The GENIUS Act, signed on July 18, introduces the first federal stablecoin regulation by setting clear reserve requirements, consumer protections and AML standards.
The GENIUS Act also provides tax incentives and distinguishes token types to support DeFi innovation. It clarifies crypto regulations for digital assets. Meanwhile, the House passed the CLARITY Act, exempting non-custodial DeFi activities from registration, though gaps remain for derivatives protocols and state pre-emption.
This regulatory clarity bolstered market confidence, driving total crypto market cap above $4 trillion. At the same time, Ethereum surged over 30% as traders anticipate its Shanghai upgrade and ETH hit multi-month highs. Analysts now recommend top altcoins based on strong fundamentals, including Polygon (MATIC) for Layer-2 scalability, Solana (SOL) for high-speed transactions and Avalanche (AVAX) for DeFi growth. Bitcoin (BTC) retains about 45% market dominance, making dollar-cost averaging a solid strategy amid continued bullish momentum.
Cardano’s native token ADA vaulted 15% to $0.92, its highest level in four months. The rise follows founder Charles Hoskinson’s announcement of a third-party audit into Input Output Global’s treasury to address allegations by NFT artist Masato Alexander of misappropriating 318 million ADA ($619m). Hoskinson confirmed legal proceedings and said a draft audit report is under review, with a full independent audit due mid-August and a live-streamed presentation planned.
On-chain data show Cardano’s total value locked (TVL) surpassed $412m, while stablecoin inflows rose 15% over the weekend, signalling strong community support. Technically, ADA trades above its upper Bollinger Band with an RSI of 84, suggesting overbought conditions and a possible short-term pullback to $0.85. Key resistance stands at $1.00 and $1.20, with analysts maintaining year-end targets of $1.50–$2.00. Traders should monitor audit developments and the $0.85 support level as ADA aims for new highs.
Michael Saylor’s Strategy Inc acquired 6,220 Bitcoin for $739.8 million in the week ending July 20, 2025. The purchase was funded via at-the-market equity offerings, including the sale of 1.6 million MSTR shares and the issuance of preferred shares (STRK, STRF, STRD), raising a total of $740.3 million across four security classes. At an average price of $118,940 per BTC—well above Strategy’s $71,756 cost basis—the firm’s total holdings now reach 607,770 BTC, acquired for roughly $43.6 billion. Bitcoin’s current price near $118,000 delivers a 20.8% year-to-date return for the company.
Analysts point to a bullish pennant pattern after Bitcoin’s recent all-time high of $123,000. Strategy’s ongoing “stay humble, stack sats” approach underscores growing institutional investment in Bitcoin and bolsters market confidence. Senior executive Wei-Ming Shao sold 10,900 MSTR shares worth $4.9 million, following a prior $25.7 million sale. These moves, combined with large purchases by other corporates—such as Japan’s Metaplanet adding 797 BTC—and Block Inc’s S&P 500 inclusion, support trading momentum and market stability.
Major US banking groups led by the American Bankers Association have formally petitioned the Office of the Comptroller of the Currency (OCC) to delay approval of crypto bank licenses. In a July 17 letter, they argued applications from Circle, Ripple and Fidelity Digital Assets lack transparency and risk regulatory inconsistencies and unfair competition. The banks warn that granting crypto bank licenses without public review could unsettle trust charter policies, expand charter powers beyond traditional fiduciary duties, and pose systemic risks.
Crypto advocates, including Custodia Bank founder Caitlin Long and Paradigm’s Alexander Grieve, counter that traditional banks oppose competition and favor lower capital requirements for crypto trust charters. Long warned the dispute may trigger litigation and prompt banks to pursue similar charters to cut costs and ease regulation. If approved, crypto bank licenses would let issuers bypass state restrictions, directly manage stablecoin reserves, and offer nationwide digital asset custody under federal oversight.
For traders, the delay in crypto bank licenses signals ongoing regulatory hurdles for digital asset custody services. Prolonged uncertainty may weigh on stablecoin issuers and custody providers, affecting market liquidity and institutional adoption. However, a final decision by the OCC will shape the balance between financial innovation and risk management in the US crypto market.
