The largest cryptocurrency by market capitalization was recently at roughly $23,350, down slightly over the previous 24 hours. Bitcoin finished its second consecutive positive week, rising more than 13% from its Monday low, at one point topping $24,500 amid hopeful signs the economy was slowing enough for the U.S. central bank to soon consider scaling back interest rate hikes. For July, bitcoin rose over 23%, while ether soared more than 55% to change hands a little under $1,700.
Source: https://www.coindesk.com/markets/2022/07/31/first-mover-asia-btc-dips-below-235k-the-crypto-bear-market-will-test-thailands-sec/?utm_medium=referral&utm_source=rss&utm_campaign=headlines