Crypto News Today: Latest Updates for 21 July 2025 – Bitcoin at $118.5k, Altcoins on the Move as ETH Targets 4k, XRP Targets $6-$10

Trump Media and Technology Group, the parent company of Truth Social, has accumulated $2 billion in Bitcoin and Bitcoin-related securities as part of its newly implemented crypto treasury strategy.

Notably, the $2 billion in Bitcoin and Bitcoin-linked securities now represents about two-thirds of Trump Media’s $3 billion in total liquid assets. 

According to a 21 July 2025 Bloomberg report, TMTG CEO Devin Nunes said, “We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan. These assets help ensure our company’s financial freedom, help protect us against discrimination by financial institutions, and will create synergies with the utility token we’re planning to introduce across the Truth Social ecosphere.”

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Today Ethereum reached an intraday high of $3812 – highest since December 2024. ETH price movements reflect a strong bullish momentum, with the altcoin breaking through key resistance levels. Even the $3,800 level represents a significant psychological barrier.

Analysts believe that crypto silver a.k.a Ethereum could reach $4,000 before July end and $15,000 before year end. Tom Lee from Fundstrat Global Advisors said that ETH is “Wall Street’s preferred choice” for blockchain infrastructure. “Layer-1 platforms like Ethereum, because they power entire ecosystems, often warrant higher valuation multiples, similar to how software firms command richer pricing than consumer businesses,” Lee said.

TOM LEE’S 2025 FORECASTS FOR ETHEREUM

Chairman of $BMNR, sees $ETH at $4000 by end of July and $10k-15k by EOY. This is based on $CRCL multiples and Layer 1 usage premiums. pic.twitter.com/dXv9N7Zac1

— Samsolid (@samsolid57) July 19, 2025