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📌 Market Summary
**🚀 Bitcoin** reached a fresh ATH at ~$118,900 (+8% today), driven by massive institutional inflows and renewed risk-on sentiment .
Ethereum has climbed to $2,990, up ~5–7% alongside Bitcoin’s rally .
Altcoins showing strength: Solana reclaimed ~$164; Cardano surged ~17% this week .
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🔍 Key Drivers
1. **📈 ETF Inflows & Institutional Demand**
Over $51 B has streamed into Bitcoin ETFs YTD, with a record $1.18 B inflow on one day .
Institutional funds, hedge funds, and large corporations (MicroStrategy, GameStop, Trump Media, Sequans Communications) are adding BTC to treasuries, boosting corporate holdings by ~23% in Q2 .
2. **💼 Macro & Policy Tailwinds**
Optimism around Fed rate cuts, expectation of U.S. policy wins (“Crypto Week”), and ongoing calculations toward policy clarification are keeping sentiment bullish .
Supportive Trump-era crypto policies—such as the Strategic Bitcoin Reserve—continue to underpin momentum .
3. **🌐 Global Regulatory Shifts**
China’s Shanghai may ease stance on stablecoins; India’s RBI is studying global crypto trends .
EU’s ESMA is urging MiCA enforcement improvements in Malta .
4. 📊 Market Conditions
Crypto market cap jumped ~1.3% to $3.73T, with 99 of top 100 coins in the green .
Over $65 B of BTC was withdrawn from exchanges, reflecting shrinking supply and reduced sell pressure . 0 reply
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