Week of 14 July 2025: "Crypto Week" propels Bitcoin to new highs

*The week of 14 July 2025 will go down in cryptocurrency history as a decisive turning point for the industry.*

Dubbed "Crypto Week" by US Republicans, this period was marked by historic regulatory progress and exceptional market performance.

Bitcoin breached the symbolic $120,000 threshold for the first time, while the total crypto market capitalisation briefly topped $4 trillion.

On Monday 14 July, Bitcoin smashed all records by reaching an all-time high of $123,153.22 before consolidating around $120,000. This single-day surge of more than 3% brings BTC's year-to-date performance to over 27%, reinforcing its position as the undisputed leader of the crypto market.

On Friday 18 July, President Trump signed the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), making history as the first major federal law regulating cryptocurrencies in the United States.

This legislation establishes a regulatory framework for the $250 billion stablecoin market and allows banks to issue their own US dollar-backed stablecoins.

A bill introduced by Rassemblement National aims to authorise the use of surplus electricity generation for Bitcoin mining for five years. According to the Association for the Development of Digital Assets (Adan), dedicating just one gigawatt of capacity would represent $100 million to $150 million in annual revenue.

This initiative would allow nuclear power plants to operate at constant output while funding future energy investments and reducing French electricity taxes.

Ethereum reached a peak of $3,081.94, its highest level since February, fuelled by institutional inflows of $3.2 billion into Ethereum ETFs in July. Companies such as SharpLink now hold 280,600 ETH (surpassing the Ethereum Foundation), while Bitmine has accumulated $1 billion in ETH.

A controversial proposal co-authored by Jameson Lopp aims to freeze Satoshi-era Bitcoin wallets, which are considered vulnerable to quantum computer attacks.

Experts estimate that around 25% of all Bitcoins are currently exposed to this threat. The proposal would force certain owners to transfer their funds to quantum-resistant wallets. According to Lopp:

"Never before has Bitcoin faced an existential threat to its cryptographic primitives. A successful quantum attack would cause significant disruption and economic damage across the entire ecosystem."

The week of 14 July 2025 was exceptional for the crypto ecosystem.

Total market capitalisation briefly topped $4 trillion, marking an impressive rebound despite recent geopolitical tensions.

Key performance highlights:

• Bitcoin: Close above $118,000 (+27% on the year)
• Ethereum: Close to $3,800 (in profit for the first time for start-of-year investors)
• Total market: $4,000 billion market capitalisation
• S&P 500: New record at 6,300 points, driven by AI and Nvidia

Institutional adoption has accelerated significantly, with Standard Chartered launching BTC/ETH trading for its clients and Charles Schwab also preparing to enter the market.

Corporate companies continue their "bitcoinisation", with Strategy adding 4,225 BTC ($472.5M) and Metaplanet accumulating an additional 797 BTC.

This historic week confirms that cryptocurrencies are now fully integrated into the traditional financial ecosystem, with a clear regulatory framework in the United States and rapidly accelerating institutional adoption.

General euphoria across traditional markets, combined with favourable regulatory developments, has created *a perfect environment for this remarkable bullish surge.*