Bitcoin Surges Past $118,000 on July 22 as 24-Hour Decline Narrows to 1.2%

On July 22, Bitcoin demonstrated a notable recovery, surpassing the $118,000 threshold as reported by HT Market data. This rebound reflects a tightening in market volatility, with the 24-hour price decline contracting to just 1.2%. Such movement indicates a potential stabilization phase in the cryptocurrency’s trading dynamics, attracting increased attention from institutional investors and traders alike. Monitoring these fluctuations is crucial for market participants aiming to optimize portfolio strategies amid evolving digital asset trends.