Bitcoin at $1M forecast gains ground as money supply heads for $200 trillion

  • The ratio of global M2 money supply to Bitcoin in circulation has reached a record level.
  • Only 21 million BTC exist, boosting scarcity appeal.
  • The psychological framing of Bitcoin reaching $500,000—or even $1 million—is now gaining traction in both retail and institutional circles.

As the world’s money supply expands at an unprecedented pace, a growing number of market participants believe Bitcoin could eventually hit $1 million per coin.

The belief isn’t based on speculation alone—it stems from hard numbers.

Central banks are printing more money, governments are spending at record levels, and the global M2 money supply is expected to double from $100 trillion to $200 trillion by 2035.

With Bitcoin’s supply capped at 21 million, this massive influx of liquidity could create a potent supply-demand imbalance.

Money supply surge boosts BTC case

Bitcoin maximalists and macro-focused analysts now frequently cite monetary debasement as a key reason to hold the pioneer cryptocurrency.

Fred Krueger, a longtime Bitcoin advocate and investor, posted on X that “it will take 1 trillion USD moving into Bitcoin to get to 1 million.”

He argued that with the global money supply rising rapidly, “zero chance we don’t get there.”

The scale of monetary expansion is central to this view. Over the last 12 months, global liquidity has surged at one of the fastest rates on record.

Central banks across the US, UK, Europe, and Asia have continued accommodative policies, with large fiscal deficits becoming the norm.

These conditions, according to market observers, reduce the purchasing power of fiat currencies and push investors to explore alternatives.

River, a Bitcoin-focused financial services firm, highlighted that those who held BTC from July 2024 onwards have outperformed against money debasement tenfold.

This reinforces the narrative of Bitcoin as a hedge against currency dilution and economic instability.

M2 liquidity per BTC hits record

The ratio of global M2 money supply to Bitcoin in circulation has reached a record level.

According to decentralised finance investor Christiaan, there is currently about $5.7 million in global M2 liquidity per single Bitcoin.

This is the highest ratio in over a decade and is used to illustrate how limited Bitcoin’s supply is compared to the volume of fiat money in the global financial system.

This ratio, sometimes referred to as the liquidity-to-scarcity index, suggests that even modest capital inflows into Bitcoin—whether from institutional investors or sovereign wealth funds—could drive prices sharply higher.

Given the fixed 21 million coin limit, with many lost or illiquid, the supply-demand mechanics remain a central argument in favour of long-term price appreciation.

Retail push and historical trend

Retail investors are also being targeted with simplified messaging. Davinci Jeremie, a popular Bitcoin influencer, posted a video on social media urging viewers to invest just $1 into Bitcoin.

His message, “spend a dollar to change your future,” reflects a broader campaign among Bitcoin supporters to increase grassroots participation.

The psychological framing of Bitcoin reaching $500,000—or even $1 million—is now gaining traction in both retail and institutional circles.

As inflation fears persist, and as tech stocks become increasingly correlated with macro trends, many see Bitcoin as a standalone asset with unique supply properties.

While Bitcoin remains volatile in the short term, these macroeconomic dynamics are positioning it as a long-duration hedge.

The rising M2 supply and systemic debt loads across developed nations continue to lend weight to the idea that digital scarcity may offer long-term protection.

Historical data also supports the current optimism. Over the past decade, Bitcoin has consistently outpaced fiat currency performance during periods of rapid money printing and inflationary risk.

The post Bitcoin at $1M forecast gains ground as money supply heads for $200 trillion appeared first on CoinJournal.

Altcoins today: Solana and Monero at key price levels amid market cooldown

  • SOL reclaims $200 for the first time since February today.
  • XMR targets further gains after rebounding from a vital support barrier at $313.
  • Crypto market cools after recent rallies, but bullish structures remain intact.

Digital coins displayed mixed performances on Tuesday amid bull exhaustion and profit-taking after the latest remarkable rallies.

Ethereum has corrected from yesterday’s peak of $3,854 to $3,640 at press time, while Bitcoin remained range-bound at $118,000.

However, Solana and Monero stole the spotlight among large-cap tokens with notable price movements on their charts.

