Bitcoin price drops to $117,384 after briefly crossing $120,000, with market cap at $2.34 trillion.
Ethereum ETF inflows total $259 million on July 14, driven by BlackRock and Grayscale investments.
DOGE and Solana lead the decline among top altcoins, falling 7.48% and 4.41%, respectively.
Kazakhstan may allocate national reserves to crypto assets, signaling growing sovereign interest in digital currencies.
Crypto prices today reflect a period of consolidation after Bitcoin's historic rally above $120,000. The current Bitcoin price is at $117,384.14, down 3.21% over the past 24 hours. The total crypto market cap has pulled back from recent highs by 3.04% to $3.63 trillion as of 10:55 AM on July 15, 2025. Despite the recent pullback, the overall sentiment remains bullish. Ongoing institutional developments and regulatory clarity are continuing to drive long-term optimism.
Here’s an in-depth look at how the world’s top tokens performed today:
Bitcoin has experienced a slight correction after reaching new all-time highs above $120,000. The world's largest cryptocurrency now trades at $117,384.14 with a market cap of $2.34 trillion and a 24-hour trading volume of $180.61 billion.
Piyush Walke, Derivatives Research Analyst, Delta Exchange, noted, “Technically, $116,000 now stands as a key support level for Bitcoin, a breach below this could open the door to further downside toward $112,000.”
Katie Stockton, a technical analyst at Fairlead Strategies LLC, estimates that Bitcoin is expected to reach $135,000 in the medium term before entering an 'adjustment phase.' This projection suggests the current pullback may be temporary.
Ethereum is trading at $2,968.44, down 2.65% in the last 24 hours, with a market cap of $358.33 billion. Despite the daily decline, Ethereum continues to show strong institutional momentum.
On July 14, Ethereum spot ETFs experienced a net inflow of $259 million, marking the seventh consecutive day of positive inflows. Among these, BlackRock's ETF ETHA recorded a net inflow of $151 million, bringing its historical total inflow to $6.443 billion.
Grayscale's ETH ETF saw a net inflow of $43.7863 million, with its historical total inflow reaching $868 million. As of now, the total net asset value of Ethereum spot ETFs stands at $13.767 billion, representing 3.8% of the token’s total market capitalization.
Top altcoins followed bitcoin’s price momentum with a downward trend of their own:
XRP: The token is trading at $2.87 with a dip of 2.11%. It has, however, maintained its position as the third-largest cryptocurrency with a market cap of $169.88 billion.
BNB: It is currently trading at $682.31, down by 2.42% with a market cap of $95.04 billion.
Solana: SOL has seen a fall of 4.41% to $160.09, registering a steeper decline with a market cap of $85.86 billion.
TRON: The native token TRX’s price today is at $0.3001 with a dip of 1.49%. Its market cap stands at $ 28.43 billion.
Dogecoin: DOGE’s price stands at $0.1917 with a fall of 7.48%. The popular meme coin faces selling pressure with a market cap of $28.78 billion
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Tether (USDT) and USDC held steady at $0.9998 mark, providing much-needed liquidity in a volatile market. However, the coins are not void of scrutiny.
In recent news, Jorn Lambert, Chief Product Officer at a US Mastercard payment company, said that stablecoins have a significant way to go before they could be effective instruments for mass-market transactions. Lambert indicated that technical characteristics aside, elements like easy and consistent user experience, comprehensive coverage, and broad consumer availability are important for stablecoins to function as payments.
Let’s check out the major macroeconomic moves that have affected crypto prices today:
Kazakhstan has reportedly identified cryptocurrencies as a viable asset class for inclusion in the country's national reserves. According to Kursiv, a local media outlet, the country plans to invest a portion of its gold and foreign exchange reserves into crypto-related instruments.
Timur Suleimenov, head of the National Bank of Kazakhstan, said at a press conference pointed to Norway's sovereign wealth fund, the US government's digital asset holdings and initiatives in the Middle East as potential models. He noted, “These authorities have certain investments either in crypto assets directly or in [exchange-traded funds] and shares of companies that are closely related to crypto assets."
Bitcoin's creator, Satoshi Nakamoto, became the 11th richest person in the world after Bitcoin tapped $120,000 on July 13, 2025. Nakamoto is believed to hold 1.096 million Bitcoin (BTC) across thousands of wallets, which is worth over $131 billion at current prices. This places Nakamoto at number 11 on Forbes' richest billionaires list. Thus, overtaking Michael Dell, CEO of tech giant Dell Technologies, with a net worth of $125.1 billion.
US President Donald Trump has demanded that the Federal Reserve lower interest rates to less than 1%. Moreover, Trump will announce a $70 billion investment plan in artificial intelligence and energy in Pennsylvania on July 15, 2025. The move is the latest in a series by the White House to speed up the development of new technologies.
A government official revealed that Trump will make the announcements of these new plans at a gathering in Pittsburgh's suburbs. The gathering will be presided over by Republican Senator McCormick, and the AI and energy industries' top leaders, as many as 60 corporate executives, are scheduled to be present.
According to a spokesperson for McCormick, Blackstone Group President Gray will unveil a $25 billion proposal for the construction of data centers and energy infrastructure. It is anticipated to provide about 6,000 construction jobs and 3,000 long-term jobs each year.
Also Read: Crypto News Today: Trump Token Fees Hit $172M, Strategy Adds $472M in Bitcoin, Grayscale IPO & More
The crypto market is charting a tricky terrain following Bitcoin's record-breaking advance past $120,000. Despite the current correction, the long-term outlook remains positive as institutional adoption accelerates and regulatory frameworks continue to evolve. The market is down today as it's entering a mature phase.
Investors should remain cautious and monitor key developments that could shape the market's direction in the coming weeks and months.
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1. What is Bitcoin’s current price and outlook for the coming weeks?
Bitcoin is trading at $117,384.14, down 3.21% in the last 24 hours. Analysts like Katie Stockton expect it to reach $135,000 before entering a correction phase, suggesting bullish momentum remains intact in the medium term.
2. Why did Ethereum ETF inflows attract attention this week?
Ethereum spot ETFs saw $259 million in net inflows, with BlackRock’s ETHA contributing $151 million. These consistent inflows, now totaling $13.767 billion in assets, highlight growing institutional trust in Ethereum’s long-term value.
3. Which altcoins are underperforming today and by how much?
Dogecoin is down 7.48% at $0.1917, while Solana fell 4.41% to $160.09. Other notable declines include BNB at 2.42% and XRP at 2.11%, showing that altcoins are facing stronger corrections than Bitcoin.
4. What are Kazakhstan’s new plans regarding cryptocurrency?
Kazakhstan is exploring crypto investments for its national reserves. According to central bank head Timur Suleimenov, the country may follow examples like Norway or the US in investing in ETFs or crypto-related instruments for higher returns.
5. Why is Satoshi Nakamoto trending in crypto news today?
Satoshi Nakamoto, Bitcoin’s anonymous creator, became the world’s 11th richest person after BTC touched $120K. He is estimated to hold 1.096 million BTC, valued at over $131 billion—surpassing Dell CEO Michael Dell’s net worth.