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 surged to $63.5K before dropping below $58K, triggering over $320 million in liquidations within our $61-64K target range.
Bitcoin fell as much as 13% to $53.5K on fears of Mt Gox-related sell pressure, sending the Fear & Greed Index to its lowest since 2023.
Bitcoin surged 25% from weekly lows to $65,850 after Germany finished liquidating its remaining Bitcoin holdings.
Bitcoin swung between $63,240 and $68,500 in an uncertain week, as Mt Gox began distributing hacked funds a decade later.
Bitcoin came close to its all-time high but failed to break $70K, dropping 4.5% after the US moved $2 billion in Silk Road BTC.
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