Bitcoin Blasts Past $122K, Altcoins Awaken & Traders Eye Fed Moves

Smart Crypto Investing: Bitcoin, Altcoins & Trading Strategies podcast.

This is Crypto Willy, dropping the latest pulse on smart crypto investing for the week ending July 26, 2025—and, wow, what a ride it’s been across Bitcoin, altcoins, and trading strategies!

Let’s kick off with Bitcoin, everyone’s favorite digital heavyweight. Bitcoin hit another all-time high this month, zooming past $122,000 on the back of dollar weakness, inflationary pressures, and a flurry of pro-crypto legislation blazing through the U.S. House during this summer’s so-called “Crypto Week.” As of today, BTC trades in the $116,000–$117,500 range, cooling off just a bit after a sharp rally. Coindcx.com notes over $144 million in BTC positions were liquidated in a 24-hour span, with most of that carnage on the long side. But here’s the kicker: trading volumes are up about 20% and the Crypto Market Fear & Greed Index just notched 67 out of 100—firmly in “Greed” territory.

Technical signals are mixed. Bitcoin’s price has slipped under all the big EMAs and the MACD just crossed into notably bearish territory. Still, predictions out there range from a healthy pullback to $115,000—or even $112,000—if this current chop stalls. Bulls, led by heavy-duty bulls like Tom Lee at Fundstrat, are unfazed; Lee pegged his year-end target between $200,000 and $250,000 with a straight face on CNBC, citing massive growth in global M2 money supply and surging institutional demand.

On the institutional side, Binance’s July report highlights whale-sized bids stacking up between $110,000 and $115,000, hinting at serious accumulation by the big players—names like BlackRock and Fidelity keep ramping up ETF inflows. Meanwhile, Bitcoin’s dominance is in free fall, down from 66% to just about 60%, as ETH and the broader altcoin market heat up.

Speaking of altcoins, let’s talk Ethereum for a second. ETH ETPs (those exchange-traded products everyone’s talking about) raked in $2.2 billion during July alone, triggering strong ETH/BTC outperformance. The action has shifted some attention off Bitcoin and triggered what one could call an “ETH summer.” But caution: altcoin rallies are still hit-or-miss. While certain sectors—think AI-influenced coins and DeFi blue chips—are finding traction, others are lagging, especially with Bitcoin so close to another breakout.

The mining sector faced its own volatility. The Texas grid—ERCOT—called for miner shutdowns during record heat waves, triggering a huge drop in BTC mining difficulty, down 7.5% (one of the sharpest moves since China’s 2021 crackdown). Major mining firms like Core Scientific, Iris Energy, and Bitfarms are pausing upgrades and even selling off gear to refocus on AI data center projects. Those still mining benefit as competition thins out—a classic case of “last hash standing.”

Smart trading this week? Watch those resistance levels near $122,650. If BTC cracks above, we could see serious FOMO and a run towards $150,000. If not, savvy players are eyeing buy zones at $110,000 and keeping dry powder for pullbacks. And as always, keep locked on macro signals—the upcoming Fed rate decision on July 31 could swing liquidity fast!

Thanks for tuning in to this week’s update with me, Crypto Willy. Catch you next week for more no-nonsense insight on the world of smart crypto investing. This has been a Quiet Please production—check out Quiet Please Dot A I for more.

Get the best deals https://amzn.to/3ODvOta