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![semick Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::14668338.png) Scott Emick 🇺🇸 [@semick](/creator/twitter/semick) on x 2745 followers
Created: 2025-07-19 15:30:18 UTC

Bitcoin (BTC)
📰 Key Drivers Behind BTC’s Moves

X. “Crypto Week” Legislation Boost

Congress passed three major crypto bills—Genius Act (stablecoin regulation), Clarity Act (classification of digital assets), and the Anti‑CBDC Surveillance State Act—and President Trump officially signed the Genius Act into law on July 18, 2025. These moves are pushing BTC and related assets higher    .
•Immediate Impact: Bitcoin rallied to a fresh all-time high near $123K earlier this week  .
•Tech & Institutional Momentum: Deutsche Bank notes the surge is backed by institutional inflows—including ~$50B into Bitcoin in 2025—and growing ETF and treasury adoption  .

X. Consolidation After Rally

According to analysts at Galaxy Digital, BTC is likely “pausing for air” after its run-up, with likely slow melt-up toward the end of July  .


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946593448070640089/c:line.svg)

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[Post Link](https://x.com/semick/status/1946593448070640089)