🚀 Bitcoin’s Bull Run Fueled by Wall Street Giants as Ethereum & XRP Ride the Wave – July 2025 Update

Institutional money is pouring into crypto like never before—and Bitcoin's chart shows it. The OG cryptocurrency keeps smashing resistance levels while ETH and XRP play catch-up. Here's why the smart money won't stop buying.

The Institutional FOMO Is Real

BlackRock's Bitcoin ETF just hit record inflows for the seventh straight week. Meanwhile, pension funds are quietly allocating 2-3% to crypto—enough to move markets but small enough to deny if things go south. Classic hedge fund maneuver.

Altcoins Join the Party

Ethereum's Shanghai upgrade finally delivered what developers promised years ago. XRP? Somehow still relevant after all these legal battles. Both are outperforming BTC this month—for now.

The Elephant in the Room

Regulators are scrambling to 'protect investors' now that their banker buddies want in. Funny how crypto was 'too risky' until Goldman needed a new revenue stream.

This rally has legs—but watch the Fed. Every Wall Street darling becomes a scapegoat when rates spike. Enjoy the ride while it lasts.

Market overview: Steady institutional interest and demand

Bitcoin is edging higher, backed by steady institutional demand, which nurtured a remarkable recovery from the drop to $98,241 following the escalation of tensions between Israel and Iran in June.

Selling pressure among whales and institutional investors has waned since April, according to CryptoQuant data. The yellow box on the chart below indicates that whales have maintained steady risk-on sentiment since the tariff-triggered crash in April.

Bitcoin Coinbase Premium Gap | Source: CryptoQuant

Glassnode highlighted in a recent report that the total unrealized profit currently stands at $1.2 trillion, indicating value creation among bitcoin investors. However, this could pose a risk to the uptrend if sentiment shifts, triggering sell-side pressure.

Bitcoin unrealized profit | Source: Glassnode

Data spotlight: Bitcoin spot ETFs inflows resume 

Bitcoin spot Exchange Traded Funds (ETFs) saw a total net inflow of approximately $408 million on Wednesday, with none of the 12 ETFs licensed in the United States (US) experiencing a net outflow. According to SoSoValue data, Fidelity’s FBTC had the highest net inflow, averaging around $184 million.

The total net asset value of Bitcoin spot ETFs is nearly 137 billion, with a historical cumulative net inflow of roughly $49 billion.

Bitcoin spot ETF data | Source: SoSoValue

Chart of the day: Bitcoin breaks out aiming for all-time highs 

Bitcoin’s price is extending the up leg toward the round-figure resistance at $110,000 after breaching the hurdle at $109,000. The daily chart below shows BTC extending its gains above a critical descending trendline resistance, which could boost risk-on sentiment.

The Relative Strength Index (RSI) uptrend, which rises above 60 after falling to 38 on June 22, signals bullish momentum. A buy signal from the Moving Average Convergence Divergence (MACD) indicator reinforces the same bullish momentum.

This signal manifests when the blue MACD line crosses above the red signal line. With the MACD above the mean line and the green histogram bars expanding, the path of least resistance could stay upward.

BTC/USDT daily chart

Still, traders should anticipate potential resistance at around $110,530, an area that capped the uptrend in June. A break above this level could see the price of BTC prepare for new all-time highs.

Altcoins update: Ethereum, XRP resume uptrend 

Ethereum’s price is edging higher, trading at around $2,601 at the time of writing. The largest smart contracts token by market capitalization holds above key moving averages, including the 100-day Exponential Moving Average (EMA), currently at $2,388, the 50-day EMA at $2,440 and the 200-day EMA at $2,470. This technical position backs the bullish structure.

The RSI is trending higher at 57 from lows around 37, highlighting a strong bullish grip. ethereum could steady the uptrend with a daily close above the previously reclaimed support level at $2,600 and a MACD indicator buy signal, making the token more attractive to traders. The areas to keep in mind include the hurdles at $2,735 and $2,882, tested in May and June, respectively.

ETH/USDT daily chart 

As for XRP, bulls are fast approaching the descending trendline resistance on the daily chart below. This follows the resumption of the uptrend after the price tested support at $1.90 on June 22.

The price of XRP holds above the 50-day EMA at $2.21 and the 100-day EMA at $2.22. Technical signals from the RSI, pointing upwards above the midline, validate the uptrend’s strength, while the MACD indicator’s buy signal calls on traders to increase exposure to XRP.

XRP/USDT daily chart

Traders should temper their expectations, as XRP remains below the descending trend line resistance. If market sentiment shifts, traders could de-risk, contributing to sell-side pressure. The 100-day EMA at $2.20, the 50-day EMA at $2.21, and the 200-day EMA at $2.10 are all in line to absorb overhead pressure in the event of a decline.

Cryptocurrency prices FAQs

How do new token launches or listings affect cryptocurrency prices?

Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.

How do hacks affect cryptocurrency prices?

A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.

How do macroeconomic releases and events affect cryptocurrency prices?

Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.

How do major crypto upgrades like halvings, hard forks affect cryptocurrency prices?

Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.