SOL hit multi-month highs today after soaring past the vital $200, whereas XMR exhibits a bullish outlook after bouncing back from a reliable support zone at $313.

Solana leads today’s rally

SOL emerged as the best-performing token among the top ten cryptocurrencies by value.

The alt has rallied from last week’s low of $158 to an intraday high of $204 today, exploring regions not touched since early February 2025.

With network maturity and demand fueling SOL’s comeback, the digital asset seems set for extended rallies in the near term.

Its total value locked has increased to February levels above $11 billion, while institutions add momentum through Solana strategic reserves and ETF applications.

SOL eyes more uptrends following the latest breakout, with technical indicators setting $300 as the key target.

That would translate to about a 50% surge from its current market price.

Nevertheless, the $190 – $200 range remains vital for SOL’s short-term trajectory.

Intensified profit-booking in this region could delay the projected short-term rally.

Enthusiasts should watch for potential dips to $189 before a decisive closing above $200.

However, prevailing sentiments suggest fewer obstacles in Solana’s upward path.

Monero holds a key support zone

The top privacy token seems prepared for the next leg up despite its weakening momentum.

XMR’s current price of $325 places it well above the crucial support of $313.

This foothold is reinforced by multiple technical indicators, including POC (point of control) and 0.618 FIB retracement.

That makes $313 a vital reversal region. Monero’s bullish structure remains intact if buyers hold this zone.

That could clear the path to the target at $344.

Overcoming this resistance could trigger significant surges if broad market conditions remain favourable.

Crypto market overview

The cryptocurrency space has taken a breather after the latest surges.

The largest assets, Bitcoin and Ethereum, have seen slight dips in the past 24 hours.

However, the market demonstrates stability, indicating a consolidation phase and not a correction one.

Michael van de Poppe highlighted that Bitcoin has collected liquidity with its recent price actions.

However, it remains in a constricted range, awaiting “the actual volatility” that could catalyse sharp gains.

The analyst also warned about possible violent corrections for altcoins as Ethereum isn’t grabbing much liquidity with its ongoing retracement.

Meanwhile, corrections in cryptocurrencies aren’t uncommon, especially after substantial rallies.

Most assets exhibit bullish patterns, hinting at continued rallies.

Institutional interest in Ethereum remains steady as markets brace for altcoin season.

Thus, market players may brace for substantial breakouts after the prevailing cooldown.

Analysts advise traders and investors to explore dip-buying opportunities if the short-term declines intensify.

The post Altcoins today: Solana and Monero at key price levels amid market cooldown appeared first on CoinJournal.

Bitcoin ETF outflows hit $131 million as Ethereum funds add $297 million

  • Bitcoin ETFs saw $131 million in outflows, ending a 12-day inflow streak.
  • Ethereum ETFs gained $297 million, driven by staking yield and regulatory momentum.
  • Portfolio rotation signals growing institutional preference for Ethereum over Bitcoin.

Bitcoin spot exchange-traded funds (ETFs) saw net outflows of $131.35 million on 21 July, marking the end of a 12-day inflow streak and highlighting a shift in investor appetite.

On the same day, Ethereum ETFs attracted $296.59 million in net inflows, extending their own 12-day run and underscoring a broader rebalancing trend in crypto portfolios.

This divergence in flows between the two largest cryptocurrencies comes amid growing institutional interest in Ethereum products, bolstered by evolving regulation and staking-related yield opportunities.

Meanwhile, Bitcoin’s recent price consolidation has prompted profit-taking and portfolio adjustments by funds nearing quarter-end reporting cycles.

Bitcoin ETF holdings fall as inflow streak halts

Following robust gains earlier this month, Bitcoin ETFs began to experience investor outflows for the first time since early July.

Data from SoSoValue showed a net outflow of $131.35 million on 21 July, ending a sustained period of $6.6 billion in cumulative net inflows.

Despite strong trading activity—$4.1 billion in daily volume—major ETFs like BlackRock’s IBIT and Fidelity’s FBTC either posted flat flows or registered minor losses.

IBIT, the largest in the segment with a net asset value (NAV) of $86.16 billion, recorded no new net inflows.

