The cryptocurrency market roared back into momentum in July, driven by the passage of key bills in the U.S. Congress.
What happened: The total market capitalization rose 62% to $3.78 trillion over the last month, adding nearly $1.45 trillion to investors’ wealth.
Market barometer Bitcoin experienced a record-breaking rally, reaching an all-time high of $123,000. Ethereum, which was a laggard for most of 2025, staged an impressive recovery and nearly broke $4,000.
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Significant capital was also rotated …