Crypto Market Soars: Bitcoin Drives 13.3% Growth in July, Fueled by Institutional Investment

July saw the cryptocurrency market experience robust growth, with total market capitalization soaring by 13.3%. This surge was largely driven by Bitcoin’s price rallies throughout the month, which attracted increased institutional interest and led to a shift in market dominance. Altcoins also performed strongly, capturing nearly 40% of the total market share, signaling changing investor sentiment.