🚀 Crypto This Week: July 7–12, 2025

Bitcoin Breaks Records

Bitcoin reached a new all-time high of about $118,856 on July 11, increasing the value of the entire cryptocurrency market to about $3.7 trillion. Thanks to inflows into spot Bitcoin ETFs and a more positive political environment in the US regarding cryptocurrencies, institutional investors flocked in. Alongside miner stocks like MicroStrategy, Riot Platforms, and Marathon Digital, cryptocurrencies like ETH, XRP, and SOL also had strong increases.

Investors+2AP News+2Reuters+2

Crypto Week Takes Center Stage in Washington

          U.S. lawmakers began "Crypto Week" in the House by discussing three important bills:
          • the GENIUS Act (full reserves, stablecoin monitoring),
          • the Anti CBDC Surveillance State Act, which prohibits a Fed-run digital dollar; and the CLARITY Act, which establishes regulatory jurisdiction between the CFTC and SEC.

These measures have the potential to shift the balance in favor of industrial interests or provide long-needed regulatory clarification. GENIUS has already passed the Senate; House votes are anticipated shortly.

 Coindesk+11The Washington Post+11Investors+11

Institutional Bets Spot an ETF Mania

Weekly inflows into Bitcoin ETFs exceeded $3.6 billion, and daily inflows into ETH ETFs exceeded $1 billion. Technical momentum is pointing toward $130,000 and possibly higher, according to analyst sentiment from companies like Zerocap.

 CryptoPotato+2TradingView+2Zerocap+2

The Memecoins and Altcoins Getting Up

Whale buying propelled Steam XRP to a four-month high, while Dogecoin and other memecoins also saw significant increases. According to CoinDesk data, memecoins have increased by almost 49% since April 9 compared to BTC's ~31% and CD20's ~29%. This indicates that short-term gains are once again being driven by meme-driven speculation.

data.coindesk.com

Legal Drama: Co-Founder of Tornado Cash Faces Trial

On July 14, Roman Storm, a co-founder of Tornado Cash, will go on trial in New York. He has been charged with violating sanctions and money laundering in connection with more than $1 billion in illegal payments. A significant point is brought up by the case: can creators of decentralized tools be prosecuted for the actions of their users?

 WIRED

India Moves Towards Implementing Policies

The RBI has revealed that it is considering a domestic crypto policy paper, indicating that the central bank of India is closely monitoring events. Although it hasn't yet resulted in draft legislation, this reflects international scrutiny.

 The Economic Times

Increasing Risks: Cybercrime and Regulatory Reaction

Early in 2025, losses from cryptocrime already topped $500 million, with phishing and hacking being the main causes. Consumer advocacy organizations caution that new U.S. legislation might not adequately safeguard individual investors. Under the current administration, Senator Elizabeth Warren continues to criticize crypto favoritism.

 en.wikipedia.org

🔍 Why It Matters

1. There is actual momentum. Institutional demand and ETF inflows are driving Bitcoin and Ethereum to all-time highs.
2.  Crypto could be redefined by policy. Although not everyone views it as a victory, regulatory certainty could lead to wider adoption if Congress passes these proposals during Crypto Week.
3. The volatility has returned. Although memecoins are booming, there is a danger involved, particularly in light of persistent security threats.
4. Legal lines are not always clear. Future court decisions could influence how defi developers are held responsible in the future.
5.  The worldwide ripple effect. India and other countries are keeping a careful eye on things, indicating possible local policy changes.

🧭 What’s Next

• Votes for Crypto Week are anticipated by July 18. Keep an eye on the results of the Anti-CBD bill, GENIUS, and CLARITY.
•  If ETF flows continue unhindered, Bitcoin might test $130,000 or higher.
•  A significant precedent on developer liability may be established by the Tornado Cash trial verdict.
•  Later this summer, a crypto policy paper might appear in India.Be on your guard because most investors still find that smart contract security and phishing are weak points.

🔑 Snapshot Table

❓FAQ

This Week in Crypto Q1: What caused Bitcoin to reach a record high?

Massive ETF inflows, short liquidations, and optimism about impending U.S. legislation caused Bitcoin to soar above $118K.

Q2: What does the US Congress mean by "Crypto Week"?

Lawmakers are currently discussing important laws pertaining to stablecoins, the organisation of the cryptocurrency market, and the prohibition of a government-run digital currency (CBDC).

Q3: Are Ethereum ETFs becoming more popular?

Indeed. Over $1 billion was invested in ETH ETFs per day, indicating high institutional demand, particularly as staking and DeFi use cases expand.

Q4: Why are memecoins and altcoins becoming more popular?

Sharp price increases in assets like XRP, Dogecoin, and Shiba Inu are being driven by whale accumulation and speculative interest.

Q5: What is the purpose of the Tornado Cash trial?

For alleged money laundering, Roman Storm, a co-founder of Tornado Cash, is on trial. In DeFi, the case might reinterpret developer responsibility.

Q6: Is there a global shift in crypto regulation?

Indeed. While India's RBI is considering a national policy document, China is easing its position on stablecoins. Clearer regulations are likewise being pursued in the United States.

Start a cryptocurrency exchange. Try our crypto exchange platform; click here.

Disclaimer: It is important to note that the content of this article does not constitute financial or investment advice. The views expressed herein are solely those of the author and should not be interpreted as specific recommendations for trading or investing. Readers and visitors to the website are encouraged to explore various perspectives and familiarize themselves with relevant local regulations prior to engaging in cryptocurrency investments. We do not guarantee the reliability or accuracy of the information presented.