Market Update July 17

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While some digital assets have enjoyed a surge in value, others have taken a tumble, leaving investors glued to their screens and grappling with the ever-shifting landscape.

The overall market capitalization has seen a positive swing. It’s currently sitting at $2.4 trillion, marking a 3.42% increase from yesterday. This uptick suggests a sense of cautious optimism among investors, with more money flowing into the crypto space.

Bitcoin has experienced a relatively flat performance. Its price hovers around $65,000, representing a change of 3.82% over the last day.

Ethereum, the second-largest cryptocurrency, has also shown some positive momentum. While not a stellar rise, its price has climbed slightly (+3.06%) over the past day, indicating a potential return of investor confidence in the smart contracts platform.

Altcoins have also shown a positive trend. For example, BNB +2.62%, Solana +4.59%, and XRP +12.04%.

The global market volume currently stands at $90.05B.