⚡ CRYPTO FLASH REPORT
Blockchain News Before the Pump - Updated: 2025-07-13
Bitcoin Smashes $117K as Institutional Buying Fuels Historic Rally Amid Dollar Weakness
Today's Top Stories:
• Bitcoin surged past $117,000, marking a historic all-time high driven by strong institutional inflows and growing investor confidence despite recent profit-taking by whales[1][2][4].
• Ethereum followed suit, briefly hitting $3,000 before settling near $2,950, while XRP climbed 5% to $2.60, boosted by institutional interest and positive legal developments for Ripple[1][3].
• The total cryptocurrency market cap remains robust at $3.67 trillion, with Bitcoin dominance rising to 63.84%, even as overall trading volume slightly declined by 0.56% in the last 24 hours[3].
Sources
Bitcoin Hits $117K as XRP and Ether Surge Amid Dollar Weakness
Bitcoin Surges 100% to $117,000 on Institutional Buying
Daily Market Update for July 13, 2025
Flash Insight:
The surge of Bitcoin beyond $117K underscores a pivotal shift as institutional investors increasingly embrace crypto, reinforcing Bitcoin’s status as a digital store of value amid macroeconomic uncertainty and a weakening U.S. dollar. Ethereum and XRP’s gains highlight broad-based strength in major altcoins, signaling growing market maturity and diversification beyond Bitcoin dominance. This momentum may attract further capital inflows, but rising profit-taking and whale activity suggest cautious volatility ahead.
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