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Following a brief period of declines, the cryptocurrency market has rebounded today. Out of the top 100 coins by market capitalization, 92 have experienced price increases in the last 24 hours. However, the overall cryptocurrency market capitalization has fallen by 2.1% to $3.8 trillion. The total trading volume in the crypto space stands at $205 billion, remaining consistent with yesterday’s figures.
TLDR:
Crypto Winners & Losers
As of this writing, all top 10 coins by market capitalization have recorded gains.
Bitcoin (BTC) has risen by 1.1%, surpassing the $117,000 mark and currently trading at $118,233.
Additionally, Ethereum (ETH) experienced the largest increase in this category, climbing 5.8% to a price of $3,145.
Dogecoin (DOGE) follows with a 3.3% increase, now trading at $0.1974.
Tron (TRX) saw the smallest rise, up 0.4% to $0.3008.
Among the top 100 coins, Pump.fun (PUMP) had the most significant appreciation, rising 11.2% to $0.006593, marking the only double-digit increase.
Artificial Superintelligence Alliance (FET) follows, having increased by 9.8% to $0.7578.
Fartcoin (FARTCOIN) experienced the largest decline among the eight coins in the red, down 4.6% to $1.2.
Next is WhiteBIT Coin (WBT), which fell by 2.1% to $44.31.
In other news, several cryptocurrency-related legislative efforts in the US did not progress in Congress on Tuesday. A faction of House Freedom Caucus members voted against the bills, citing concerns that the proposed legislation did not adequately address issues related to central bank digital currencies (CBDCs) and other matters.
WOW. Just came out of the @rstormsf trial (no phones allowed) and catching up on the House floor drama.
The procedural vote on the crypto bills failed after a group of GOP Freedom Caucus members voted no — mostly, I’m told, over concerns about CBDCs and the bills not being…— Eleanor Terrett (@EleanorTerrett) July 15, 2025
The Moscow Exchange announced plans to introduce a fund that will track one of the largest Ethereum ETFs globally, following the recent launch of a Bitcoin index futures offering. The new fund is set to launch in August.
Maria Patrikeyeva, Managing Director of the Moscow Exchange Derivatives Market, stated that “The fund’s underlying asset will be the BlackRock-managed iShares Ethereum Trust ETF. Its quotation will correspond to the price of one share of the fund. The contract size will be slightly smaller than that used for the IBIT [the iShares Bitcoin Trust ETF].”
Could Bitcoin Reach $150,000 Soon?
Andrejs Balans, a risk manager at the EU-based fintech platform YouHodler, remarked that Bitcoin’s market has “matured significantly.” It is witnessing enhanced liquidity and increased participation from professional trading firms.
This development, according to Balans, has resulted in reduced volatility compared to previous cycles, indicating a more robust market. However, it also “can suppress large speculative movements.”
“Following substantial gains this year, many long-term holders have taken profits, thereby increasing the market’s supply. Without sustained new demand, this selling pressure could keep prices within a range rather than leading to a significant breakout.”
Furthermore, institutional involvement has grown through ETFs and custody services, Balans notes. Nevertheless, most allocations remain modest compared to traditional asset classes. Challenges to larger commitments include concerns about volatility, operational risk, and compliance.
“Senior executives at major banks have reiterated their cautious approach, describing crypto as an area of interest but not yet a strategic priority. Without a widespread change in institutional sentiment, it is unlikely that inflows alone will quickly drive Bitcoin to $150,000.”
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Additionally, Balans points out that while some regulatory frameworks have progressed, the policy landscape remains fragmented. Proposals to expand the definition of securities in the US and stricter compliance measures in Europe have created uncertainty for exchanges and institutional investors.
He adds that even jurisdictions considered relatively crypto-friendly are adopting more stringent reporting standards. This patchwork of regulations has dampened enthusiasm among large asset managers, who prefer clear and consistent guidelines before committing significant capital.
Lastly, Balans observed that “despite widespread predictions of imminent rate cuts, inflation in major economies continues to exceed targets, leading central banks to maintain higher policy rates for an extended period.” The tight monetary environment has restricted liquidity across risk assets. Historically, Bitcoin has “thrived when borrowing costs were low and capital was plentiful.”
