Weekly Market Update: 22 July 2026
Bitcoin hit a 34-day high of $66,800 despite escalating geopolitical risk. This week: Pump.fun's 20% rally, and why the market shrugged off bad news.
Bitcoin held near $85,000 as markets braced for tariff news, capping BTC's worst Q1 performance since 2018.
Bitcoin rose 5.5% toward $90K as easing geopolitical tensions and a steady Fed decision improved market sentiment.
Bitcoin consolidated near $113K as volatility returned after its all-time high, with investors weighing a healthy reset against a deeper correction.
The total crypto market cap hit a new all-time high of $4.2 trillion as Bitcoin and Ethereum closed in on their own record levels.
Bitcoin and Ethereum traded sideways as BTC dominance held near 60-61.5%, a historically key zone for the next phase of capital rotation.
Bitcoin ranged $115K-$119K ahead of the Fed rate decision, with markets more focused on Powell's tone than the near-certain no-change outcome.
Bitcoin held near $118K as ETH hit a 2025 high of $3,800 and XRP set a new all-time high of $3.60, with Bitcoin dominance finally breaking down.
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