Bearish
Crypto Bank LicensesOCC OversightTrust ChartersDigital Asset CustodyStablecoin Regulation
James Wynn returned to high-leverage trading on Hyperliquid, depositing 536,573 USDC to open $23.2 million in 25× long ETH (3,269 ETH at $3,726 avg) and 10× long PEPE (812.16 million tokens at $0.01358 avg), currently showing unrealized losses of $62,700 and $251,600 respectively. On July 21, a smart whale expanded the rally with $120.8 million in leveraged long positions across BTC (40×), ETH (25×), PEPE and HYPE (10× each), yielding $1.17 million in unrealized profits. The whale holds 501,000 HYPE tokens valued at $23.35 million, up 115%. On-chain data also reveals an $8.62 million USDC deposit for HYPE. Hyperliquid reported $648 billion in Q2 volume and $1.57 trillion annually, capturing over 60% of the perpetual DEX market, and now supports direct perpetual trading via Phantom wallet in the EU. These whale-driven leveraged trades highlight rising volatility and bullish momentum for major and meme cryptos.
Ethereum price extended gains past $3,800 to a six-month high as traders eye a near-term rally to $5,000, while analyst Eric Conner projects a long-term surge toward $41,000, representing a 29× repeat of its 2021 cycle. Driving factors include mass adoption, on-chain growth, and historical four-year market patterns that may repeat. Meanwhile, growing optimism for an “altcoin season” highlights five low-priced tokens—XYZ (XYZVerse), LUNC (Terra Classic), XLM (Stellar), TRX (TRON), and PI (Pi Network)—as candidates for potential 100× returns by end-2025, supported by successful presales, token burn mechanisms, and real-world partnerships.
XYZVerse has become a leading sub-$1 sports memecoin as investors seek high-growth altcoins ahead of the 2026 crypto bull run. The XYZVerse presale launched at $0.0001 and has surged to $0.003333, with upcoming tiers at $0.005 and $0.02 and a planned $0.10 listing—offering early backers up to 1,000× returns. The project has raised over $14 million and is nearing a $15 million market cap. Featuring a clear roadmap, smart tokenomics, regular token burns, scheduled CEX and DEX listings, and community airdrops, the platform targets sports and esports fans with its “G.O.A.T. vision.” Compared with other sub-$1 tokens like ONDO, USDY, PI, LUNC, XLM and TRX, XYZVerse’s strong presale momentum and focused fanbase position it as a standout pick. Traders should monitor the presale, as its robust metrics and tokenomics could drive bullish market activity.
Bullish
XYZVersesports memecoinpresale metricssub-$1 altcoin2026 bull run
On July 20, on-chain data show AguilaTrades opened a 15x leveraged Ethereum short worth $212 million at $3,586.79, with a liquidation price of $3,772.70, generating $2.45 million in unrealized profit. Simultaneously, AguilaTrades maintains a 20x leveraged Bitcoin short of $141 million at $117,807.30, liquidating at $129,630, with $80,000 in floating gains. These substantial ETH and BTC short positions underscore a bearish market sentiment among institutional traders. Tracking AguilaTrades’ leveraged trading provides insights into liquidity flows, potential crypto price corrections and advanced risk management strategies for traders.
U.S. President Donald Trump signed the GENIUS Act into law on July 18, 2025, establishing new stablecoin regulation. Under the GENIUS Act, only permitted payment stablecoin providers may serve U.S. customers after a three-year transition, and all stablecoins must hold 100% reserve backing in cash or U.S. T-bills. Tether’s Q2 2025 report shows USDT is currently 81.49% backed by cash and T-bills, falling short of GENIUS Act requirements. CEO Paolo Ardoino confirmed plans to register USDT under GENIUS Act rules with U.S. regulators (SEC or CFTC), partnering with regulated institutions to ensure full fiat backing, capital requirements, reserve audits, and transparency. Nic Carter warns that USDT in its current form will lose domestic use after three years, prompting Tether to target emerging markets for existing USDT and develop a new compliant U.S. stablecoin. Federal regulators are expected to finalize detailed rules by mid-2026. Traders anticipate the USDT U.S. launch under the GENIUS Act will boost liquidity, intensify stablecoin competition with USDC, shift trading pairs, and enhance market trust, though the peg’s price impact on USDT itself is likely neutral.
Dogecoin rally surged 53% in Q3 2025, marking its first quarterly gain since 2018 and extending a three-month climb of roughly 58%. This rally broke a six-year bearish trend after six consecutive Q3 losses from 2019 to 2024. In July, prices jumped over 47% to peak at $0.2566, lifting the price above $0.2471. Traders now target a break above $0.27 toward $0.30 as trading volume hit $6.03 billion and open interest rose to $2.83 billion. The Dogecoin rally is fueled by ETF speculation and social momentum rather than technical upgrades, echoing past memecoin surges. While bullish sentiment may sustain gains, traders should monitor social chatter and broader crypto trends to manage potential volatility.