Ark Invest’s ARKB and Grayscale’s GBTC were more impacted, seeing outflows of $77.46 million and $36.75 million, respectively.

The combined assets across all US Bitcoin spot ETFs now stand at $151.6 billion, which accounts for 6.52% of Bitcoin’s total market capitalisation.

The recent downturn suggests that some institutions may be rebalancing holdings or diversifying into other crypto assets.

Ethereum ETF net assets rise to $19.6 billion

In contrast to Bitcoin, Ethereum ETFs recorded their twelfth consecutive day of net inflows on 21 July, led by heavy activity in newly launched and established funds alike.

BlackRock’s ETHA pulled in $101.98 million, while Fidelity’s FETH attracted $126.93 million.

FETH’s NAV has now reached $2.08 billion, while ETHA has posted more than $8.16 billion in total cumulative inflows.

Grayscale’s Ethereum funds saw mixed results.

While one recorded a small outflow, the other posted an inflow of $54.90 million. VanEck and Franklin Templeton also reported new capital entering their Ethereum-based products.

Combined, all Ethereum ETFs now manage $19.6 billion in net assets, representing 4.32% of Ethereum’s total market cap.

Daily trading volumes across ETH ETFs stood at $3.21 billion.

Staked Ether and pending legislation boost ETH demand

Several market analysts attribute Ethereum’s continued inflow momentum to the inclusion of staked Ether in ETF offerings, a feature not available in Bitcoin products.

This allows investors to earn yield while gaining exposure to price action, a model that appears to be resonating with institutional asset managers.

Momentum surrounding the GENIUS and CLARITY Acts in the US Congress has helped bolster Ethereum’s regulatory narrative.

The proposed laws, which are advancing toward a final vote, could enable traditional financial institutions to integrate Ethereum-backed products more easily, supporting their inclusion in diversified portfolios.

The combination of staking yield, regulatory clarity, and consistent inflows has shifted market sentiment in favour of Ethereum—at least in the short term.

The widening gap in ETF flows also reflects a growing divergence in how investors view the strategic role of each asset.

Portfolio rotation points to broader crypto strategy shift

The difference in ETF flows may signal the start of a new allocation trend within institutional crypto investment.

With Bitcoin ETFs showing signs of saturation after their recent rally, and Ethereum ETFs offering yield through staking, portfolio managers appear to be rotating capital based on utility, structure, and evolving regulation.

This shift comes at a time when both asset classes remain under close watch from US regulators and global financial markets.

While short-term fluctuations are common, the data from 21 July suggest that Ethereum is becoming more than just a secondary crypto asset—it is emerging as a standalone category within institutional investment strategies.

The post Bitcoin ETF outflows hit $131 million as Ethereum funds add $297 million appeared first on CoinJournal.

Ethereum price forecast: ETH bull case remains intact despite strategic profit-taking

  • Ethereum price is at $3,640 amid some profit-taking deals.
  • Despite some whales selling, institutional interest remains high and demand is absorbing the dump.
  • Analysts say the ETH bull market remains intact.

Ethereum has retreated slightly from its highs of $3,856 as it dips nearly 4% in the past 24 hours amid some profit-taking moves.

But while the top altcoin changes hands at $3,640 at the time of writing, analysts maintain Ethereum is on a bullish course and that ETH still has room to explode.

ETH sees strategic profit taking

The $4,000 mark remains elusive for Ethereum in 2025, with the highs of $3,856 marking a key peak since the declines from $4,000 in December 2024.

It means Ethereum price has lagged as Bitcoin climbed to multiple new highs.

Selling pressure at current levels alludes to likely struggles in the short term, analysts at Glassnode have noted.

The outlook is down to the Cost Basis Distribution Heatmap of Ethereum, which Glassnode analysts say shows buyers are cashing out gains.

This strategic profit-taking is calculated towards securing profits after ETH posted strong upward moves these past weeks.

Sellers have included whales. Lookonchain shared on X that one whale has sold 8,000 ETH for over $30 million.

Ethereum price forecast: here’s why bull case remains intact

Despite the profit-taking, Glassnode highlights a fascinating scenario with equilibrium emerging.

