Bitcoin has exceeded $22,000 for the first time since mid-June
Bitcoin has grown by more than 13% in a week. On Friday, July 8, the BTC exchange rate exceeded $22,000 for the first time since mid-June.
However, the coin could not hold its position, and during the European session it rolled back to $21,392. The capitalization of bitcoin has exceeded $408 billion.
Ether (ETH) and Binance Coin (BNB) strengthened by 2% to $1,210 and $237.18, respectively. Most altcoins are trading in different directions today.
XRP and Dogecoin rose to $0.346 and $0.0689. Cardano (ADA), Solana (SOL) and Polkadot (DOT), on the contrary, are retreating. These coins fell to $0.465, $36.61 and $6.97. The capitalization of the crypto market at the time of publication of this review was just over $ 939 billion.
Jared Madfes of Tribe Capital believes that cryptocurrencies may be in the correction phase again tonight. The exit of capital from risky assets will increase if information about an increase in inflation is published in the United States today.
Many institutional investors are still skeptical.
The American economy is in a very difficult situation, and it is unlikely that financial institutions will now want to take risks and invest in the technology sector, including the cryptosphere, the expert stressed.
https://coin-signal.com/cryptonews/bitcoin-has-exceeded-22000-for-the-first-time-since-mid-june/
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