Crypto Weekly Round-up for July 5 – July 11, 2025
An overview of the week's events, updates and movements in the crypto space to stay up-to-date on the most important stories and market-shaping events.
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4min
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Jul 11, 2025
Weekly Crypto Digest: Bitcoin Hits New ATH, Corporate Treasuries Expand, and US Targets El Salvador’s Crypto Usage
Here is a comprehensive overview of the week's events, updates, and movements in the crypto space to stay up to date on the most important crypto stories and market-shaping events.
- KEY TAKEAWAYS
- Bitcoin breaks new all-time high, surging past $118K as shorts get liquidated.
- Japanese firm Remixpoint raises $215M to expand BTC reserves, fueling the growing Bitcoin treasury trend.
- US senators propose sanctions on El Salvador’s Bukele over alleged crypto misuse and human rights concerns.
- HIGHLIGHTS
📈 Bitcoin rallies to $118K amid short squeeze and safe-haven demand
Bitcoin reached a new all-time high, crossing $118,000 after rising nearly 7% over the past week. The surge was driven by over $200 million in liquidated shorts, renewed investor interest, and growing confidence in Bitcoin as a long-term store of value.
Analysts at Bitfinex noted that the rally appears more sustainable compared to previous cycles, with real spot demand and long-term accumulation playing a bigger role. Exchange reserves continue to decline, pointing to reduced selling pressure.
Sygnum Bank added that Bitcoin is gaining ground as a safe-haven asset, especially in light of recent macroeconomic volatility. The U.S. administration’s new tariffs, announced by President Trump, may also have contributed to a shift in capital toward Bitcoin.
The total crypto market capitalization reached $3.47 trillion, the highest level since June 2025, though it remains below the December 2024 peak of $3.73 trillion.
🏢 Remixpoint steps up Bitcoin treasury holdings
Japanese energy and fintech company Remixpoint has raised ¥31.5 billion (around $215 million) to expand its Bitcoin reserves. The firm plans to increase its holdings to 3,000 BTC, significantly up from its current 1,051 BTC.
Funds were raised through a mix of stock acquisition rights and bond issuance, with the company confirming all proceeds will go toward Bitcoin purchases. The move follows a broader shift in corporate strategy—Remixpoint’s CEO will now receive his salary in BTC as a signal of commitment to the asset.
Remixpoint joins a growing list of companies increasing their Bitcoin exposure. Metaplanet acquired over 2,200 BTC earlier this week, while two European firms—The Blockchain Group and Smarter Web Company—also added to their reserves. Still, some market watchers caution that interest in Bitcoin treasury strategies may cool as the trend matures.
📜 US senators push back against Bukele’s Bitcoin policies
A group of Democratic senators has introduced a new bill targeting El Salvador’s president, Nayib Bukele, and his administration. The El Salvador Accountability Act calls for sanctions over alleged human rights abuses and questionable use of public funds through Bitcoin.
If enacted, the bill would impose penalties such as freezing US-based assets, denying visas, and cutting off financial aid to involved officials. It also mandates a detailed report from the Secretary of State on El Salvador’s crypto strategy, including wallet addresses, exchange partners, and the total amount of Bitcoin acquired using government funds.
President Bukele has brushed off the move, calling it politically motivated. The legislation comes amid growing concern over how public institutions are using crypto, especially as El Salvador continues to build out its Bitcoin-centric economic model.
- MARKET MOVES
Bitcoin:+7.19% → $118,005.10 | Volume: +18.2% → $58.14B
Ethereum:+16.53% → $2,964.12
XRP:+17.19% → $2.59
Solana:+10.09% → $164.95
The crypto market rallied across the board this week, led by Bitcoin’s breakout to a new high. Ethereum, XRP, and Solana also posted strong double-digit gains, with trading volume picking up after last week’s lull. Momentum appears to be returning as investor sentiment improves.
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