#CryptoSurge

🚀 Crypto snapshot (July 17, 2025):

Bitcoin is trading around $118.4K, hitting intraday highs near $120K. Ethereum sits near $3.36K, climbing after a dip into the low $3K’s.

📈 What’s moving the market?

“Crypto Week” ahead in Congress – The U.S. House is pacing votes on three major bills: the GENIUS Act (stablecoin frameworks), the Clarity Act (defining digital assets’ legal status), and the Anti‑CBDC Act (blocking a Fed-issued digital dollar). This optimism is helping BTC stay above $120K

Trump’s influence – President Trump is rallying Republicans behind the GENIUS Act, helping BTC recover swiftly from a brief decline following an earlier vote stall AInvest.

Institutional inflows – Renewed ETF flows and anticipation of regulatory clarity are supporting momentum. Big banks reporting strong earnings adds further tailwinds .

📌 What’s next?

Expect volatility: a House procedural vote is imminent, and outcomes could trigger sharp swings. If the GENIUS and Clarity Acts pass, prices may sustain a rally—potentially retesting $120–123K for BTC, while Ethereum hovers around $3.3–3.5K.

⚠️ Bottom line: Regulatory optimism fuels the surge, but the path forward hinges on Congress. Watch for vote results.