Bitcoin traded at US$118,478 as of July 20, 2025, evening, an increase of 0.35% over the past 24 hours.

Ether rose by 3.96% to $3,761, according to data from The Block’s crypto price page.

Analysts attribute the current market rally to increased institutional participation.

More firms are adding bitcoin and ether to their corporate treasuries, supported by record inflows into spot ether exchange-traded funds.

These inflows have recently surpassed bitcoin ETFs, according to Min Jung, a research analyst at Presto Research.

Bitcoin’s market dominance has decreased to 61%, a decline of 6.37% in the past month. This shift may indicate a trend towards altcoins.

XRP, BNB, and Solana each posted gains of over 2%, while the broader altcoin market also noted positive movement.