Cryptocurrency News Today: Market Updates & Analysis podcast.Crypto Willy here, bringing you your piping hot crypto market round-up for the week leading into July 22, 2025. Grab your hardware wallet and let’s get rolling—this week truly delivered a wild ride, packed with action from DC to decentralized ledgers, and more than a few eyebrow-raising charts to keep the nerds up at night.Let’s start with the headline grabber: Bitcoin smashing through $120,000 midweek after what the US crowd dubbed “Crypto Week.” The House of Representatives finally passed its inaugural federal stablecoin legislation—huge, because this marks the most significant move from lawmakers since Satoshi’s whitepaper went live. Already through the Senate with a rare dose of bipartisan unity, this bill is just a Presidential signature away from reshaping the stablecoin landscape. Add in two more passed bills: one to formalize a new market structure for digital assets and another to block the Fed from launching a central bank digital currency (CBDC). Even though these don’t regulate Bitcoin directly, they’re a major mood-lifter for the whole space.Not to be outdone, former President Donald Trump came out swinging on Truth Social with a crypto-friendly post, re-sharing Peter Van Valkenburgh’s classic Senate testimony and hyping up Bitcoin’s virtues. That’s right—older hands like Trump are not just warming up; they’re making HODLing mainstream.All that legislative and political energy pushed BTC into high gear—however, profit-taking and macro jitters triggered a quick 4% retrace, with Bitcoin hovering around the $118,000 mark as of today. Short-term charts, like the MACD and Bollinger Bands, are flashing classic signals of consolidation after the last moonshot. Most analysts are eyeing tight resistance between $119K and $120K—if we break above, $122K to $124K is the next playground. Dipsters are watching support at $116K and $114K.Ethereum has been just as spicy, launching upward past $3,700 on ETF flows and the ongoing proliferation of L2 networks, only to see some sellers hop on, nudging ETH down a tad but keeping it in bullish territory. If ETH can cling above $3,600, many expect another sprint toward $4,000 or even higher by month’s end. Some price models peg the short-term high for July at $4,100, provided institutional buyers keep stacking. Keep your Dencun upgrade notes handy, because those gas savings and L2 fevers aren’t cooling off anytime soon.Altcoins? Most felt the aftershocks as Bitcoin cooled its jets. The top 100 saw widespread red ink—Dogecoin took a 7% hit, while Ethereum held firm, and Tron was barely dented. Among the handful of outliers, Pump.fun (PUMP) and Bonk put in a rare green day, bucking the dip with 9% and 8% gains, respectively. Meanwhile, some “smart money” addresses who went short altcoins learned the hard way—one wallet racked up a brutal $12.48 million in unrealized losses.Behind the price action, a long-dormant Satoshi-era whale jolted awake, moving 17,000 BTC to Galaxy Digital. This continued the spate of “OG” wealth transfers we’ve seen all year and led to some market anxiety about institutional accumulation and who’s really buying all this supply.Globally, the regulatory pulse kept beating—Thailand’s SEC revealed it’s looking to ease crypto investor onboarding, while Australia’s central bank drew scrutiny for holding rates steady amidst sluggish inflation. Even the Blockchain Group got in on the action, boosting their BTC stash by 22 coins—now totaling a whopping $233 million.That about does it for another turbocharged week in crypto! Thanks for hanging out with me, Crypto Willy. Tune in next week and every week for more deep dives—this has been a Quiet Please production, and for more crypto content, swing by Quiet Please dot A I.Get the best deals https://amzn.to/3ODvOta

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