23 JUL, 2022

Cryptocurrency Price Today: Bitcoin Near $23,000

The global cryptocurrency market, despite its overall rally through the week, fell slightly on Saturday, July 18, even as it held it’s $1 trillion mark.

This was due to an overall loss incurred by major cryptocurrencies including Bitcoin, Ethereum, Solana and Dogecoin.

The crypto market cap was standing at $1.05 trillion on the day, which is a 0.83 per cent decrease over the past 24 hours.

"Also though the week began on a bit bearish note, the energy selected up greatly mid-week, taking most cryptocurrencies up," stated Edul Patel, CEO and also founder of Mudrex.

Bitcoin price today dropped 1.06 percent over the last 24-hour to stand at $22,896.23 based on information from CoinMarketCap. 

While composing this short article, as traders birthed the force of Tesla selling 75 percent of its holdings of the crypto coin. 

However, the belief over Bitcoin boosted additional and also reached its highest since April this year, analysts said previously today.

"Bitcoin has actually rallied from US$ 20,000 on Monday to above US$ 23,000 on Friday. 

In spite of the crypto sliding a bit after Tesla announced it had marketed 75 percent of its BTC holdings.