Bitcoin soared past $118,000 on July 11, 2025, driven by robust ETF inflows and growing confidence around favorable regulatory developments.
Institutional Dynamics:
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Spot Bitcoin ETFs continue seeing record inflows, with institutions driving the price near $118,755 at its peak.
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Corporate holdings, such as MicroStrategy’s BTC treasury strategy, helped boost institutional momentum.
Legislative Context:
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“Crypto Week” kicks off in Washington with House consideration of the Genius, Clarity and Anti‑CBDC bills.
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These bills propose frameworks for stablecoins, asset classification, and central bank digital currency safeguards.
Market Trends:
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Crypto miners and altcoins surged: Riot, Hut 8, and Mara gained +1.5%–4%, while Ether, XRP, and Solana jumped significantly.
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Total crypto market value climbed to about $3.7 trillion.
Analyst Insights:
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Citi: Calling Bitcoin “digital gold” may be premature amid market, regulatory risks.
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eToro’s Simon Peters notes, “the risk of a fall in price or short‑term pullback still exists”.
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Senator Warren voices concerns over regulatory giveaways.
