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[LIVE] Crypto News Today: Latest Updates for July 16, 2025 – Bitcoin Rally Eases, Ethereum Holds Above $3,100 on Institutional Demand

2025-07-16 04:19:55

[LIVE] Crypto News Today: Latest Updates for July 16, 2025 – Bitcoin Rally Eases, Ethereum Holds Above $3,100 on Institutional Demand

Main Idea

Bitcoin's rally eases while Ethereum holds above $3,100 due to institutional demand, and SharpLink Gaming significantly increases its Ethereum holdings.

Key Points

1. Bitcoin is up 0.2% over the past 24 hours, trading just below $117,400 after reaching $123,100 earlier in the week.

2. Ethereum is up 5.8%, maintaining a strong position above $3,100, driven by institutional inflows.

3. SharpLink Gaming purchased an additional 6,377 ETH worth approximately $19.56 million, bringing its total holdings to 91,330 ETH valued at over $275 million in the past seven days.

Description

The crypto market is showing mixed signals today, with the total crypto market cap falling 3%. Bitcoin is up 0.2% over the past 24 hours, currently trading just below $117,400, after touching $123,100 earlier this week. Meanwhile Ethereum is up 5.8%, holding strong above $3,100 on institutional inflows. But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for July 16, 2025 – Bitcoin Rally Eases, Ethereum Hol...

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Tags:
Industry Talk Bitcoin Ethereum Market
$BTC
$118289.8
+1.96%
$ETH
$3190.40
+7.18%

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