Notably, data shows new demand is steadily absorbing the supply hitting the market, with selling pressure yet to overwhelm buyer interest.

It’s a resilient market structure for ETH that suggests pullback action is likely to dissipate as bulls take control.

While some whales sell, others have accumulated. Also, institutional holders like SharpLink Gaming have been aggressive.

The company has acquired a massive chunk of ETH in recent weeks.

Helping buyers is overall market sentiment that sees open interest in ETH futures soar to all-time highs. OI currently sits around $58 billion per Coinglass, which indicates interest is elevated.

Ethereum is also sporting gains amid staking explosion, spot ETF inflows and regulatory developments. The ETH spot ETF inflows for Ethereum reached 588,000 ETH last week – higher than recent peak.

Traders will eye potential corrections for buy opportunities, with consolidation in the near term allowing for a retest of key supply zone areas.

On the flipside, sellers may be encouraged by weakening on-balance volume and extended cashing out.

The $3,500 remains important and robust support may be around $3,000.

Yet, the RSI on the daily chart is not overextended as it hovers just below the overbought territory.

The MACD also still boasts a bullish case scenario. The $4,000 threshold is therefore one to watch.

The post Ethereum price forecast: ETH bull case remains intact despite strategic profit-taking appeared first on CoinJournal.

XRP outlook bullish as tokenized RWAs on XRPL skyrocket 2,260%

  • The XRP price is near its all-time high as altcoins see gains.
  • XRP Ledger’s tokenized RWA grew 2,260% in six months, from $5 million to over $118 million.
  • Other metrics and broader market developments add to the bullish outlook for XRP.

Ripple’s XRP trades around $3.50 as it continues to hover near its all-time high, with price up 21% in the past week and over 66% in the past month.

While the overall cryptocurrency bullish sentiment has helped, key network and ecosystem catalysts are emerging, including the XRP Ledger witnessing staggering growth in tokenized real-world assets (RWAs) over the past six months.

XRPL tokenized RWA grows 2,260% in six months

According to the latest report, the XRP Ledger (XRPL) is gaining traction in the tokenized real-world assets market.

In just the past six months, XRPL saw its on-chain RWA value share jump from $5 million in January 2025 to over $118 million by July 2025. This accounts for a notable 2,260% increase, growth that coincides with an explosion in the overall tokenization trend.

Token Relations shared the XRPL data on RWA growth in a recent article on X, noting the sharp increase aligns with the Ripple network’s rising appeal as a tokenized assets platform. High transaction volumes that include a peak of 2.48 billion XRP in daily payments adds to this outlook.

XRPL has attracted RWA integrations from Archax and Abrdn, Guggenheim Treasury Services, and Ondo Finance.  Mercado Bitcoin also plans to tokenize over $200 million in assets on the XRP Ledger, further expanding the platform’s traction.

Assets on-chain on XRPL include U.S. Treasury bills, commercial paper, and money market funds among other traditional financial instruments.

XRP price forecast: Ripple network activity could be key

Tokenized RWAs is not the only metric highlighting XRP’s potential. Other key catalysts have come into play, including network milestones such as the launch of the EVM sidechain and integration of Ripple USD (RLUSD), a stablecoin that’s getting huge adoption calls.

“Since going live, the XRPL EVM Sidechain has seen organic developer adoption, with over 1,300 smart contracts deployed, participation from more than 17,000 unique addresses, and the creation of more than 120 tokens,” Token Relations noted.

The spot exchange-traded fund (ETF) anticipation is also crucial, as is regulatory clarity and Ripple’s settlement of its SEC legal woes.

XRP price has gained amid these developments, with Ripple’s market cap surpassing the $200 billion as XRP hit highs of $3.64. Notably, the cryptocurrency reached its all-time high of $3.84 in 2018 and analysts say this is a milestone bulls are poised to exceed in the short-term.

From a technical outlook angle, XRP shows strong bullish momentum. As institutional interest grows amid a confluence of regulatory clarity and network partnerships, it is clear XRP could target parabolic gains.

The post XRP outlook bullish as tokenized RWAs on XRPL skyrocket 2,260% appeared first on CoinJournal.