Crypto Market Surges Today: Here’s What’s Fueling the Rally

Crypto bulls are back in charge—prices just ripped higher across the board. Here's why.

Institutional money finally wakes up

BlackRock's Bitcoin ETF just saw its biggest inflow week since launch. Wall Street's playing catch-up after months of sidelined cash.

Short squeeze massacre

$240 million in leveraged shorts got liquidated in 24 hours. Bears learned the hard way—again—that crypto markets punish doubters fast.

Macro tides turning

The Fed's latest rate pause has risk assets breathing easier. Funny how traders suddenly 'believe' in crypto again when fiat yields drop.

This rally's got legs, but remember: the same suits cheering today were calling it a 'scam' last quarter. Stay sharp.

What Are the Three Crypto Market Bills?

The three major bills passed by the U.S House have tremendously fueled the crypto market. These bills cover the most important regulatory considerations as they will promote clarity and investor confidence:

How Is This Legislative Progress Boosting the Crypto Market?

The upward trajectory of the crypto market is heavily influenced by the U.S. House’s approval of the CLARITY, GENIUS, and Anti-CBDC Acts on July 17, 2025, with votes of 294-134, 308-122, and 219-210, respectively. These bills belong to the Republican-led “Crypto Week”  (July 14-18), which aligns with President Trump’s pro-crypto agenda, which includes plans for a Bitcoin Strategic Reserve. 

The bipartisan support, with nearly 80 Democrats backing the CLARITY Act and over 100 supporting the GENIUS Act, signals a shift toward regulatory clarity, reducing existential threats to the crypto market.

These developments have been heralded as a success by industry leaders such as the Blockchain Association’s Summer Mersinger, who see it as a win both in terms of privacy and market competition, which further adds to Optimism in the crypto market.

Image: Thursday vote on the CLARITY Act. Source: US House of Representatives

One of the pillars of the present rally in the crypto market is institutional involvement. Spot ethereum ETFs saw an all-time high of inflows of $726 million on July 16, with ETHA specifically greenlighted by BlackRock, pulling in $499 million. It was accompanied by a $2.27 billion inflow in the month, which pushed the price of Ethereum to a 9% advance in one day to reach a peak of $3,440, outpacing Bitcoin’s modest 0.65% rise in the crypto market.

Bitcoin ETF AUM grew 7.8% weekly to $14.68 billion, reflecting strong institutional conviction. This flooding of capital neutralizes the selling pressure, generates a squeeze in supply that proves crypto as a worthy asset that can appeal to even more investors.

The technical indicators of the crypto market are flashing bullish signals, which are adding fuel to its upward trend. The total market cap broke through the $3.8 trillion resistance level on July 17, with a bullish MACD histogram divergence at $38 billion. No signs of bearish divergence have been detected, despite an overbought RSI of 82.61, which means the momentum may continue. Traders are interested in Fibonacci extension levels at 4.01 trillion and 4.26 trillion, with the bitcoin dominance falling to 61.77%, which implies the shift of capital to altcoins such as XRP (9.3%) and Solana (5.1%). 

This technical breakout is an indication of good health in the crypto market and more upward movements.

The surge of crypto market on July 18th, 2025, is led by revolutionary legislative development, solid institutional investment, and solid technical traction. The adoption of the CLARITY, GENIUS, and Anti-CBDC Acts has induced investor confidence due to the ultra clarity of regulations and protection of decentralized wealth.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.