Market analysis for today

🔝 Top Crypto Highlights

• Bitcoin (BTC) is hovering around $118.2K, down ~0.7% today but anchored near $117K support with intraday resistance around $119K–$119.1K.

• Ethereum (ETH) trades at $3,644, easing off about 3.6% intraday, wavering between $3,635–$3,850.

• BNB sits near $757.85, off 0.7%, with a tight range of $748–$780 for the day.

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🌐 Global Crypto Market Snapshot

• Total crypto market cap: between $3.9T–$4.0T, down about 4–6% in the past 24 hours, per CoinGecko, TradingView, and CMC .

• Bitcoin dominance: ~60–61%, slightly up—signaling capital rotation back from altcoins  .

• Crypto Fear & Greed Index: around 72 (Greed)—suggests bullish sentiment, but caution for a possible pullback .

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📰 Key Catalysts & News

1. GENIUS Act & U.S. Pro-crypto Legislation:

• Crypto market cap recently surged to $4T following stablecoin regulation under the new GENIUS Act and additional bills—a positive macro tailwind  .

2. Institutional Inflow Trends:

• Record $4B+ net inflows into crypto ETFs driven largely by retail—institutions still represent under 20% of total ETF holdings .

3. BTC Near All-Time Highs:

• Bitcoin hit a fresh ATH above $123K during the recent rally tied to U.S. regulatory optimism  .

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🔍 What to Watch Today

Factor Why It Matters

$117K–$119K BTC Range A break above $119.1K may fuel further momentum; a drop below $117K could trigger short-term retracement.

ETH at $3.6K Support Watch for oversold bounce or further down moves toward $3.5K.

BDN Legislation Flow Continued regulatory support could maintain bullish sentiment.

Fear & Greed = 72 Positive mood, but high greed often precedes corrections—mind risk management.

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💡 Engagement Prompt for Binance Square

“🚀 Crypto Market Update — July 22, 2025 🚀

• 🟢 BTC: $118.2K (–0.7%)

• 🟢 ETH: $3,644 (–3.6%)

• 🟢 BNB: $758 (–0.7%)

• 🌍 Total market cap: ~$3.95T (–5%)

• 📈 Fear & Greed Index: 72 (Greed)

What do you think?

• Will BTC break through $119K or test lower?

• Is ETH due for a rebound near $3.5K?

• How are you positioning amid greed‑driven sentiment? $BTC $ETH $