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Crypto Markets Heat Up: Cardano & Bitcoin Price Surge – European Outlook 17 July 2025

Crypto Markets Heat Up: Cardano & Bitcoin Price Surge – European Outlook 17 July 2025

Published:
2025-07-17 12:07:27
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Crypto bulls charge as Cardano and Bitcoin defy gravity—again. Meanwhile, traditional finance scrambles to keep up with digital gold's relentless rally.

Bitcoin smashes through resistance levels like a wrecking ball through wet tissue paper. Cardano's smart contract upgrades fuel ADA's ascent, leaving skeptics grinding their teeth.

European markets wake up to another day of crypto dominance. Banks? Still trying to explain to clients why their 'stable' portfolios are underperforming a meme coin.

The revolution isn't coming—it's already here. And it's wearing a blockchain nametag.

Crypto Today: Bitcoin recovery stalls below $120,000 as Ethereum, XRP rally gains momentum 

The cryptocurrency market appears to be gearing up for a major run, evidenced by Ethereum (ETH) and Ripple’s (XRP) breakout in the last 24 hours. As Bitcoin’s (BTC) recovery stalled under $120,000 on Wednesday, the two leading altcoins extended gains above key resistance levels, suggesting potential capital rotation into mid and large-cap altcoins. 

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Cardano Price Forecast: ADA eyes further gains amid rising Open Interest, bullish bets

Cardano (ADA) ticks higher by over 7% at press time on Thursday, reclaiming the $0.80 mark and hitting a new over one-month high. Both the increasing bullish bets on Cardano and the ADA Open Interest crossing $1.40 billion reflect the upbeat sentiment among derivative traders. The technical outlook suggests a boost in bullish momentum that could potentially drive Cardano to the $1 milestone. 

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Bitcoin Price Forecast: BTC consolidates as traders eye potential catalysts from US legislative action

Bitcoin (BTC) hovers around $118,400 at the time of writing on Thursday, trading sideways between $115,000 and $120,000 as market participants await fresh catalysts. Traders are now focused on developments from the US legislative “Crypto Week”, where the lawmakers passed a procedural motion to advance crypto bills for deliberation. Meanwhile, institutional demand remains strong, with US-listed spot bitcoin exchange Traded Funds (ETFs) recording nearly $800 million in inflows on Wednesday, extending their positive streak since July 2.

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