Crypto Weekly Recap: Here’s What Happened in Crypto This Week (July 6-July 12, 2025)
Bitcoin price surged to a new all-time high of $118,856 this week, up from around $107K, as bullish sentiment returned to the market. The rally is being fueled by renewed investor confidence and a historic wave of inflows into U.S.-based spot Bitcoin ETFs. For the first time since their January 2024 launch, these ETFs recorded over $1 billion in inflows for two consecutive days: $1.17 billion on Thursday and $1.03 billion on Friday.
Wall Street is showing a strong appetite for crypto again, with altcoins like Ethereum gaining momentum and stocks such as Coinbase and MicroStrategy benefiting from the surge in interest. With talks of broader crypto ETFs, including altcoins and even meme coins, alongside…