Global #cryptocurrency market

According to a report by CryptoQuant analyst J.A. Maartun, Binance's crypto futures trading volume reached a six-month high of $2.55 trillion in July. This significant increase follows a month of major price swings in the cryptocurrency market.

The cryptocurrency market is experiencing a significant shake-up, with a sharp sell-off in altcoins over the past few days casting a shadow of doubt over the recent "altcoin season" narrative.

The cryptocurrency market is currently navigating a period of heightened volatility, with Bitcoin (BTC) dipping below the $118,000 USDT mark to trade at approximately $117,960.29.

The cryptocurrency market is demonstrating continued momentum this month, driven by strong signals from digital assets that are gaining traction through meaningful updates and consistent user expansion.

Solana (SOL) has experienced a significant surge over the past week, successfully reclaiming the $160 mark and currently challenging a critical resistance level at $180.

The Litecoin (LTC) price is showcasing impressive strength on the 1-day chart, riding the significant momentum of a broader market rally that is propelling the total cryptocurrency market capitalization closer to the monumental $4 trillion milestone.