🏁 What to watch next U.S. Senate votes on companion crypto bills (CLARITY Act, Anti‑CBDC Act) to complete “Crypto Week” initiatives.
Global regulatory responses, especially from crypto‑heavy markets and jurisdictions watching U.S. precedent.
Market reactions—watch for BTC, ETH, and stablecoin volumes as the new stablecoin bill is implemented.
Overall, this has been a pivotal week in crypto: regulatory milestones in the U.S. and abroad, a market rally fueled by newfound clarity, and shifting dynamics that may shape adoption and investment into late 2025.
🚀 XRP's Meteoric Rally & ETF Breakthrough XRP just shattered its all-time high, surging past $3.60 for the first time amid a broad crypto bull run fueled by U.S. crypto-friendly legislation like the GENIUS Act Indiatimes.
This week alone, XRP has climbed over 30%, with around 7–10% gains just within the last 24 hours The Economic Times.
New investor inflows are evident: network activity and fresh addresses are hitting six‑month highs—indicating strong retail and institutional adoption
📈 Technical Outlook: Rockets or Pullback? Analysts suggest XRP has room to climb to targets between $4.00–$6.00, thanks to technical breakouts (above $3.50), bullish Elliott-wave patterns, rising whale activity, and increasing futures open interest The Motley Fool.
Immediate technical levels to watch: support near $3.20–$3.40, with resistance at $3.60–$4.00; potential pullbacks to $3.00 if momentum weakens .
#EthereumNews 🚀 Ethereum (ETH) Outlook ETH surged ~9–10 % today, trading around $3,440 USDT (approx. ₹2.8 lakh), driven by renewed altcoin enthusiasm—Ethereum led the charge with an 8.8 % jump to ~$3,441 USDT .
CoinDesk noted a sharp 10 % jump, marking ETH’s highest level since January, fueled by spot ETF inflows and institutional treasury purchases—over $900 million went into spot ETH ETFs last week, and corporate treasuries are increasingly “ETH-pilled” . Technical indicators highlight a breakout beyond prior resistance (~$3,280–$3,400), suggesting further upside toward $5,000 by year-end .
📊 Technical and Analyst Insights Technical analysts point to a clear breakout above prior resistance zones—especially above $112K and $116K—that triggered further upward momentum. Indicators show strong trend continuation potential, though some caution remains due to overbought conditions .
Some bullish forecasts suggest Bitcoin could reach as high as $140K–$180K in the current cycle, with particular emphasis on multiple Fibonacci extensions and institutional drivers .
⚠️ What Could Happen Next? Pullbacks and volatility remain possible given how fast prices have moved. Technical indicators like RSI are showing overbought territory, signaling potential consolidation in the near term .
Regulatory developments over the coming weeks—especially during U.S. Crypto Week in mid‑July—could spark further momentum or trigger market adjustments depending on the outcomes. #BTCBreaksATH #BTC