In mid-July 2025, Whale Alert recorded a significant Bitcoin whale transfer of 7,743 BTC (≈$916 million) from Coinbase to a new cold wallet at $118,329 per BTC. IntoTheBlock data shows whale activity rose sharply over the prior two weeks. This surge in Bitcoin whale transfers began after a Satoshi-era whale moved 80,000 BTC (≈$8.7 billion) in eight batches—the first outflow since 2011. Subsequent flows of 9,000 BTC and 7,843 BTC went to Galaxy Digital, which then deposited around $236 million in BTC to Binance and Bybit. These Bitcoin whale transfers may signal institutional accumulation or imminent sell pressure. Traders should monitor whale activity and exchange deposits closely, as such large movements can fuel market volatility and risk a short-term price correction.
Institutional wallets have amassed over 145,000 ETH in recent weeks, combining acquisitions via FalconX and a Cumberland-linked address. Since July 12, a single wallet on FalconX has acquired 122,000 ETH for $435M at an average price of $3,213, including 19,550 ETH in a 10-hour window on July 19, yielding an unrealized profit of $41.34M. Separately, a Cumberland wallet has added 23,463.3 ETH since June 18, investing $76.5M at an average cost of $3,261, with a recent 3,263 ETH ($11.75M) purchase in eight hours and $6.63M in unrealized gains. This large-scale ETH accumulation underscores robust institutional demand, reduces exchange liquidity, and supports Ethereum’s price. Traders should view these whale movements as bullish signals but continue DYOR amid volatility.
Crypto market cap topped $4T on July 18, driven by Bitcoin and Ethereum gains. Bitcoin traded near $119k, making up 60% of the cap, while Ethereum hit $3,600. XRP, UNI and DOGE saw double-digit gains ahead of ETF approvals.
Institutional adoption then accelerated growth. Bitcoin ETF inflows exceeded $53B for IBIT, with total 2025 ETF inflows forecast to surpass $70B. Bitcoin now represents 31% of institutional crypto holdings and its market cap reached $2.13T, up 75.6% year-on-year. Price targets rose to $200k (Standard Chartered) and $185k (Galaxy Digital).
DeFi TVL doubled to $55B, led by HBAR partnerships with Nvidia and Intel. Bitcoin’s DeFi ecosystem expanded 600% to $6.68B.
On-chain AI activity jumped 86%, fueling a $60B AI blockchain market and 4.5M daily dApp users on platforms like BitTensor (TAO).
NFT and meme coin markets remained strong, with Pudgy Penguins’ floor above $100k and tokens like WIF, GOHOME driving $60.3B in value on SOL. Traders should watch Bitcoin ETF inflows and AI–DeFi integration for further market momentum.
Canary Capital has filed an S-1 registration with the U.S. SEC for a Staked INJ ETF. The proposed fund would track Injective’s (INJ) price and automatically collect staking rewards from its proof-of-stake network. Investors gain altcoin ETF exposure without managing wallets or validators. Similar to staked Ethereum products in Europe, the Staked INJ ETF aims to integrate staking yield into a regulated vehicle. Canary’s filing did not specify staking providers or the staking ratio. After the announcement, INJ’s price surged over 25%, reflecting strong trader interest. If approved, the ETF could broaden altcoin ETF offerings, attract institutional capital, and boost trading volume and capital inflows into DeFi assets. However, experts warn that large institutional inflows and portfolio rebalancing may trigger short-term market swings.
Sberbank has submitted a regulatory proposal to offer onshore crypto custody services for Bitcoin and other digital assets. The plan repatriates private keys to secure Moscow data centers, employing multi-layer encryption, cold wallets and account freeze capabilities. Operating under formal banking rules, the service will provide legal safeguards, theft support and compliance controls. This move reflects Russia’s push for financial sovereignty amid Western sanctions and aligns with upcoming digital ruble legislation and mining regulations. If approved, Sberbank’s custody solution will serve as a testbed for the 2026 digital ruble, allowing regulators to evaluate compliance systems and customer behavior. The initiative mirrors global trends, with banks like Deutsche Bank preparing similar offerings in Europe. A regulated onshore crypto custody platform is expected to boost market liquidity, strengthen institutional access and investor confidence, although transparency and sanction-circumvention risks remain.
