Binance Daily Market Update – July 16, 2025
📊 Market Highlights
Bitcoin is consolidating just under $118K after a modest +1% uptick amid renewed institutional interest, currently hovering near $118.2K .
Ethereum has jumped ~6% to around $3,160–$3,160+, spearheading altcoin momentum and possibly indicating the onset of a fresh cycle .
Altcoins like Dogecoin (+4%) and XRP (+3%) are also seeing upward movement, as overall market sentiment shifts positive across the board .
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