🔍 Crypto Market Summary – July 17, 2025

🟠 Bitcoin (BTC)

Price: ~118,720 USD

Fluctuating in the range of 117k–120k → accumulation state

RSI & MACD neutral → no breakout signal yet

👉 Strategy: Hold, monitor reactions around the 115k–118k range

🟣 Ethereum (ETH)

Price: ~3,362 USD

Breakout from the 3,000 range, may target 3,520 USD

Strong technical indicators, significant institutional cash flow

👉 Strategy: Hold, may take light profits near 3,320 USD

📰 Notable News

Tether buys South American agriculture company → boosts USDT adoption

Peter Thiel invests in a company holding 163k ETH

Wealthy individuals in India actively buy BTC as “digital gold”

GENIUS Act (stablecoin regulation) passed by the US House of Representatives

👉 Positive long-term signal for ETH and the market in general

✅ Conclusion:

ETH leads the bullish wave, may continue to surpass 3,500

BTC steadily accumulates, no breakthrough yet

News strongly supports stablecoins & institutional cash flow.