In July 2025, the cryptocurrency market experienced notable fluctuations with Bitcoin (BTC) reaching new all-time highs above $118,000, while Ethereum (ETH) led gains among major cryptos, trading around $3,600 to $3,820. ETH exchange-traded funds (ETFs) consistently outperformed BTC ETFs in inflows, with record-setting inflows of up to $727 million. Solana (SOL) also showed strong performance, nearing $200 per token. The Trump administration took active steps in the crypto sector, including plans to publish a crypto policy report, filing for a 'Blue Chip' ETF featuring BTC, ETH, SOL, XRP, and CRO, and signing the GENIUS Act into law, which capped Crypto Week. Trump Media disclosed holding $2 billion in BTC, ranking fifth on corporate treasury lists. Major financial institutions like BlackRock filed for ETH staking ETFs, and Cantor Fitzgerald was close to a $4 billion SPAC deal to purchase BTC. Coinbase expanded its offerings by acquiring Liquifi token management and launching perpetual trading in the US, while PNC Bank partnered with Coinbase to provide crypto services. The Department of Justice dropped investigations into Polymarket, and bipartisan senators raised concerns over the crypto market. The memecoin market cap surged to $85 billion, led by a 33% increase in Dogecoin (DOGE). Additionally, significant token sales and acquisitions occurred, including Pump Fun's $4.9 billion token sale and acquisition of Kolscan, and SBET becoming the top ETH holder, surpassing the Ethereum Foundation. Market activity was marked by over $1 billion in short liquidations, the largest in four years, and increased ETF trading volumes, with ETH ETFs nearly flipping BTC ETFs in inflows. Meanwhile, JPMorgan evaluated lending against BTC and ETH, and new crypto bills passed House votes, signaling growing regulatory engagement. Despite some price pullbacks, the crypto market maintained overall resilience amid evolving regulatory and institutional developments.