OpenAI has unveiled two major enterprise upgrades for ChatGPT. From Q3 2024, ChatGPT will integrate with Google Cloud’s Vertex AI and TPU infrastructure, offering improved performance, fine-tuning and data-privacy features for corporate deployments. Additionally, OpenAI launched a general-purpose ChatGPT agent available to Pro, Plus and Team users, automating tasks like scheduling, code execution, web navigation and research synthesis. Benchmark tests show the agent doubles reasoning scores on “Humanity’s Last Exam” (41.6%) and quadruples results on “FrontierMath” (27.4%). OpenAI highlights built-in safety controls to prevent misuse. While these updates do not directly involve blockchain, they signal growing enterprise demand for AI infrastructure, potentially benefiting tech-sector sentiment even if crypto markets remain unaffected.
Thailand’s Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT) have launched a nationwide Thailand crypto sandbox pilot for foreign tourists. The Thailand crypto sandbox lets visitors convert digital assets into Thai baht via licensed digital asset exchanges, brokers and e-money providers.
Tourists must complete KYC and CDD checks before swapping tokens like Bitcoin (BTC) for baht. They can then use regulated e-wallets and QR-code payments to spend funds. The pilot runs for 18 months and integrates blockchain forensics tools, anti-money laundering controls and exit strategies.
The SEC consultation paper seeks public feedback on risk management measures, including AML controls and reporting requirements. Binance Thailand’s CEO says this program formalizes last year’s Phuket trial into a national regulatory framework. A five-year crypto capital gains tax holiday from 2025 to 2029 is also planned. By streamlining cross-border payments and enhancing payment flexibility, the sandbox could boost Thailand’s fintech tourism competitiveness.
A recent FOIA response showed the US Marshals Service holds just 28,988 BTC, fueling rumors of an 80% sell-off of US Bitcoin reserves. However, on-chain data from Arkham Intelligence confirms that other federal agencies still control about 198,012 BTC (≈$23.5 billion), meaning total US Bitcoin reserves remain intact. There is no evidence of a large government sale. A March executive order by former President Trump mandates that forfeited digital assets stay in a strategic reserve under the US Treasury. The broader federal crypto portfolio also includes 347 million USDT, 59,951 ETH (≈$202 million), 750 WBTC (≈$89 million) and 40,293 BNB (≈$29 million). Bitcoin trades near $118,360, and the clarification helps stabilize market sentiment around US Bitcoin reserves.
Neutral
US Bitcoin reservesUS Marshals ServiceGovernment crypto holdingsStrategic reserveBitcoin market
XRP surged 14% to a record $3.50 after the US House passed the GENIUS Act, clearing the way for Ripple’s RLUSD stablecoin. Reports that President Trump may open the $9 trillion retirement market to crypto further boosted gains. Bitcoin and Ethereum also climbed on broader market optimism.
Traders expect near-final resolution in the SEC v. Ripple lawsuit and potential approval of US-listed spot XRP ETFs. Crypto analyst John Squire warns holders against selling, comparing XRP’s stage to Apple before the iPhone. XRP has twice broken the $3 resistance this week and gained 49% in a month.
Key catalysts include clear federal rules for payment stablecoins, renewed regulatory clarity, and discussions on XRP’s role in national digital asset strategies. While targets above $200 remain speculative, rising adoption, utility-focused use cases and institutional interest underpin a bullish outlook. Traders are advised to research carefully and consider holding XRP to capture potential long-term growth.
Ethereum rallied over 8% in 24 hours to around $3,470, driven by renewed buying pressure and institutional accumulation. BlackRock added 159,101 ETH, WLFi and SharpLink Gaming also increased holdings, pushing total institutional reserves near 1.6M ETH and exchange balances to 13.4% of supply.
Wall Street views Ethereum as a core reserve asset for the on-chain dollar economy. Electric Capital data shows Ethereum hosts over 54% of the $200B stablecoin market and backs $19B in DeFi loans. Yield-bearing stablecoins topping $4B are fuelling demand for ETH collateral.
A Fidelity report frames Ethereum as a sovereign digital economy: ETH serves as base money and store of value, with daily active wallets above 2.5M and transaction counts near 19M. Analysts liken ETH to “digital oil,” underlining its role in transaction fees and collateral for tokenized real-world assets.
