Bitcoin Holds Recent Gains Amid a Checkered Market Outlook

July 25: Bitcoin (BTC) is holding its newly won gains, having led the week’s impressive uptick to stay above $8,000. Other leading cryptocurrencies are seeing mixed fortunes, according to data from Coin360.

Reddit co-founder Alexis Ohanian — whose VC firm Initialized Capital was one of U.S. crypto exchange Coinbase’s first investors — said in a fresh interview that the “battle-tested” coin is “certainly the most robust” noting that “as volatile as it’s been...[Bitcoin] continu[es] to go up over the long term

Bitcoin Cash (BCH) is down about 2.5 percent and is trading at $838 to press time, after an intra-day tumble to around $833, according to CoinMarketCap
top 20 coins on CoinMarketCap, crypto exchange Binance’s native token Binance Coin (BNB) — ranked 18th — has skyrocketed almost 10 percent on the day, trading around $13.13 to press time. The token is nonetheless just short of its weekly high at $13.72.

BTC dominance by market capitalization continues to inch upwards, now at 47.2 percent according to CoinMarketCap, after posting its 2018 record-high earlier this week.

(ETH) is trading around $471 at press time, seeing around a 1 percent loss on the day. The top altcoin has seen considerable price movement between its morning peak at $484 and subsequent dip to as low as $464. Ethereum has now lost 4.84 percent on the week, but remains almost 1 percent up on the month.