Bitcoin regained near-record highs around $119–120K, supported by renewed ETF inflows and strong institutional participation Forex+7Barron's+7Mitrade+7.
Ethereum surged ~25–30% last week, trading in the $3,800–4,000 range. The momentum is driven by ETF flows, corporate accumulation, and sentiment tied to stablecoin reforms Barron's+10DailyForex+10Mitrade+10.
Crypto Stocks Soar
Following the GENIUS Act:
Major crypto-linked stocks (e.g., Coinbase, BitMine, Bit Digital) rose between +1.9% to +12.6% Barron's+6Reuters+6Wikipedia+6.
ETFs like the ProShares Ultra Solana ETF jumped ~16.2%, with Solana hitting highs unseen since February
Security Breaches Hit $2.17B in H1
Crypto thefts reached a staggering $2.17 billion in the first half of 2025—surpassing all of 2024. Major hacks at ByBit and CoinDCX highlight ongoing security vulnerabilities in the crypto ecosystem za.investing.com+1The Times of India+1.
Forex & Crypto: USD Weakness Boosts Digital Assets
With the U.S. Dollar Index (DXY) slipping (around 98.2), crypto—especially Bitcoin—is benefiting through inverse correlation. This also relates to forex dynamics, with USD pairs showing softer momentum Mitrade.
Outlook for Traders & Investors
Short-term consolidation expected for BTC around $120K. A breakout above could lead to a push toward $130K; support lies at ~$110K The Economic Times+4DailyForex+4FXStreet+4.
Watch Ethereum’s $4K manuever and whether the Clarity Act (legislation defining crypto as securities vs. commodities) progresses in the Senate. Its fate could significantly shift investor positioning Barron's+1Barron's+1.
Stay alert for:
Movement on the Clarity Act in Congress.
Any pullbacks in Bitcoin close to its $120K cap.
Further crypto stock reactions and evolving stablecoin guidelines.
