Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20%

Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20%

Bitcoin (BTC) hugged $22,000 on July 19 as macro conditions slowly turned to favor risk assets. 

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Stocks, crypto rise as dollar weakens

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling volatility immediately below the crucial 200-week moving average (WMA).

The Wall Street open saw further gains for United States equities in the face of a declining U.S. dollar, which extended its retracement after hitting its…


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