• Bitcoin experiences healthy consolidation below $118,000 after recent highs near $123,000.

• Solana leads altcoin performance with impressive 8.53% daily gain.

• NFT market cap surges 21% amid renewed investor interest.

• Ethereum maintains strength above $3,700 despite minor daily decline.

The cryptocurrency market is displaying mixed signals today, with the total market capitalization experiencing slight volatility as digital assets navigate between consolidation and growth phases. According to CoinMarketCap data, Bitcoin has retreated from its recent highs above $118,000, while several altcoins are posting impressive gains, led by Solana's remarkable 8.53% surge. The global market cap is up by 1.24%  to $3.92 trillion as of 9.35 AM on July 22, 2025.