Significant events in the crypto world in the past 24 hours

Ethereum's market value surpasses Johnson & Johnson: Ethereum's market value has risen to 30th place in the global asset ranking, demonstrating its continued market influence.
Institutional investor interest is growing: Bitcoin prices have been driven by optimistic sentiment surrounding increased institutional adoption, recently nearing $120,000.
The cryptocurrency legislation backed by Trump has made progress, with the U.S. ETF tracking Ethereum setting records for fund inflows and trading volume.
On July 18, local time Thursday, the U.S. House of Representatives passed three cryptocurrency-related legislations: the CLARITY Act, the GENIUS Act, and the anti-CBDC surveillance state act. The CLARITY Act and the anti-CBDC surveillance state act will be sent to the Senate for review. The GENIUS Act is expected to be officially signed into law by Trump on Friday local time.
U.S. President Donald Trump plans to sign an executive order allowing 401(k) retirement accounts to invest in alternative assets such as crypto, gold, and private equity. This move aims to open up the $9 trillion pension market to a broader range of alternative assets. The executive order requires regulators to assess the related barriers and consider establishing a "safe harbor" mechanism for retirement plan managers to reduce legal risks.