“Unless there is a decisive shift toward more favorable financial conditions, the macroeconomic environment is likely to limit speculative flows,” Balans concludes.
Levels & Events to Watch Next
As of this writing, BTC is trading at $118,233. The coin experienced quite volatile trading over the past day, reaching a low of $116,103 after peaking at $118,315.
It is currently nearing the previous intraday high and may exceed it shortly.
Bitcoin Price Chart. Source: TradingView
In addition, Ethereum is trading at $3,145. Unlike BTC, ETH has seen a steady rise to its current level, starting from an intraday low of $2,965 and climbing to its present price, which is also the intraday high.
Meanwhile, the sentiment in the cryptocurrency market has slightly declined since yesterday but remains in the greed zone. The Fear and Greed Index has dropped from 70 yesterday to 68 today.
This level indicates a positive and optimistic outlook among investors regarding the market, as well as a generally high willingness to invest. However, should it rise further, it may suggest that the market is overbought.
Source: CoinMarketCap
Moreover, on July 15, US BTC spot exchange-traded funds (ETFs) recorded positive inflows for the ninth consecutive day, totaling $402.99 million, an increase from $297 million the previous day but lower than the $1.03 billion observed two days prior.
BlackRock captured the largest share of this amount, receiving $416.35 million. While Grayscale, Bitwise, VanEck, and Franklin also experienced inflows, others saw outflows.
US ETH ETFs also recorded inflows for the eighth consecutive day, amounting to $192.33 million on July 15.
Of this total, BlackRock accounted for the majority with $171.52 million. Grayscale and Fidelity are the only other two funds that experienced inflows, with no outflows reported on that day.
Meanwhile, SharpLink has continued to acquire ETH, purchasing 6,377 ETH on Wednesday, bringing its total holdings to nearly 312,000 ETH.
SharpLink(@SharpLinkGaming) bought another 6,377 $ETH($19.56M) today.
In the past 7 days, they’ve accumulated 91,330 $ETH($275M).https://t.co/8pOfvpDWym pic.twitter.com/NGepBvYcP4— Lookonchain (@lookonchain) July 16, 2025
Additionally, billionaire Peter Thiel has taken a significant stake in BitMine Immersion Technologies as it aims to establish a substantial Ethereum treasury. He acquired a 9.1% interest in the company, which now holds over 163,000 ETH.
According to an SEC filing, Peter Thiel, co-founder of PayPal and notable Silicon Valley investor, indirectly holds a total of 5,094,000 shares of common stock in Bitmine Immersion Technologies, Inc. through multiple affiliated entities, representing 9.1% of the outstanding…
— Wu Blockchain (@WuBlockchain) July 16, 2025
Furthermore, Wall Street investment bank Cantor Fitzgerald and Blockstream Capital founder Adam Back are reportedly collaborating on a SPAC merger valued at approximately $4 billion. A special-purpose acquisition company would issue new shares to Back for 30,000 BTC, while also aiming to raise $800 million in external capital to acquire additional BTC.
Quick FAQ
- Why did crypto move against stocks today?
The cryptocurrency market has risen over the past 24 hours, while the US stock market exhibited mixed results by the close on Tuesday. For instance, the S&P 500 declined by 0.4%, the Nasdaq-100 increased by 0.13%, and the Dow Jones Industrial Average fell by 0.98%. Stock investors are still processing the latest tariff threats from the US and are awaiting this week’s earnings reports and economic data.
- Is this rally sustainable?
Analysts suggest that there is potential for further growth in the mid to long term. Despite anticipated pullbacks and corrections, the market is still expected to trend upward.
You may also like: (LIVE) Crypto News Today: Latest Updates for July 16, 2025 The cryptocurrency market is displaying mixed signals today, with the total crypto market cap declining by 3%. Bitcoin is up 0.2% over the past 24 hours, currently trading just below $117,400, after reaching $123,100 earlier this week. Meanwhile, Ethereum is up 5.8%, maintaining a strong position above $3,100 due to institutional inflows. But what else is occurring in crypto news today? Follow our up-to-date live coverage…
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