#CryptoMarket4T 20/7 – Market Update

On July 20, the crypto market recorded slight recovery signals. Bitcoin (BTC) maintained around the $62,800 mark after a sharp decline at the beginning of the week, while Ethereum (ETH) rose slightly to $3,340. Altcoins like Solana (SOL) and Avalanche (AVAX) recorded increases of 3-5%, thanks to expectations of capital returning to the Layer 1 group.

Notably, $LA continues to grow steadily, attracting attention from the community in Vietnam. The stablecoin USDT remains actively traded, reflecting investors' defensive sentiment.

Additionally, information about the spot Ethereum ETF being reviewed by the SEC has also made the market more positive. Trading volume has increased slightly, indicating that capital is returning after a correction phase.

However, investors should remain cautious about fluctuations from macroeconomic news such as inflation and U.S. interest rate policies.