Market Update July 19

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The cryptocurrency market experienced a mixed bag of results over the past 24 hours. While some major coins like Bitcoin saw modest declines, others remained relatively flat.

Bitcoin, the world’s leading cryptocurrency, dipped slightly by around 1.5% in the last day. Its current price sits at around $63,635 according to CoinDesk. This comes after a recent week of positive gains for Bitcoin, which had risen over 12% compared to the previous week.

Trading activity for Bitcoin has also softened, with daily volume down by roughly 16%. This suggests a potential decrease in market volatility, at least in the short term.

Regarding other coins, Ethereum has fallen by 1.27% over the past 24 hours, while BNB -0.87%, Solana +1.48%, XRP -6.14%, Toncoin +1.03%, Dogecoin -2.40%, and Cardano -5.07%.

The total crypto market cap stands at $2.34T.

Overall, the sentiment in the crypto market appears to be cautious. Investors may be waiting for clearer signals before making significant moves.