In late July 2025, the cryptocurrency market saw notable activity with Bitcoin (BTC) reaching new all-time highs around $118,000 to $119,000 and Ethereum (ETH) advancing to approximately $3,900. ETH continued to outperform other major cryptocurrencies, supported by record inflows into ETH exchange-traded funds (ETFs), which reported $402 million in inflows for 17 consecutive sessions and a total of $7.8 billion year-to-date. Bitcoin ETFs also saw strong inflows, though ETH ETFs have recently outpaced BTC ETFs by about $200 million over six sessions. Binance Coin (BNB) hit a new all-time high above $800, while Solana (SOL) traded near $190. Market momentum was bolstered by several institutional moves, including SharpLink Gaming acquiring over 360,000 ETH and Tom Lee’s BMNR disclosing $2 billion in ETH holdings, overtaking previous top holders. SBET shareholders approved a share dilution plan to raise $5 billion for additional ETH purchases. Notable corporate developments included Coinbase acquiring Liquifi token management and launching a new app called 'Base,' as well as partnerships with PNC for a Crypto-as-a-Service model. BlackRock filed for ETH staking for its ETH ETF, and bipartisan US Senators passed three crypto bills in the House, with President Trump signing the GENIUS Act capping Crypto Week. Additionally, a US-EU trade deal with a 15% tariff and a 90-day delay on China tariffs contributed to positive market sentiment. The US Department of Justice dropped an investigation into Polymarket, and the US government planned to publish a crypto policy report by July 22. Meanwhile, the crypto market experienced a surge in memecoin market capitalization to $85 billion after Dogecoin (DOGE) rallied 33%. The NFT sector also showed strength, with CryptoPunks NFTs seeing a floor price of $143,300 and significant trading volume. Overall, the period was marked by strong institutional interest, regulatory progress, and robust market performance across major cryptocurrencies and related financial products.
Bitcoin ATHs on THIS DAY, ETH to $4K, ENA Pump, Bittensor, Altcoin Surge & More https://t.co/Ead6DVAZfX
🟥 Things I’m looking at today 🟥 Altcoins lead rally, US-EU trade deal, NFTs & memecoins soar Crypto * BTC: 118.6k (+2%) | BTC.D: 60.8% (-1%) * ETH: 3870 (+4%) | XRP: 3.23 (+3%) | SOL: 192 (+6%) * Top Gainers: OP, SPX, ENA, AVAX, BNB * BTC ETFs: +$131mn | ETH ETFs: +$453mn * https://t.co/46Tt9NeUaY
The Morning Minute (7.28) ⏰Top News: -Crypto majors close weekend green; BNB & ETH lead -Trump trade deal with EU + tariff delay with China push markets higher -ETH / BTC ratio at highest level since mid-January -Galaxy completes $9B Bitcoin sale for ancient whale, one of https://t.co/kNS55qNNwA