In the crypto markets, the mixture of green and red are being experienced on July 22, some of the top 20 altcoins in the market cap are seeing a modest dip of about 1 percent in the last 24 hours, while Bitcouine (BTC) is looking at a $ 7,500 price point Recovered, according to the coinmarket.
After one week of boom, none of the top 20 coins by the market cap is above or below 1 percent, which is showing relatively stable growth.
Etherium (ETH) is seeing a slight decline today, in the last 24 hours to press below half a percent. Top altcoin is seeing just 3 percent profit this week, trading at around $ 463.
Total market capitalization is gradually creating momentum, yesterday's data is about 1 percent higher and currently costs around $ 285 billion.
While the total market cap is below intra-high of about $ 300 billion, Biltine's altcoins are growing strongly this week, 3 percent above and currently 45 percent of the amount.
This week, the potential institutional movement has been seen in the crypto space, because the announcement of the huge Black Rock investment was considering the launch of Bitcoin futures.
On Friday, July 20, the Chicago Mercantile Exchange (CME) told that the daily average volume of Bitcoin futures increased by 93 percent in the second quarter of Bitcoin futures and the number of open contracts on Bitcoin futures also increased by 58 percent.
On 20 July, Arthur Hayes, CEO of Bitmax Exchange, suggested that the current bull trend is likely to reach the $ 5000 BTC price point before reaching $ 50,000 in 2018.