The crypto market has been buzzing with significant developments in the past 24 hours, from Bitcoin’s resilience to landmark U.S. legislation.
Key Highlights in the Crypto Market
Here’s a concise recap of the top stories shaping the crypto market today.
U.S. Legislation Fuels Crypto Market Optimism
The U.S. House of Representatives passed three pivotal crypto-related bills on July 17, 2025, sparking optimism across the crypto market. These bills, the GENIUS Act (stablecoin regulation), CLARITY Act (market regulation), and Anti-CBDC Act, mark a historic step toward a clearer regulatory framework.
Bitcoin and Altcoins Surge
The crypto market saw robust price action, with key cryptocurrencies posting gains:
- Bitcoin (BTC): Holding strong above $118,000, fueled by positive regulatory news and a bullish “Golden Cross” signal, hinting at a potential climb to $155,000.
- Ethereum (ETH): Testing resistance at $3,500, ETH continues to attract institutional interest.
- Altcoins: Ethereum Classic (ETC) led with a 20% surge, while Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) saw strong gains driven by high trading volumes and leverage.
Meme Coin Highlights
- $DUMP (Dump): A Solana meme coin with no presale, No Insiders, 80% locked supply, Just Fun.
- $bruv (bruv): $BRUV billions of views worldwide
- $CODEPUTER (CodeputerBot): Claude is living on an always-on Mac Mini that has complete control over. Not affiliated with Anthropic.
- $Ani (Ani Grok Companion): down about 50% in the past 24 hours, but still in the top trending meme coins.
- $CPUTER (Claudeputer): down about 100% in the past 24 hours.
- Valentine (Valentine Grok Companion): continues surging today with the MC of $10.5M
- $PUMP (Pump): down 15% in a day.
- $Dege (DegeCoin): up 67% in a day
- $JARVIS (Grok Companions): An Ethereum meme coin riding the Grok Companions hype on Ethereum.
- $EPIC (Epic Chain): a utility token driving a Layer 2 blockchain focused on entertainment and Real World Assets (RWA)
Dogecoin Futures Hit Record Highs
Dogecoin’s futures market reached an all-time high in open interest, signaling strong bullish sentiment. DOGE broke key resistance levels, positioning it as a standout performer in the crypto market.
Market Capitalization Nears $4 Trillion
According to Binance Research, the crypto market capitalization grew 1.99% year-to-date, approaching $4 trillion. This growth reflects strong performances from Bitcoin, Ethereum, XRP, and various altcoins, underpinned by favorable market conditions.
Cautious Optimism Amid Geopolitical Risks
While the crypto market enjoys bullish momentum, investors remain cautious due to potential geopolitical and trade-related headwinds, such as tariffs, which could impact short-term price movements.
Stay Ahead
The crypto market is evolving rapidly, with regulatory clarity and price surges shaping its trajectory. For real-time updates and in-depth analysis, follow the MevX blog. Stay informed and navigate the market with confidence!
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