Ethereum’s fee revenue has fallen from $82M at its 2021 peak to $3M today, reflecting a shift toward Layer-2 scaling. As L2 throughput rises, institutional adoption momentum strengthens, positioning Ethereum for further upside. ETH traded up 23% last week, still below its $4,855 all-time high.
Coinbase Base App has rebranded from Coinbase Wallet into a unified on-chain platform that combines social media, payments, trading and mini apps on the Base Layer 2 network. The Coinbase Base App integrates Farcaster’s open social network and Zora’s protocol to treat every post as a collectible, allowing users to trade BTC, ETH and USDC directly in their feed and tip creators without follower thresholds. Base Pay, powered by Circle’s USDC, enables near-instant, fee-free NFC tap-to-pay transfers for merchants like Shopify, while a single “Base Account” sign-in replaces complex wallet setups with a universal on-chain identity. Hundreds of mini apps—from games and yield farming to prediction markets—plus end-to-end encrypted chat with AI agents, round out the feature set. Currently in beta with a waitlist, the Coinbase Base App aims to rival super apps by offering seamless on-chain interactions and driving broader crypto adoption.
Bullish
Coinbase Base AppLayer 2On-Chain SocialUSDC PaymentsDecentralized Apps
Bitcoin rebounded to around $118,800 after briefly hitting an all-time high near $122,000, driven by rising on-chain metrics such as open interest and funding rates. Short-term holders have started profit-taking, with Glassnode reporting a 15.4% unrealized profit and a 39.8% realized profit-to-loss ratio—levels often seen before market tops. CryptoQuant data also showed a record $9.29 billion in realized Bitcoin profits in one day, largely from Binance users, suggesting potential short-term volatility. The next key resistance for Bitcoin stands at $130,000. Meanwhile, traders rotated into major altcoins: Ethereum (ETH) rose 7.5% amid stablecoin regulation progress under the GENIUS Act, and Solana (SOL) gained 5% after Galaxy Digital withdrew $55 million in tokens from exchanges. Separately, Coinbase rebranded its Wallet as the Base App during its “A New Day One” event, positioning it as the gateway to its Layer-2 Base Chain, developer suite Base Build and a new mini-app marketplace, integrating chat, payments, trading and social features to drive mainstream adoption.
Bullish
Bitcoin PriceOn-Chain MetricsProfit-TakingAltcoin RotationCoinbase Base App
SharpLink Gaming has increased its Ethereum treasury to 321,000 ETH using a MicroStrategy-style strategy. Since early June, the gaming crypto firm made disciplined buys, including 20,279 ETH ($68.4M) on July 17 via Coinbase Prime and Galaxy Digital. The average cost is $2,745 per ETH. On-chain analysis shows an unrealized gain of $204M. This move highlights growing institutional investment in Ethereum. It underscores a trend of gaming and DeFi projects leveraging Ethereum’s network effects, scalability, and liquidity. Traders may view this as a bullish indicator for ETH and further institutional crypto adoption.
Ripple has teamed up with the Dubai Land Department (DLD) and fintech firm Ctrl Alt to pioneer government-backed real estate tokenisation on the public XRP Ledger. The initiative issues property title deeds as digital tokens, enabling fractional investments from AED 2,000 (around $550). Ripple’s institutional-grade custody solution secures title deeds on XRPL, while Ctrl Alt, licensed by the Dubai Virtual Asset Regulatory Authority (VARA), powers the tokenisation engine. Launched initially as a pilot with Prypco Mint in May 2024, the project splits high-value properties in Downtown Dubai, Palm Jumeirah and Dubai South into 1,000–10,000 tokens each. By enhancing transparency, broadening market access and providing regulated infrastructure, the Dubai real estate tokenisation aims to attract global virtual asset firms. Supported by Ripple’s DFSA-approved services in the DIFC and its expanding custody network, including the RLUSD stablecoin, this scheme strengthens Dubai’s bid to become a global digital-asset hub.
Bullish
real estate tokenisationXRP LedgerRipple custodyDubai Land DepartmentCtrl Alt
BigONE, a cryptocurrency exchange, confirmed on July 16 that a hot wallet hack resulted in the theft of roughly $27 million in digital assets. Attackers exploited CI/CD pipeline vulnerabilities to deploy malicious binaries and disable risk controls, triggering alerts after abnormal fund transfers.
