Bitcoin Breaks New Highs Amid Robust Altcoin Rally in July 2025

The highlight of week #158 (July 7-13, 2025) reveals that Bitcoin (BTC) rebounded strongly after June’s correction, driven by intrinsic accumulation and favorable macroeconomic conditions. BTC surged to a new all-time high (ATH) of $119,000, prompting a widespread rally among altcoins, characterized by significant green gains. Over this week, total cryptocurrency market capitalization increased by approximately $356 billion, rising from about $3.375 trillion to roughly $3.731 trillion. On July 11, 2025, BTC broke past the psychological barrier of $112,000 — the previous May’s ATH — reaching a peak of $116,000. The weekly close at an all-time high above $116,000 confirmed a robust bullish trend, with BTC jumping nearly $119,000 within 48 hours, an increase of over $10,000 in less than two days. This rally followed weeks of consolidation between $102,000 and $107,000, supported by resolution in geopolitical tensions and a clearer US-China trade policy, which eased market pressures. Institutional demand surged, with major investors and ETFs collectively purchasing over $6 billion in July, helping to fuel BTC’s breakout. A notable development was the successful ICO of memecoin PUMP on July 12, 2025, hosted on the Solana platform. The public sale, conducted across major exchanges like Bybit, Kraken, KuCoin, Bitget, Gate, and MEXC, sold out in just 13 minutes—concluding with the sale of 125 billion tokens for $500 million, raising 12.5% of total supply at a fixed price of $0.004 per token. This event ranked as the third-largest ICO in crypto history. In the wake of BTC’s rally, Ethereum (ETH) reclaimed the $3,000 mark for the first time in six months. Altcoins overall experienced strong growth, with average gains ranging from 15% to 40%. Institutional accumulation continued with notable investments from firms like Metaplanet ($238.7M), The Smarter Web Company ($24.4M), Semler Scientific ($20M), SharpLink Gaming ($90M), and The Smarter Web ($30M). Additionally, large companies announced new crypto acquisition funds, including Murano ($500M), Ego Death Capital ($100M), GameSquare ($100M), and BIT Mining ($300M). Market sentiment indicators pointed to increased greed, with the Bitcoin Fear & Greed Index rising to 74 (greed level). Excluding BTC, the total market cap (Total 2) was approximately $1,308 billion. Market share distribution showed Bitcoin holding 63.6% dominance and Ethereum at 9.7%. Overall, the market entered the new week with strong momentum, supported by institutional interest and macroeconomic stability.