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[LIVE] Crypto News Today: Latest Updates for July 23, 2025 – BNB Hits New ATH Above $800, Flips SOL in Market Cap

2025-07-23 04:22:42

[LIVE] Crypto News Today: Latest Updates for July 23, 2025 – BNB Hits New ATH Above $800, Flips SOL in Market Cap

Main Idea

BNB reaches a new all-time high above $800, surpassing Solana in market cap, while Bitcoin spot ETFs experience a net outflow of $68 million.

Key Points

1. Binance Coin (BNB) breaks past $800, setting a new all-time high and surpassing Solana (SOL) in market capitalization.

2. Bitcoin (BTC) trades at $118,600, up 1.3% over the past 24 hours, and Ethereum (ETH) holds steady above $3,700.

3. Meme coin Pudgy Penguins (PENGU) surges over 40% in the past week.

4. Bitcoin spot ETFs record a net outflow of $68 million on July 22, with Grayscale’s GBTC as the only fund with net inflows.

5. Grayscale’s GBTC adds $7.51 million despite a cumulative outflow of $23.53 billion.

Description

Binance Coin ( BNB ) has broken past the $800 mark for the first time, setting a new all-time high and surpassing Solana ( SOL ) in market capitalization. The surge comes amid a broader crypto market rally, with Bitcoin ( BTC ) trading at $118,600, up 1.3% over the past 24 hours, and Ethereum (ETH) holding steady above $3,700. Meme coin Pudgy Penguins (PENGU) continues its momentum, soaring over 40% in the past week and gaining another 21% in the last 24 hours to trade at $0.04512. But what else...

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