1. πΌ Ether Hits 6-Month High at $3,676; Ether-Linked Stocks Surge
Ether climbed to a six-month peak of $3,675.81, settling around $3,601 as demand grew for stablecoin activity on Ethereum. Stocks tied to ETH, like BitMine (up 14%), BTCS (+12.5%), and Bit Digital (+4%), soared as institutions stockpiled coins. Meanwhile, Bitcoin dipped 0.7% to about $118,961, following its record highs this week.
2. πΊπΈ U.S. House Passes GENIUS & Other Crypto Bills in βCrypto Weekβ Push
The House approved three major crypto-related billsβincluding the GENIUS Act for stablecoinsβcontinuing the βCrypto Weekβ momentum. These moves aim to establish federal oversight for stablecoins, define crypto market structure, and block a CBDC. The legislation now heads to President Trumpβs desk.
3. π Bitcoin Reclaims $120K as U.S. Policy Optimism Grows
Bitcoin rebounded to around $120,000, buoyed by the recent passage of crypto-friendly bills and renewed bullish sentiment. Institutional demand is gaining momentum, but analysts caution that broader inflows are still nascent despite current excitement.
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4. π Altcoins DOGE & Hedera Rally Above 15%
Bitcoinβs surge helped lift major altcoins: Dogecoin and Hedera (HBAR) both climbed over 15%, reflecting risk-on sentiment in crypto markets. ETF inflows into Ether and Bitcoin also hit record monthly highs.
