Bitcoin (BTC) climbed to $119,293.86 on July 16, 2025, rebounding 2% after a $360 million liquidation of long positions. The rally was driven by optimism around U.S. crypto legislation and sustained ETF inflows. Ethereum (ETH), Solana (SOL), and XRP also saw gains, with ETH up 10% and SOL eyeing $185, reflecting a broader market upswing. However, a stronger-than-expected U.S. CPI print tempered risk appetite, keeping BTC below its recent $122,884 peak.
Bitcoin Surges to $119,293.86 Amid Market Recovery
