Thu Jul 17 10:30:00 UTC 2025: **Crypto Market Bounces Back After Brief Dip, Ethereum Leads the Charge**

**[City, State] –** The cryptocurrency market is showing renewed vigor today, rebounding after a day of minor setbacks. As of [Time], a significant 92 out of the top 100 cryptocurrencies by market capitalization are experiencing price increases over the last 24 hours.

While the overall cryptocurrency market capitalization has seen a slight dip of 2.1% to $3.8 trillion, the total trading volume remains robust at $205 billion, mirroring yesterday’s activity.

Bitcoin (BTC) has regained ground, climbing 1.1% to trade above $118,000, currently priced at $118,233. However, Ethereum (ETH) is stealing the spotlight among the top 10 coins, surging an impressive 5.8% to $3,145. Dogecoin (DOGE) follows with a 3.3% increase, now trading at $0.1974, while Tron (TRX) saw a more modest gain of 0.4% to $0.3008.

Among the top 100 coins, Pump.fun (PUMP) leads the charge with a notable 11.2% jump to $0.006593. Artificial Superintelligence Alliance (FET) follows with a 9.8% increase to $0.7578. Conversely, Fartcoin (FARTCOIN) experienced the largest decline, dropping 4.6% to $1.2, with WhiteBIT Coin (WBT) down 2.1% to $44.31.

**US Crypto Legislation Stalls**

Despite the market’s upward trend, progress on cryptocurrency legislation in the United States faced a setback on Tuesday. Members of the House Freedom Caucus opposed key bills, citing concerns about central bank digital currencies (CBDCs) and the bills’ perceived shortcomings in addressing related issues.

**Moscow Exchange to Launch Ethereum ETF Fund**

In a move signaling growing interest in digital assets, the Moscow Exchange plans to introduce a fund tracking a major Ethereum ETF in August, following the recent launch of Bitcoin index futures. The fund will be based on the BlackRock-run iShares Ethereum Trust ETF.

**Bitcoin’s Future: $150,000 Within Reach?**

Analysts are weighing in on Bitcoin’s potential trajectory. Andrejs Balans, risk manager at YouHodler, notes that Bitcoin’s market has matured with improved liquidity and institutional participation, resulting in lower volatility. However, he cautions that profit-taking by long-term holders and regulatory uncertainties could temper rapid price increases.

**Levels to Watch**

Bitcoin is currently trading at $118,233. Ethereum is trading at $3,145.

**Positive Flows Into Spot ETFs**

US BTC spot exchange-traded funds (ETFs) saw positive flows for the ninth day in a row, with on 15 July. ETH ETFs also saw inflows for the eighth day in a row, with on 15 July.

**SharpLink Continues Ethereum Accumulation**

SharpLink purchased 6,377 ETH on Wednesday, bringing its total to nearly 312,000 ETH.

**Peter Thiel Invests in BitMine Immersion Technologies**

Peter Thiel has acquired a 9.1% stake in BitMine Immersion Technologies. The company now holds more than 163,000 ETH.

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