Market Update July 22

Market updates
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The cryptocurrency market experienced a relatively calm day with most major coins showing slight increases over the past 24 hours. Bitcoin inched up by around 0.55%, currently hovering around $67,290. This follows a period of higher volatility, with Bitcoin briefly reaching over $68,000 before retreating slightly.

Ethereum also saw modest gains, rising by around 0.33%.Other prominent coins like Binance Coin (BNB) and Solana (SOL) mirrored this trend with small increases. Stablecoins like Tether (USDT) and USD Coin (USDC) maintained their pegs to the US dollar, with minimal price fluctuations.

However, there were a few exceptions to the overall trend. XRP, a coin associated with Ripple Labs, experienced a more significant rise of more than 13% over the past 7 days.

Ethereum ETFs are expected to begin trading on CME tomorrow, so there might be some price movements ahead for the second largest crypto by market cap.

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