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July 16, 2025 Crypto Rundown: Market Volatility, Bitcoin’s Surge, and Altcoin Drama
July 16, 2025 Crypto Rundown: Market Volatility, Bitcoin’s Surge, and Altcoin Drama
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Crypto markets whippedaw today as Bitcoin punched through resistance levels—while memecoins bled out like overleveraged hedge funds.
Bitcoin Defies Gravity (Again)
BTC rallied 8% to $68K, eating shorts for breakfast. Institutional inflows hit $420M daily—BlackRock's ETF now holds more coins than MicroStrategy.
Altcoins: Blood in the Streets
Ethereum gas fees spiked to $45 as a degenerate NFT drop clogged the chain. Meanwhile, SOL dipped 12% after validators started dumping stakes—proof-of-stake meets proof-of-bagholding.
Regulatory Sideeye
The SEC delayed another spot ETF decision (shocking), while a Hong Kong exchange folded faster than a Celsius withdrawal request.
Bullish? Bearish? Either way—the casino stays open 24/7.
The crypto space continued to trade actively today with a 24-hour volume of $203 billion. Bitcoin dominance remains at 61.7%, with ethereum retaining 9.95% of the market. In the meantime, the Crypto Fear and Greed Index fell to 68 from yesterday's reading of 70... Read More
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