RATE Group | Bitcoin Breaks $7,500 Point After a Week of Solid Growth, BTC Dominance Goes Up
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Bitcoin Breaks $7,500 Point After a Week of Solid Growth, BTC Dominance Goes Up

22 Jul Bitcoin Breaks $7,500 Point After a Week of Solid Growth, BTC Dominance Goes Up

Posted at 20:26h in Bitcoin News by

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Crypto markets are experiencing a mix of green and red today, July 22, with some of top 20 altcoins by market cap seeing a slight dip of around 1 percent over the past 24 hours, while Bitcoin (BTC) has reclaimed the $7,500 price point, according to Coinmarketcap.

Following a week of solid upswing, none of the top 20 coins by market cap are up or down by more than about 1 percent, showing relatively static growth.

Market visualization

Market visualization from Coin360

Bitcoin broke the $7,500 barrier today, up about 1 percent over a 24 hour period and trading at $7,516 at press time. The major cryptocurrency is up almost 18 percent this week, having traded roughly $1,000 less on Monday morning, July 16. The coin is also holding its monthly gains of around 21 percent.

Bitcoin price chart

Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index

In contrast, Ethereum (ETH) is seeing a slight decline today, down about half a percent over the past 24 hours to press time. The top altcoin is seeing just 3 percent gains…

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