Market Update July 15

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The cryptocurrency market experienced a mixed bag of results over the past 24 hours after a weekend of relative calm, suggesting a potential pause in the recent volatility.

Bitcoin inched up by around 4%. This follows a period of uncertainty fueled by concerns surrounding potential sales from former customers of the defunct Mt. Gox exchange. Analysts believe these worries might have a more significant impact on Bitcoin Cash, another cryptocurrency with ties to Mt. Gox.

Ethereum, the second-largest cryptocurrency by market capitalization, hovered around the $3,300 mark, rising by about 4% over the past day.

Other notable cryptocurrencies like BNB (+4.13%), Solana (+4%), and Dogecoin (+3.66%) also experienced a mix of minor gains.

Bitcoins seems to have positively reacted to Donald Trump’s assassination attempt, as the attack appears to have increased the possibilities of the former US president, who is a digital asset advocate, of winning the elections.