Stolen assets included 120 BTC, 350 ETH, millions of USDT across TRC20, ERC20, BSC and SOL chains, plus tokens such as SHIB, CELR, SNT, DOGE, SOL, WBTC, XIN, UNI and LEO. To trace laundered funds, BigONE engaged blockchain security firms SlowMist and Cyvers. The hackers converted tokens to WETH/ETH for mixing and decentralized trades.
BigONE’s private keys remained secure and engineers contained the hot wallet hack swiftly. The exchange pledged full compensation from its security reserves and arranged external liquidity to cover user losses. Deposits and trading will resume within hours, with withdrawals reopening after enhanced security upgrades.
This hot wallet hack underscores persistent security risks in the crypto sector. Traders should monitor potential market impacts as exchanges tighten wallet management and incident response measures.
Bitcoin whale sell-off at a 122,000 USD peak triggered a sharp downturn, dragging the market lower. A single whale moved 16,843 BTC to an OTC desk, sparking defensive selling and causing prices to drop by around $6,000 per coin. Support at $111,000 held initially, but a full liquidation could test the $107,000–$110,000 zone. Traders should monitor Bitcoin whale sell-off alerts and OTC flows closely for fresh volatility.
Meanwhile, Ethereum’s earlier rally on Shanghai upgrade optimism paved the way for an 8% jump above $3,200 as staked ETH withdrawals unlocked liquidity. However, ETH recently failed to sustain a break above the $3,000 psychological level, retracting to $2,980 with the RSI near overbought and key EMAs at $2,587 (50-day) and $2,474 (200-day) offering support. A decisive close above $3,000 with strong volume is needed for a resumed uptrend.
Shiba Inu’s rally also stalled at its 200-day EMA around $0.000013, reversing on high volume in a classic liquidity grab. Without a confirmed close above $0.0000122, SHIB risks a deeper drop toward $0.000011. Traders should watch on-chain metrics, whale movements, and key technical indicators for entry signals and manage risk amid ongoing market swings.
U.S. markets responded to fresh inflation data, renewed tariffs and Nvidia’s GPU export approval, creating uncertainty for the crypto market. June’s Consumer Price Index rose 0.3% month-on-month and 2.7% year-on-year, with core inflation at 2.9%, prompting fears of tighter Fed policy. Meanwhile, President Biden’s announcement of 30% tariffs on EU and Mexico imports from August 1 may further pressure prices. Equity indices diverged: the Dow slipped 0.5%, the S&P 500 eased off record highs, and the Nasdaq gained 0.5% on Nvidia’s green light to ship advanced H20 GPUs to China. Mixed bank earnings—from Wells Fargo’s guidance cut to modest gains at JPMorgan, BlackRock and Citigroup—added to market volatility. Crypto traders should track ongoing CPI trends, Fed signals and trade developments for clues on liquidity and risk appetite. While higher inflation and tariffs may weigh on risk assets, the crypto market could benefit from sustained demand for AI-driven hardware and Nvidia’s China sales in the medium term.
XRP has surged beyond $3 after breaking a $2.2–$2.3 range, spurred by bullish market sentiment around Ripple’s RLUSD stablecoin launch on XRPL and its acquisition of Hidden Road. RLUSD’s market cap has exceeded $500 million. Futures open interest in XRP has jumped 121% to $8.11 billion since June, nearing January peaks, signaling growing trader conviction. Binance liquidation data shows clusters of leveraged positions at $3.04 and $3.14, raising the potential for a short squeeze. Despite a slight pullback to $2.87, XRP faces crucial resistance at $3. A sustained break and retest above this level could pave the way toward the $3.40 all-time high and beyond. Traders should monitor regulatory developments and market momentum for potential rapid, volatile rallies.
Bitcoin price surged above $122,000 after breaking the seven-year resistance trendline. Institutional demand via spot Bitcoin ETFs logged over $1 billion in net inflows for two consecutive weeks and $28 billion year-to-date, led by BlackRock. Technical analysts mark targets between $132,000 and $138,000, with measured-move projections around $135,000. Google Trends data reveal global retail searches and crypto-app downloads remain below half their year-end levels. The post-halving issuance drop to 450 BTC per day and 75% of supply held by long-term holders have created a liquidity vacuum. Bitcoin’s market cap reached $2.4 trillion, surpassing Amazon’s $2.3 trillion. Analysts caution that 20%–30% pullbacks and key support at $112,000–$115,000 should be monitored. Traders must watch ETF inflows and technical levels to gauge whether bulls can sustain momentum.