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Crypto Price Prediction for July: Upcoming Events That May Impact Markets
As the first half of 2025 comes to a close, market participants are eagerly anticipating the upcoming events in July that may significantly impact cryptocurrency markets. With Bitcoin (BTC) hovering just 4% away from its all-time high of $111,970, there is growing optimism about the potential for another price surge.
Despite the recent volatility having been slashed to a large extent, the crypto space remains a hotbed of activity and debate. The sentiment in the market has shifted towards optimism, with discussions revolving around the functionality and relevance of Bitcoin and its role in financial ecosystems. The term “USE” is trending due to these ongoing conversations.
In this article, we will delve into the most critical events that could alter the course of crypto markets in July.
One of the most significant developments expected to impact markets is the outcome of the Ripple vs. SEC lawsuit. Judge Analisa Torres has denied settlement motions and rejected requests to reduce penalties, effectively upholding a permanent injunction against XRP institutional sales. This legal battle continues to draw attention from both the cryptocurrency community and mainstream media, with many anticipating that its resolution could have far-reaching implications.
Ripple’s advancements in technology are also worthy of note, as it partners with Wormhole to enable multichain interoperability for the XRP ledger and its upcoming EVM sidechain. This development holds immense potential for institutional DeFi and cross-chain asset transfers, sparking cautious optimism regarding XRP’s future prospects.
The crypto market is also poised to be impacted by Bhutan’s quiet accumulation of 12,000 BTC since 2020. With a reserve worth nearly $1.3 billion, representing approximately 40% of the country’s GDP, this significant development has raised eyebrows in the cryptocurrency community.
Other notable trends include Bakkt Holdings’ recent filing for a billion-dollar shelf offering with the SEC, which could potentially trigger market volatility as users eagerly await capital raise updates. The recent surge in Ethereum price action above $2,500 is also garnering attention as whale accumulation surges.
Source: coinpedia.org
