Brodigy’s Buzz: 5 Crypto News Stories of July 2025 That Shook the Market
BTC surged past $120K, ETH hit $3,900, and altcoins broke new all-time highs.
July was a breakout month for crypto markets across the board. This month saw a sharp resurgence in institutional activity, new regulatory frameworks taking shape, and continued momentum in Bitcoin and DeFi innovation.
Here are the key stories that moved markets and defined the month.
Bitcoin Tops $122K, Becomes 5th Largest Asset Globally as ETH, SOL, and XRP Follow With New Highs
Bitcoin hit a historic $122,979.87, pushing its market capitalisation past $2.4 trillion, overtaking both Alphabet and silver to become the fifth-largest asset in the world, just behind Microsoft, Apple, NVIDIA, and Gold. This marks the highest price Bitcoin has ever reached, solidifying its role not just as a macro asset, but as a mainstay in global capital markets.
Unlike previous surges driven by hype cycles or post-halving speculation, this breakout reflects structural demand from institutions, sovereign wealth funds, and long-term holders. Analysts point to sustained ETF inflows, corporate balance sheet adoption, and increasing supply constraints as key drivers.
Ethereum followed suit, rebounding to $3,900, reaching a level last seen in December 2024, driven by rising ETH staking participation and renewed activity in ETH options and futures markets. Solana broke past the $200 barrier, powered by renewed interest in DePIN protocols, fast-growing consumer apps, and Solana Mobile momentum. Meanwhile, XRP posted a new all-time high with a market cap surpassing $200 billion, bolstered by favourable regulatory developments and rising traction in tokenised settlements.
This was not just a bullish month. It was a breakthrough moment for crypto legitimacy, marking a clear shift in how digital assets are viewed within the broader financial ecosystem.
Pump.fun Raises $500M in Minutes
Pump.fun, a memecoin launch platform on Base, raised $500M within minutes of its ICO. The raise marks one of the largest memecoin-related launches to date and reflects sustained appetite for high-volatility, retail-driven experiments. The project enables low-friction, onchain token launches with viral mechanics.
BitGo Files for IPO on Nasdaq
BitGo, a major crypto custodian with over $100B in assets under custody, filed to go public via Nasdaq. The filing positions BitGo as one of the first crypto-native infrastructure firms to seek public market exposure this cycle. The IPO will serve as a key benchmark for investor sentiment around regulated custody, ETF servicing, and institutional crypto infrastructure.
Genius Act Signed Into Law, Introducing a New Framework for Stablecoins and DeFi
President Trump signed the Genius Stablecoin Act, introducing federal standards for stablecoin issuance and restricting Big Tech’s ability to enter digital finance. The bill creates a clearer compliance path for DeFi-native stablecoin projects by legally defining stablecoins as non-securities and mandating 1:1 backing with liquid reserves. This regulatory clarity reduces the risk of enforcement uncertainty and makes it easier for DeFi protocols to integrate compliant stablecoins into their ecosystems. By banning yield-bearing stablecoins at the issuer level, the Act also redirects yield-seeking demand toward onchain protocols, which positions DeFi as the core infrastructure for decentralised yield generation.
According to Fox, stablecoins meeting reserve transparency and solvency criteria may now operate under national charters. Simultaneously, the Act restricts tech conglomerates from offering wallet or token services without public auditability and open-access APIs, which marks a significant advantage for permissionless DeFi.
Bitlayer Launches Trust-Minimised Bitcoin DeFi Bridge
Bitlayer launched its BitVM-powered bridge on mainnet, enabling Bitcoin users to access DeFi protocols without giving up custody or relying on multisigs. The system uses BitVM to verify execution and asset flows, reducing trust assumptions while enabling BTC-native participation in lending, trading, and yield protocols. The bridge is a notable milestone in the broader push to expand Bitcoin’s programmability and DeFi use cases, without compromising security or decentralisation.
With Bitcoin closing above $122K, Ethereum reclaiming $3,900, and altcoins posting fresh highs, July validated key crypto trends — accelerating institutional participation, maturing regulation, and the strengthening backbone of decentralised infrastructure. August could mark a critical consolidation phase but much hinges on ETF approvals, regulatory clarity, and Layer 2 growth.
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