EPISODE · Jul 15, 2025 · 11 MIN
Bitcoin Breaks $120K as Crypto Week Kicks Off in Washington
from The Breakdown · host Blockworks
Bitcoin starts the week by smashing through $120,000, triggering a wave of excitement on crypto Twitter and in traditional finance alike. NLW breaks down the immaculate vibes, the record ETF inflows, and how institutional capital is finally moving with urgency. Meanwhile, Washington launches its most ambitious legislative push on crypto to date, with stablecoins leading the charge and opposition intensifying. From BlackRock’s record-breaking ETF to Grayscale’s legal showdown with the SEC, and from Trump’s crypto ties to the global monetary backlash against U.S. stablecoins—this is one of the most pivotal weeks yet in Bitcoin’s history. Sources: https://www.coindesk.com/opinion/2025/07/07/without-operational-alpha-bitcoin-treasury-company-premiums-will-collapse https://www.bloomberg.com/opinion/articles/2025-07-09/bitcoin-buying-and-coffee-are-too-frothy-a-mix?sref=qUxVp6JU Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/@TheBreakdownBW Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownBW
What this episode covers
Bitcoin starts the week by smashing through $120,000, triggering a wave of excitement on crypto Twitter and in traditional finance alike. NLW breaks down the immaculate vibes, the record ETF inflows, and how institutional capital is finally moving with urgency. Meanwhile, Washington launches its most ambitious legislative push on crypto to date, with stablecoins leading the charge and opposition intensifying. From BlackRock’s record-breaking ETF to Grayscale’s legal showdown with the SEC, and from Trump’s crypto ties to the global monetary backlash against U.S. stablecoins—this is one of the most pivotal weeks yet in Bitcoin’s history. Sources: https://www.coindesk.com/opinion/2025/07/07/without-operational-alpha-bitcoin-treasury-company-premiums-will-collapse https://www.bloomberg.com/opinion/articles/2025-07-09/bitcoin-buying-and-coffee-are-too-frothy-a-mix?sref=qUxVp6JU Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/@TheBreakdownBW Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownBW
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Bitcoin Breaks $120K as Crypto Week Kicks Off in Washington
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