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Why is crypto going up? Markets regain optimism after Crypto Week seetback.

Crypto prices rebounded despite a major legislative setback for key bills intended to bring clarity to the industry.

Crypto markets regained bullish momentum on Wednesday, July 16, with Bitcoin (BTC) rising 2.3% to trade at $118,900. The overall crypto market cap increased by 1.39%, while major altcoins posted even larger gains. The top 100 crypto assets rose 3.51%, with Ethereum (ETH) leading the charge, up 9.77%.

Top altcoins like Solana (SOL) and Dogecoin (DOGE) also saw significant gains, up 6.25% and 7.23% respectively. What is more, smaller memecoins were among the top gainers. Pepe (Pepe) was up 11.42% while Bonk (BONK) gained 22%. The top performer was the memecoin SPX6900 (SPX), up 24.7% over 24 hours.#Write2Earn #AltcoinSeasonLoading #ArbitrageTradingStrategy #TradingStrategyMistakes $BTC $ETH $BNB