On July 18, 2025, the past 24 hours have seen major legislative progress, market surges. Here’s a market crypto recap of the key highlights.
Overview of Crypto Market Recap
The following are highlighted news and trending meme coins today, all in this crypto market recap:
Crypto Market Performance in the Last 24 Hours
- Bitcoin (BTC): Reclaimed $120,000 for the first time, up from $117,740, driven by legislative optimism. Over $1 billion in leveraged positions, mostly shorts, were liquidated.
- Ethereum (ETH) and Altcoins: ETH surged to $3,600, while XRP hit a new all-time high above $3.6. Altcoins saw double-digit gains, with the total market cap rising significantly.
- AI Tokens and Memecoins: xAI’s Grok 4 launch boosted AI tokens like TAO and NEAR by 4-7%, adding $220 million to their market cap. Memecoins like ANI and RUDI soared after Musk’s X mentions.
- ETF Inflows: U.S. spot Bitcoin ETFs recorded $403 million in net inflows on July 16, continuing a nine-day streak totaling $4.4 billion.
Meme Coin Highlights
- $Valentine (Valentine Grk Companion): This Solana meme coin went viral after Elon Musk’s tweet.
- $CPUTER (Claudeputer): A Solana meme coin surges over 13000% after launching 3 hours.
- $Ani (Ani Grok Companion): Still in the top trending meme coin but down 21.33% in 24 hours.
- $SUBA (Yotsuba): This meme coin brings back 4chan’s legendary mascot on Ethereum.
- $GREMLY (Gremly): A meme coin crowning itself the King of Memes on Solana
- $XRP (Xtremly Retarded People): A new CTO-Solana meme coin surges 743% in 6 hours.
- $4K (Caught in 4K): Caught in 4K at a Coldplay concert, rises 1462% in 14 hours.
- $rudi (rudi): down 67.66% in the past 24 hours.
- $neet (NotInEmploymentEducationTraining): a coin for the neets
- $MIMI (MIMI BONK’S STEPMOTHER): She’s BONK’s stepmother, and she’s tired of the noise.
- $KIA (Kia Grok Companion): Ignites hype as Grok’s Next AI Companion
- $X1E (X1E): This coin gains momentum as Market Elites’ founder returns with a new project.
Crypto Week Legislative Milestones
Crypto Week has advanced U.S. efforts to become the global “crypto capital” through three key bills:
- Digital Asset Market Clarity Act (CLARITY): Defines digital assets as securities, commodities, or stablecoins, with oversight split between the SEC and CFTC.
- GENIUS Act: Establishes a federal framework for stablecoins, aiming to attract trillions to the U.S. economy.
- Anti-CBDC Surveillance State Act: Blocks retail CBDC issuance due to privacy concerns. On July 17, the Republican-controlled House cleared procedural hurdles, with President Trump’s intervention ensuring progress. The GENIUS Act was passed on July 18, marking a historic step for U.S. crypto regulation.
Outlook
Crypto Week’s legislative breakthroughs and Musk’s influence signal a bullish phase for crypto. With Bitcoin eyeing $135,000 by year-end, investors remain optimistic but cautious of volatility.
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