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The cryptocurrency market witnessed notable movements today, Sunday, July 20, 2025, as several currencies recorded significant increases supported by investor activity and growing confidence in the markets:
The Hype coin achieved a strong rise, reaching a price of $49.85, approaching the $50 barrier, with a trading volume increase exceeding 15% in recent hours. This increase is attributed to rising demand and institutional support, as well as the expansion of platforms supporting the trading of the currency, reflecting increasing confidence among individual and institutional investors.
Ethereum rose by 1.71% today, recording $3,643, continuing its positive performance, amid a noticeable trend among traders towards alternative coins (Altcoins), as interest in Bitcoin temporarily declines.
Despite its dominance in the crypto market, Bitcoin fell today by 0.27% to $117,871, with a decrease in trading volumes, indicating a shift in part of the liquidity towards other rising currencies.
Other notable currencies such as Binance Coin and Cardano recorded slight increases, while Ripple and Dogecoin saw limited declines.
This activity demonstrates a shift in liquidity from some investors towards alternative digital currencies in search of higher profit opportunities, while continuing to monitor institutional momentum and the expansion of the use of these assets across new trading platforms, which supports the current upward waves and enhances confidence in the digital market overall.