely by ETF demand (MarketWatch). BlackRock's iShares Bitcoin Trust alone drew ~$1.35 billion in a single stretch (MarketWatch).
🔍 What’s Next for Bitcoin
Legislative Watch: Traders are eyeing the Genius Act vote. A favorable outcome could boost prices further; a stall, however, could deepen the pullback.
inflows and optimism around U.S. crypto legislation.
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