Bitcoin Hits $123K, US House Approves Crypto Bills, Ethereum Surges, GENIUS Act Set for Trump Signature!

Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday, July 14th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10 cryptocurrencies according to Coin Market Cap and anticipate how the market could evolve throughout the week. On Friday, July 18th, 2025, at 6:00:02 PM EST (12:00:02 PM CET), we will compare these prices with the closing values to identify market trends and fluctuations.
CRYPTO | INITIAL | % CHANGE | FINAL |
---|---|---|---|
BTC | $121,862.99 | -3.17% | $117,995.20 |
ETH | $3,046.60 | 17.43% | $3,577.49 |
XRP | $2.95 | 14.56% | $3.38 |
BNB | $703.92 | 5% | $739.12 |
SOL | $166.80 | 6.34% | $177.37 |
DOGE | $0.21 | 14.31% | $0.23 |
ADA | $0.75 | 9.61% | $0.82 |
TON | $3.04 | 6.73% | $3.24 |
AVAX | $21.71 | 9.63% | $23.80 |
Bitcoin Tops $120K as U.S. Policy Boosts Market
Bitcoin surged to a record $123,000, briefly surpassing Amazon in market cap. Investors keyed into the start of Crypto Week in the U.S. House, expecting pro-crypto policymaking.
U.S. House Advances Key Crypto Bills
The U.S. House cleared major procedural steps on the GENIUS, CLARITY, and Anti-CBDC acts during “Crypto Week,” advancing the first mainstream federal crypto regulations.
Stablecoin Bill Clears House, Heads to White House
Lawmakers passed a stablecoin framework—backing tokens with liquid reserves—marking a landmark step toward regulatory clarity in the U.S.
Trump Set to Sign GENIUS Act
President Trump is expected to sign the bipartisan GENIUS Act into law, introducing stablecoin guardrails and prohibiting a Fed-issued CBDC—capping a watershed week for crypto.
Sources
https://www.reuters.com/business/bitcoin-crosses-120000-record-high-2025-07-14/
https://www.reuters.com/business/bitcoin-crosses-120000-record-high-2025-07-1
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