[LIVE] Bitcoin Back Above $118K After Slight Crypto Dip Yesterday Night: ETH, HYPE, XRP, And Solana Bounce

Bitcoin has surged back above $118,000 after a minor dip yesterday night, showing that the crypto bull run might be in its early phase. This recovery has also positively impacted other major cryptos, including Ethereum, Hyperliquid, XRP, and Solana, which have all bounced.

This rebound comes amidst growing institutional demand and positive market sentiment. Inflows into crypto have increased, and altcoins like Ethereum and Solana are benefiting. Additionally, regulatory developments like the US crypto bills are contributing to the overall bullish trajectory.

Bitcoin is leading, and analysts are eyeing the $120,000 mark as the next significant resistance level. Some are also predicting a potential rally if this threshold is breached.

Capital is flowing from Bitcoin into altcoins and meme coins. Solana, XRP, and Ethereum are major winners as Bitcoin dominance slips.

— Keshav Maheshwari (@withkeshav) July 22, 2025

Ethereum, the second-largest crypto, is priced at close to $3,700. It has also shown resilience, supported by strong ETF inflows and growing adoption in DeFi applications. Market watchers are optimistic about its potential to reach new all-time highs in the coming months.

Major alts like Solana, XRP and HYPE have emerged as stong altcoins. Sol new ETFs, XRP’s resolution of legal challenges, and Hyperliquid innovative approach to decentralized trading have boost these altcoins with utilities.

The crypto market is demonstrating resilience, with Bitcoin and major altcoins rebounding from recent dips. Let’s watch what today brings for them.

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