🔥 OTC Weekly Recap: Bitcoin Hits New ATH at $123K, ETH Rockets 23%, Altcoin Momentum Builds! 💹💰
📆 Date: July 17, 2025
🚨 Key Highlights This Week:
🔵 Bitcoin (BTC) soared past the $120K psychological barrier, peaking at $123,218 USDT, before cooling down to the $118K zone.
📈 Fueled by over $2.2B in ETF inflows and rising implied volatility (25% ➡️ 40%), BTC remains in strong bullish territory.
🟣 Ethereum (ETH) up 23%, powered by institutional buys:
SharpLink Gaming bought $225M ETH
BitMine Technologies added $500M+ to their ETH treasury
➡️ Total ETH locked = 280K ETH ($884M) 💼🔥
🟡 Altcoins Showing Strength:
Curve (CRV): +71.4% 🚀
Ethereum Name Service (ENS): +37%
Ondo (ONDO): +15% intraday
Solana (SOL): +12%, trading above $175
💡 Desk Outlook:
BTC likely to consolidate sideways while altcoins may continue to outperform. But be cautious—chasing green candles ≠ smart strategy. Stick to high-conviction holds and wait for your turn 📊⏳
📊 Macro Pulse:
🇺🇸 US CPI & Core CPI rose (2.7% & 2.9%) — increasing chances of rate cuts by Sept
🇨🇦 Surprising job boom + higher CPI
🇨🇳 Loan surge + 5.3% GDP = strong policy support
🇩🇪 & 🇬🇧 Mixed inflation data, still above target
🧠 Why OTC?
Looking to trade large volumes with minimal slippage and zero public exposure? Binance OTC gives you:
✅ Manual + algo quotes
✅ Convert & Block Trade platform
✅ API access for automation
📲 Join @BinanceOTCTrading on Telegram to stay ahead of the curve!
🚀 Price Snapshot (as of now):
BTC: $120,304 (+1.35%)
ETH: $3,609
SOL: $175+
Altcoin rotation in full effect — don’t sleep on your bags 👜