Crypto Today: Bitcoin Surge, BlackRock Moves & Trade Impact
What happened in Crypto today : As investor confidence rises and institutions pour in money, Bitcoin in the meantime has touched an all-time high of $118,000, and the whole crypto market is coming back to life. Ethereum is also doing great, with major players like BlackRock stepping up their exposure. BlockDAG and Toncoin are grabbing the spotlight with some bold moves within the ecosystem.
Meanwhile, with the new tariffs proposed by Trump, investors are looking towards digital assets. CoinMarketCap’s Fear and Greed Index stands at a 67 (Greed), showing an uptrend in optimism. Let’s examine today’s top developments in the world of crypto today.
Source: CoinGecko
Today’s top 5 highlights from the world of crypto
1. Bitcoin Price Hits All-Time High, Soars Beyond $118,000 Mark
Crypto Today News, In a historic market rally, Bitcoin surged past the $118,000 mark for the first time ever breaking all previous records. Experts say the price surge is due to weaker traditional currencies and new money coming in from regular people and big companies.
The milestone marks a new era for Crypto Today as it continues to solidify its position as “digital gold.” With momentum building, traders are eyeing the next psychological barrier at $120,000.
At the same time, other coins like Ethereum and Solana are also going up, moving along with Bitcoin’s rise.
Source: X
2. BlackRock ETH Purchase Outperforms Its BTC Buying
Crypto Today Update: When Bitcoin is performing all time high, BlackRock has made headlines once again this time for its aggressive Ethereum acquisitions. According to recent filings, BlackRock's Ethereum ETF exposure has grown faster than its Bitcoin holdings signaling a strategic shift.
The firm reportedly bought over $500 million in ETH-linked products, citing long-term value in Ethereum’s smart contract utility and staking rewards.
This marks a significant turning point in institutional investments, as crypto today sees growing interest beyond Bitcoin. This move might encourage other investment firms to put more money into Ethereum and similar useful tokens.
Source: X
3. BlockDAG News: BDAG Vesting Offer 80% Coin Unlock on Launch Date
BlockDAG (BDAG) announced a game-changing update related to cypto today. The platform revealed that 80% of BDAG tokens will be unlocked on the mainnet launch date giving early adopters significantly more liquidity from day one.
This vesting strategy is unusual in the current crypto today environment, where most projects enforce strict lock-ins to prevent early dumping. The community has responded positively, viewing it as a show of confidence in the project’s fundamentals.
Crypto Today Update: BlockDAG also shared updates on node integrations, ecosystem partnerships, and airdrop events slated between July and September.
Source: X
4. Trump Tariffs Canada: New 35% Import Duty Could Boost Crypto
Crypto Today, The U.S. President Trump has announced a 35% tariff on all goods imported from Canada starting August 1. The news was shared on Thursday, July 11, in an official letter to the Canadian government.
While the move is positioned as part of a broader trade strategy, analysts believe it may have unintended consequences for the financial sector- including the market.
As trade tensions grow and traditional markets become more unstable, many investors are turning to cryptocurrencies for safety. Bitcoin and stablecoins could see more demand as people move their money away from regular investments.
Source- X
5. Toncoin’s Golden Visa Partnership Gains Momentum
In Crypto Today Update Toncoin (TON), the native token of The Open Network, is gaining traction after its Golden Visa partnership with select European nations was made public. Through this initiative, investors staking a specific TON amount can become eligible for a residency program in crypto-friendly jurisdictions .
This unique use case combines blockchain with real-world benefits, attracting high-net-worth individuals looking to secure mobility and asset protection. TON’s price saw a 12% jump following the announcement, and trading volume nearly doubled in 24 hours
Source: X
There is bullish momentum brewing in the market as Bitcoin easily shines past $118,000, backed by investor sentiment and macroeconomic adjustments. Ethereum is glowing under the glare of institutional interest, with altcoins like Solana and Toncoin in its wake.
Other changes from BlockDAG and geopolitical tensions, Trump-style tariffs included, are keeping the crypto bull awake and energized. This very moment in time seems ripe for the market to write another explosive chapter.
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