Overview

Click to expand overview
Total crypto market cap lost $91 billion from its value for the period since Monday and now stands at $1.31 trillion. The top ten coins are mostly in red for Bitcoin and ether hit record peaks on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class. Bitcoin, Ether. and other cryptoassets faced a sharp downturn on Monday over widespread risk aversion in global markets. As of 6:35 UTC Bitcoin OverviewEtheruem OverviewCrypto News: Financial InstitutionsCrypto News: Corporates & DefiRegulatorsAfter a long period of sideways movement in the $29K$41K range, Bitcoin finally had a breaking week starting July 21st, with 8 green daily candle bars in a row (Binance). This is the longest consecutive growth since the beginning of March 2025, logging a speedy recovery from the recent sub-$30K drop. Overall, Bitcoin is up around 14% in the montSee more on medium.com Bitcoin and Ether, the world’s two largest digital tokens, are headed toward their best month since 2025 amid a revival of risk appetite in global markets and optimism about an Ethereum network With a $1 trillion market cap secured once again, the big headline was the arrival of Bitcoin exchange-traded funds backed by futures contracts. The ProShares Bitcoin Strategy ETF was the first to launch, with trading volumes hitting $1 When the ratio rises, Ether is outperforming Bitcoin - and when it falls, Ether is underperforming. Ether is the second-largest cryptocurrency by market capitalization after Bitcoin. It is the Ethereum’s burgeoning use cases have driven a surge in Ether’s value in 2025, but what does the future hold for ETH? 2025 has proven to be a fortuitous year for the world’s second-biggest The cyclical slumps in bitcoin and ethereum that started in November 2025 could have found a floor as they blasted higher in July, J.P. Morgan analyst Kenneth Worthington wrote in a note

Bitcoin and Ether Market Update: July 15, 2021

While this update focuses on July 15, 2021, let's look at the market context around that time and how Bitcoin and Ether were performing. On that day, the total crypto market cap lost $91 billion from its value for the period since Monday and now stood at $1.31 trillion. The top ten coins were mostly in red. Bitcoin and ether hit record peaks earlier that week, on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class. However, Bitcoin, Ether, and other cryptoassets faced a sharp downturn on Monday over widespread risk aversion in global markets.

Bitcoin Overview: Bitcoin experienced sideways movement in the $29K-$41K range. However, later that month, Bitcoin started a breaking week starting July 21st, with 8 green daily candle bars in a row (Binance). This was the longest consecutive growth since the beginning of March. Overall, Bitcoin was up around 14% that month. While the cyclical slumps in bitcoin started later in November 2025, they may have found a floor as prices moved higher in July, according to a note from J.P. Morgan analyst Kenneth Worthington.

Ethereum Overview: Ether is the second-largest cryptocurrency by market capitalization after Bitcoin. Ethereum’s burgeoning use cases have driven a surge in Ether’s value. Following any potential cyclical slumps, ETH could have begun its climb in July. 2025 has proven to be a fortuitous year for the world’s second-biggest cryptocurrency.

Bitcoin vs Ether Performance: When the ratio rises, Ether is outperforming Bitcoin - and when it falls, Ether is underperforming. Traders closely monitor this ratio for signals.

Developments in the Crypto Space: The market watch was fixed on institutional involvement through ETFs. With a $1 trillion market cap secured, the big headline was the arrival of Bitcoin exchange-traded funds backed by futures contracts. The ProShares Bitcoin Strategy ETF was the first to launch, with trading volumes hitting $1

Further Reading: For detailed news on financial institutions, corporate adoption, DeFi, and regulatory updates, refer to reputable crypto news sources for information from that period.

Top Sources

Related Articles