XRP News Today: Bitcoin Surges 37% Post Geopolitical Events, Bhutan's Strategy Boosts Confidence

Bitcoin has been a dominant force in the cryptocurrency market, with its performance driven by institutional buys, futures launch plans, and Bhutan’s mining strategy. The small nation has mined 12,000 BTC since 2020, holding $1.3 billion in Bitcoin reserves, which equals nearly 40% of its GDP. Bhutan’s sustainable mining strategy, using hydropower, underscores a long-term commitment to digital assets and might influence other nations considering sovereign Bitcoin strategies. This has boosted long-term investor confidence in Bitcoin.

Coinbase’s plan to launch perpetual futures on July 21 has added more bullish pressure to Bitcoin’s price. Analysts predict price rallies leading into late July, fueled by heightened market activity. Additionally, financial regulations could shift with the GENIUS Act and Clarity Act set for Senate reviews. These developments heighten anticipation as July approaches, a critical month for market transitions.

Ripple’s ongoing SEC battle has intensified with denied settlements, heavy fines, and growing pressure on XRP’s price and regulatory status. Judge Analisa Torres denied motions for early settlement, rejecting Ripple’s $50 million offer. Additionally, the court upheld a permanent injunction against XRP institutional sales and imposed a $125 million fine. Despite legal setbacks, Ripple is building out cross-chain technology with Wormhole to enable EVM-compatible sidechains. These advances aim to position the XRP Ledger for institutional DeFi use. However, legal overhang affects investor sentiment and XRP’s market behavior.

July is set to reshape crypto markets with upcoming token unlocks, major U.S. regulatory acts, and Coinbase’s new futures rollout. Crypto social media trends have sharply intensified heading into July 2025, with Bitcoin, XRP, and the month itself leading discussions. In-depth discussions also center on Bitcoin’s divisibility, proof-of-work methodology, and impact on international financial markets. The Ripple v. SEC case and Bhutan’s covert Bitcoin holdings have sparked new discussions in the community.

Bitcoin’s social media traction stems from institutional accumulation and its core use cases in wealth preservation. The Federal Reserve's shift to an "ample reserves" policy has increased liquidity in the market, which has historically been beneficial for risk assets like cryptocurrencies. This trend, coupled with the Fed's rate cuts, has led to a higher risk appetite among investors, further boosting the demand for digital assets. Bitcoin, in particular, has been testing a crucial resistance level at $108,000. This move has had a significant influence on the broader cryptocurrency market, especially altcoins. The Altcoin Season Index, a key indicator, currently signals that the market is in a "Bitcoin Season," where Bitcoin's dominance is at its peak, and altcoins struggle to keep up. This dominance is further evidenced by Bitcoin's ability to hold above $107,000 despite bearish market sentiment and weak altcoin performance.

XRP has seen a surge in interest from options traders, with aggressive accumulation of XRP calls suggesting optimism about its price rise. This optimism is backed by a report showing that XRP holdings on a major exchange doubled from November 2024 to May 2025, with its price surging from $0.50 to $2.19, indicating a 338% rise. However, despite this bullish sentiment, top-tier tokens like Solana, Ethereum, and XRP are showing signs of cooling off as the broader crypto market enters a holding pattern.

The geopolitical landscape has also played a role in Bitcoin's performance. A study noted Bitcoin's historic strength after geopolitical events, averaging a 37% gain in the 60 days following such events. This resilience has been a key factor in Bitcoin's recovery from recent geopolitical shocks, further cementing its status as a safe-haven asset. Despite the bullish trends, the cryptocurrency market has also experienced dramatic selloffs, with Bitcoin plummeting below the psychologically critical $100,000 level. This volatility has led to panic selling among some investors, but it has also presented opportunities for those with a longer-term perspective. As the market continues to evolve, Bitcoin and XRP are likely to remain at the forefront of investor attention, driven by macroeconomic trends and market dynamics.