Cryptocurrency News Today: Market Updates & Analysis podcast.
Hey everyone, it’s Crypto Willy here, bringing you the freshest scoop on everything crypto for the week leading up to July 12, 2025. Buckle up, because the last seven days have been a wild ride in the digital currency world!
Let’s kick things off with the headline everyone’s talking about: **Bitcoin just smashed through a new all-time high**, trading above $117,500 after a 5.6% one-day jump. That puts Bitcoin’s year-to-date gain at about 15%, which is absolute fire compared to the S&P 500’s 7% climb. Institutional money keeps pouring in—$14.4 billion in net flows to spot Bitcoin ETFs so far this year, according to data from Farside Investors. This isn’t just traders chasing momentum: Bitcoin is being gobbled up as a treasury asset by companies and even by the U.S. government, with President Donald Trump recently establishing a strategic bitcoin reserve. Policy-wise, the Senate passed the GENIUS Act, marking major progress for crypto clarity in Washington.
Over on the **altcoin front, Ethereum’s showing fresh signs of life** after lagging earlier in the year. ETH jumped 6.5% this week to trade near $2,986, while meme legend Dogecoin posted the highest major-cap gain at 8.9%, landing at $0.1965. Notably, coins like Ethena and Sei exploded by more than 20%. On the flip side, Monero slid by 0.7%, but nearly every other top-100 coin is basking in green. The entire crypto market cap ballooned to $3.73 trillion, up a hefty 1.3% in just 24 hours, and total trading volume spiked to $231 billion. To put that in context, just a day earlier the market cap stood at $3.45 trillion. Talk about momentum!
Zooming out, the **macro backdrop is turbocharging risk assets**. The U.S. dollar is posting its worst performance since 1973, and with Trump’s 90-day tariff reprieve wrapping up, inflation risks are creeping back into focus. The Federal Reserve’s holding rates steady, but everyone’s watching for CPI jumps in the coming months. According to CoinShares, capital is shifting from retail exchanges into regulated ETF structures. Spot trading volume has actually dropped by 60% year-to-date, showing that institutions are buying to hold, not just to flip. Bitcoin’s liquid supply is down, with just 14% sitting on exchanges—down from 18% at the start of the year. For many, Bitcoin isn’t just speculative anymore; it’s turning into a macro-sensitive, institutionally aligned asset that could hedge against inflation and global uncertainty.
Regulatory news is also buzzing. The House of Representatives is gearing up for next week’s “Crypto Week,” with crucial bills like the CLARITY Act and the Anti-CBDC Surveillance State Act set for debate. Lawmakers are signaling they want to make America the global leader in crypto innovation, easing the pressure on firms after years of hostile policy and legal battles.
In the short term, technicals remain super bullish for Bitcoin, which is trading above all key moving averages. Eyes are on the $120K level as the next big resistance zone—if it breaks, you can expect a whole new flood of activity.
Thanks for tuning in to your weekly edition of Cryptocurrency News Today with me, Crypto Willy. Don’t forget to check back next week for more no-nonsense updates. This has been a Quiet Please production, and for more of me, surf on over to QuietPlease.ai. Stay sharp, stack sats, and see you soon!
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