{"id":2236,"date":"2025-07-12T13:39:52","date_gmt":"2025-07-12T13:39:52","guid":{"rendered":"https:\/\/thetradingdictionary.com\/index.php\/2025\/07\/12\/crypto-market-recap-bitcoin-hits-all-time-high-as-etf-inflows-and-legislation-align\/"},"modified":"2025-07-12T13:39:52","modified_gmt":"2025-07-12T13:39:52","slug":"crypto-market-recap-bitcoin-hits-all-time-high-as-etf-inflows-and-legislation-align","status":"publish","type":"post","link":"https:\/\/thetradingdictionary.com\/index.php\/2025\/07\/12\/crypto-market-recap-bitcoin-hits-all-time-high-as-etf-inflows-and-legislation-align\/","title":{"rendered":"Crypto Market Recap: Bitcoin Hits All-Time High as ETF Inflows and Legislation Align\u200b"},"content":{"rendered":"<\/p>\n<p><strong>Here&#8217;s a quick recap of the crypto landscape for Friday (July 11) as of 9:00 a.m. UTC.<\/strong><\/p>\n<p>Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.<\/p>\n<\/p>\n<div class=\"rebellt-item                                col1\" data-id=\"5\" data-reload-ads=\"false\" data-is-image=\"False\" data-href=\"https:\/\/investingnews.com\/cryptocurrency-market-recap\/bitcoin-and-ethereum-price-update\" data-basename=\"bitcoin-and-ethereum-price-update\" data-post-id=\"2671080710\" data-published-at=\"1741971216\" data-use-pagination=\"False\">\n<h3 data-role=\"headline\">                            Bitcoin and Ethereum price update                                <\/h3>\n<p><strong>Bitcoin (BTC) <\/strong>is priced at US$118,008 a 6.3 percent increase in the last 24 hours. The day&#8217;s range for the cryptocurrency brought a low of US$110,768 and a high of US$118,667.<\/p>\n<\/div>\n<div class=\"rebellt-item                                col1\" data-id=\"12\" data-reload-ads=\"false\" data-is-image=\"True\" data-href=\"https:\/\/investingnews.com\/cryptocurrency-market-recap\/particle-12\" data-basename=\"particle-12\" data-post-id=\"2671080710\" data-published-at=\"1751921989\" data-use-pagination=\"False\"><small class=\"image-media media-caption\"><\/small><\/p>\n<p><em>Bitcoin price performance, July 11, 2025.<\/em><\/p>\n<p><small class=\"image-media media-photo-credit\"><\/small><\/p>\n<p>Chart via TradingView<\/p>\n<p><strong>Ethereum (ETH)<\/strong> is priced at US$3,003.27, up by 7.4 percent over the past 24 hours. Its lowest valuation as of Friday was US$2,767.71, and its highest was US$3,027.12.<\/p>\n<\/div>\n<div class=\"rebellt-item                                col1\" data-id=\"2\" data-reload-ads=\"false\" data-is-image=\"False\" data-href=\"https:\/\/investingnews.com\/cryptocurrency-market-recap\/altcoin-price-update\" data-basename=\"altcoin-price-update\" data-post-id=\"2671080710\" data-published-at=\"1738593607\" data-use-pagination=\"False\">\n<h3 data-role=\"headline\">                            Altcoin price update                                <\/h3>\n<ul>\n<li><strong>Solana (SOL)<\/strong> was priced at US$163.68, up by 5.3 percent over 24 hours. Its lowest valuation as of Friday was US$156.41, and its highest was US$166.09. <\/li>\n<\/ul>\n<ul>\n<li><strong>XRP<\/strong> was trading for US$2.59, up 10 percent in the past 24 hours. The cryptocurrency&#8217;s lowest valuation was US$2.43, and its highest was US$2.69. <\/li>\n<\/ul>\n<ul>\n<li><strong>Sui (SUI)<\/strong> is trading at US$3.50, up by 7.9 percent over the past 24 hours. Its lowest valuation was US$3.22 and its highest was US$3.54.<\/li>\n<\/ul>\n<ul>\n<li><span><\/span><strong>Cardano (ADA)<\/strong> is priced at US$0.7123, up by 18.4 percent in the last 24 hours. Its lowest valuation as of Friday was US$0.6233, and its highest was US$0.7521. <\/li>\n<\/ul>\n<\/div>\n<div class=\"rebellt-item                                col1\" data-id=\"11\" data-reload-ads=\"false\" data-is-image=\"False\" data-href=\"https:\/\/investingnews.com\/cryptocurrency-market-recap\/today-s-crypto-news-to-know\" data-basename=\"today-s-crypto-news-to-know\" data-post-id=\"2671080710\" data-published-at=\"1745701859\" data-use-pagination=\"False\">\n<h3 data-role=\"headline\">                            Today&#8217;s crypto news to know                                <\/h3>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4><\/h4>\n<h4>Bitcoin hits US$118,000 as ETF inflows surge and US crypto legislation advances<\/h4>\n<p>Bitcoin shattered previous records by surging past US$118,000 this week, with bullish momentum sustained by large inflows into spot bitcoin ETFs and favorable policy signals from Washington. <\/p>\n<p>The world\u2019s largest cryptocurrency jumped over 7 percent Friday, closing in on US$119,000 as investors cheered bipartisan Senate passage of the GENIUS Act\u2014a bill that would establish regulatory guardrails for stablecoins. <\/p>\n<p>Market optimism is also supported by a softer US dollar and the Trump administration\u2019s overt crypto friendliness. <\/p>\n<p>The GENIUS Act would codify requirements for fiat-pegged stablecoins, offering investor protections while legitimizing the sector in the eyes of institutional capital. ETFs tracking Bitcoin have posted record volumes, drawing billions in net inflows. <\/p>\n<p>Bitcoin is now up over 26 percent year-to-date, with total crypto market capitalization nearing US$3.5 trillion. <\/p>\n<p>Analysts expect next week\u2019s \u201ccrypto week\u201d in Congress to further catalyze sentiment, as lawmakers debate multiple digital asset bills. <\/p>\n<h4><\/h4>\n<h4>Trump-linked WLFI Token gets US$100M buy from anonymous entity<\/h4>\n<p>A little-known group called Aqua 1 Foundation became the largest public investor in Donald Trump\u2019s World Liberty Financial (WLFI) crypto token, buying US$100 million worth of tokens in late June. <\/p>\n<p>According to Reuters, though the foundation says it is based in the UAE, public records offered no clarity on the group\u2019s financial backers or its supposed founder Dave Lee. <\/p>\n<p>The token purchase directly benefits the Trump family, which reportedly receives 75 percent of all WLFI proceeds; the family\u2019s estimated crypto earnings have now topped US$500 million. <\/p>\n<p>While Aqua 1 said in a brief statement it was backed by &#8216;mission-aligned partners,&#8217; it declined to offer transparency on its structure, citing privacy. US ethics experts have raised concerns over potential conflicts of interest, despite the White House stating Trump\u2019s assets are in a trust managed by his children. <\/p>\n<p>World Liberty and Trump Media did not respond to press inquiries.<\/p>\n<h4>EU regulator warns crypto firms over misleading investors<\/h4>\n<p>The European Securities and Markets Authority (ESMA) warned crypto platforms against blurring the distinction between regulated and unregulated products under MiCA, the EU\u2019s new crypto framework. <\/p>\n<p>ESMA said that many crypto firms are offering both compliant and non-compliant services on the same platform, creating investor confusion and undermining MiCA&#8217;s consumer protections. <\/p>\n<p>Under MiCA, only firms licensed as crypto asset service providers (CASPs) are allowed to market specific financial products across the EU. <\/p>\n<p>However, direct investments in commodities or crypto lending still fall outside the scope of those protections. ESMA also criticized some firms for using their regulated status as a marketing tactic to legitimize riskier services.<\/p>\n<\/div>\n<p><strong>Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<p><strong><strong>Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.<\/strong><\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s a quick recap of the crypto landscape for Friday (July 11) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) is priced at US$118,008 a 6.3 percent increase in the last 24 hours.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/2236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/comments?post=2236"}],"version-history":[{"count":0,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/2236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media\/2237"}],"wp:attachment":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media?parent=2236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/categories?post=2236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/tags?post=2236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}