Bitcoin Soars Past $122K, Altcoin Season Ignites as Market Cap Nears $4T

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

Hey there, it’s Crypto Willy, your go-to blockchain buddy, back with the juiciest action and sharpest strategies from the wild world of crypto for the week rolling into July 22, 2025!

First up, **Bitcoin** has been flexing its muscles. After smashing a shiny new all-time high at $122,884 on Monday according to Nansen, prices cooled off to hover around $118,000—think of it as Bitcoin catching its breath after a sprint. Michael Harvey over at Galaxy Digital suggests this “pause for air” is likely before maybe unleashing another rally by the end of month. The Fear & Greed Index is flashing greedy at 67, and trading volumes are through the roof, up 43% this week—major FOMO energy in the air. Institutional sharks aren’t just circling, they're are diving in, thanks to robust spot ETF inflows and BlockInc’s buzzy addition to the S&P 500. Even though we got a little pullback, top analysts from CoinDCX and Changelly still see the bullish scenario: a push to $125K–$128K by early August isn’t off the table, and some are dreaming of $140K–$150K if things get wild.

But it’s not all just Team Orange. **Ethereum** has been on a tear—recovering from lows around $1,700 not long ago to cruising north of $3,600. Tom Lee from Fundstrat is calling for $5,000 in the near term and whispering crazy high numbers—if it’s valued like USDC or Circle, that’s a $10K–$20K possible moonshot. The real juice this week? ETH’s ETFs are sucking in $2.18 billion in fresh inflows, making it king of the charts, and signaling smart money is betting big on altcoin season.

Speaking of **altcoins**, the “alt season” switch is flipping on. XRP—thanks to Donald Trump's stablecoin-friendly GENIUS Act—rocketed up to $3.53 and is threatening to bust clean through $3.60, with technicals hinting at a quick ride to $4 if the stars align. XRP’s RSI is screaming bullish at 84, and if it breaks out, brace for fireworks.

Zooming out, the **total crypto market cap** spiked to an eye-watering $3.94 trillion, ETF flows are gushing, and altcoins ate into Bitcoin’s dominance, dropping it from 63.76% to 60%. That’s a seismic shift: the last time the altcoin cap reclaimed this much strength was eight years ago! And all this with the backdrop of the U.S. Fed hinting at a possible rate cut on July 31, which is adding rocket fuel to risk-on assets like crypto.

For trading strategy? This week was about tight risk management. The big boys—the EMAs, Bollinger Bands, and MACD—are all showing the market’s in a “wait and see” mode after the run-up. Bulls wanna see Bitcoin hold above $118K for a shot at $125–$128K, but if it cools below $115K, expect some healthy consolidation. Keep your eye on the MACD for momentum swings and the ETF flow numbers—they’re the canary in the coal mine for where money’s really moving.

Thanks for hanging with me, Crypto Willy, for this week’s lightning tour through the digital money jungle. Come back next week for more charts, alpha, and zero hype—just the real play-by-play. This has been a Quiet Please production; for more, check out QuietPlease.ai. Stay sharp out there, and happy stacking!

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