Bitcoin just smashed through $123,000, hitting a new all‑time high on July 14, 2025. That’s up 30% this year, and it’s not happening in a vacuum. Washington has officially declared "Crypto Week" as lawmakers in the U.S. House prepare to debate three big crypto bills: the Genius Act for stablecoins, the Clarity Act, and the Anti‑CBDC Surveillance State Act.
Investor excitement is off the charts. Analysts say institutional demand, hopes for interest rate cuts, and a pro‑crypto push from President Trump—who’s now calling himself the “crypto president”—are all fueling this rally.
And it’s not just Bitcoin. Ether climbed to a 5‑month high around $3,060, while XRP rose more than 5%. Together, the total crypto market cap jumped to a staggering $3.8 trillion.
Why XRP Matters Now
XRP, originally built to speed up fast, cheap international money transfers, is getting fresh attention. It’s no longer just a niche payment token—it’s moving into real world banking — and now into U.S. government plans. Back in March, Trump said the U.S. would build a “Crypto Strategic Reserve” that includes Bitcoin, Ethereum, Solana, Cardano, and XRP.
That move sent XRP prices soaring, as it signaled growing government acceptance . Today’s surge proves investors are taking notice.
Bottom Line: What You Should Know
This isn’t just hype—it’s a major shift. U.S. lawmakers are serious about big crypto rules. Prices are rising fast, but it’s not plain riding the wave. There’s real substance behind the headline numbers.
Whether you're a long‑time trader or just curious, here’s the gist:
Bitcoin: Clearly leading the charge with new price records.
Ether & XRP: Riding the wave thanks to strong demand and fresh regulatory headlines.
Regulation: Key bills could reshape crypto rules—for better stability.
In a nutshell: All eyes are on Washington this week. If Congress rolls out clear rules—and Trump’s voice stays loud in the background—the entire crypto market could be heading into a new era of mainstream credibility. Bitcoin and XRP are just the opening acts. Stay tuned, because Trend Rage will keep you in the loop.
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