Bitcoin (BTC) Price Today - July 22: BTC Surges to 1-Month High of $68,000 as Joe Biden Announces Withdrawal from US Presidential Election Run

The world's oldest and most valued cryptocurrency briefly rose above the $68,000 mark early Monday, before settling at around $67,000.

Bitcoin (BTC) price rose on Monday morning as chances of pro-crypto candidate Donald Trump’s win in the upcoming US Presidential election improved after President Joe Biden announced his withdrawal from the run. The world’s oldest and most valued cryptocurrency briefly rose above the $68,000 mark early Monday, before settling at around $67,000.

Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of gains and losses across the board as the overall Market Fear & Greed Index stood at 64 (Greed) out of 100, as per CoinMarketCap data.

The Avalanche (AVAX) token emerged to be the biggest gainer, with a 24-hour jump of over 13 percent. Arweave (AR) became the biggest loser, with a 24-hour dip of over 5 percent.

Here’s a look at the prices of the top cryptocurrencies at 9:30am on Monday, July 22, as per CoinMarketCap:

RankCryptoPrice24 Hour % Change7 Day % Change

1Bitcoin (BTC)67,777.961.08▲ 13.67

2Ethereum (ETH)3,508.650.12▲ 3.83

3Tether (USDT)1.00010.00▲ 0.01

4Binance Coin (BNB)320.070.60▲ 10.23

5Dogecoin (DOGE)0.14087.46▲ 31.63

6Ripple (XRP)0.5955-0.94▲ 6.33

7Cardano (ADA)0.71060.09▲ 10.07

8Solana (SOL)180.824.43▲ 20.07

9Polkadot (DOT)20.080.23▲ 10.60

10Polygon (MATIC)0.98740.11▲ 13.17

Top Crypto Gainers Today (July 22)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

1. Avalanche (AVAX)

Price: $32.6624-hour gain: 13.10 percent

2. Helium (HNT)

Price: $5.0524-hour gain: 11.99 percent

3. Celestia (TIA)

Price: $7.3224-hour gain: 10.07 percent

4. dogwifhat (WIF)

Price: $2.7624-hour gain: 8.68 percent

5. Dogecoin (DOGE)

Price: $0.14124-hour gain: 7.79 percent

Top Crypto Losers Today (July 22)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

1. Arweave (AR)

Price: $32.8124-hour loss: 5.27 percent

2. Worldocin (WLD)

Price: $2.5024-hour loss: 3.99 percent

3. Brett (Based) (BRETT)

Price: $0.143224-hour loss: 3.90 percent

4. Notcoin (NOT)

Price: $0.0156624-hour loss: 3.48 percent

5. Immutable (IMX)

Price: $1.6224-hour loss: 2.67 percent

Crypto Exchanges On Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has bounced back to the $68,000 mark as market participants show optimism about Donald Trump's potential election win. BTC is now eyeing the $70,000 level, signalling a continued positive sentiment. However, bears are likely to challenge this advance in the $70,000 to $73,000 range. Bitcoin's strength has also led to a recovery in several altcoins. Additionally, the market may get another boost from the launch of Ethereum ETFs, which are expected to start trading on July 23.”

CoinSwitch Markets Desk noted, “Bitcoin (BTC) surged to a one-month

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