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 pushed past $97,500 as positive trade talk sentiment and safe-haven demand both lifted the price despite fresh geopolitical tension.
Bitcoin rebounded 16.3% from a $61,000 low to surge past $71,000, hinting at a potential return to price discovery.
Bitcoin traded between $65,000-$71,000, down 6.5% on the week, as markets watched the approaching halving just 17 days out.
Bitcoin climbed from $65,000 support to above $72,000, triggering over $121 million in short position liquidations.
Bitcoin held up relatively well, down 7.6% on the week, as the Israel-Iran conflict escalated and rattled global markets.
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