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 held above $70K after the Ethereum spot ETF approval news, dipping 2.1% amid continued Mt Gox-related selling activity.
Bitcoin rose 4% to reclaim $70K after last week's Mt Gox-driven pullback, with $80K now seen as an achievable near-term target.
Bitcoin failed to break $72K resistance and fell as low as $66K, down 8.4% from its weekly high, in typical post-halving volatility.
Bitcoin dipped sharply to $64,000 in a broad crypto downturn, with heavy long positioning clustered in the $61-64K zone.
Bitcoin dipped 10.7% to $58.5K before rebounding into our anticipated $61-64K support range, as altcoins outperformed BTC.
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