In the crypto market report covering the week of July 21-28, prepared by the ICRYPEX Research team, we have compiled the latest developments regarding crypto assets, their price movements, and macroeconomic developments.
You can view the general flow of this report below and access all the developments that took place in the 7-day period at Weekly Crypto Market Reports: July 21-28, 2025.
June 21 Weekly Crypto Market Report Overview
Last week, there was no significant movement in the markets. On July 22, Fed Chairman Powell’s speech at the banking conference did not include any comments on economic or monetary policies, indicating that uncertainty remains in the markets. On July 23, the US secondary housing sales data came in at 3.93 million, below expectations. The same day, the crude oil stock data showed that supply tightness continues. On July 24, PMI data from both the US and Europe caught attention; the US Manufacturing PMI remained near contraction territory, while the Services PMI signaled strong expansion.
In the crypto market, several important developments pointed to an increase in institutional investments. SharpLink Gaming and Bitmine Immersion’s total purchase of 500,000 ETH strengthened Ethereum’s position in institutional reserves, while Trump Media’s announcement of a $2 billion Bitcoin and related securities investment impacted the market. Additionally, SEC Chairman Paul Atkins’ statement that Ethereum is not a security may influence companies’ decisions to include ETH in their reserves.
Bitcoin, after reaching an all-time high of $123,260, traded within a horizontal range. Although it dropped below $116,000 on Friday, it quickly recovered and rose to $118,900. In the crypto market, the impact of institutional demand on medium-term trend shifts is being closely watched.
Next week, several key economic data from the US and Eurozone could have a significant impact on the markets. The US Consumer Confidence data, to be released on July 29, is of great importance, particularly regarding consumer spending and growth expectations. A strong consumer confidence reading could signal higher spending and continued growth. On July 30, the ADP Non-Farm Employment data will reflect changes in the labor market and may cause market fluctuations.
In addition to US and Eurozone growth data, the Fed’s interest rate decision on July 30 will also be crucial.
Those who want to get more comprehensive information about the week covering July 21-28 can review Weekly Crypto Market Reports: July 21, 2025.