Market

On July 18, BTC topped $120,000 again, but BTC dominance slipped further to 61.2% and has fallen back more than 4% since July, giving altcoins an upside opportunity. ETH performed strongly, the price broke through $3,600, the short-term moving average was in a bullish arrangement, the volume was amplified synchronously, the MACD appeared a golden cross, the momentum strengthened, and the ETH dominance rate rose again, tentatively at 11.1%. Most of the mainstream altcoins rose, and the market risk appetite increased significantly, but there was no collective rise in the sector. SGD ERA has performed eye-catchingly, rising more than 80% in the past 24 hours; CROSS IS UP MORE THAN 70% AND VELVET IS UP 30%. (Click to view the full article)