Bitcoin Dominance Hits 58.27% as XMR Rises and Humanity Plunges 80%

Bitcoin Dominance Hits 58.27% as XMR Rises and Humanity Plunges 80%

N
News Editor 01
2026-07-22 19:00:13
Crypto markets stayed in extreme fear, with Bitcoin dominance at 58.27%. NIGHT, DEXE, and XMR posted gains, while BCH and POL fell. Humanity collapsed 80.02% after a private key compromise triggered major wallet drains.
BitcoinMoneroPolygonHumanityCrypto Market

Crypto markets showed a sharp split in performance. The Fear and Greed Index stood at 16/100, keeping sentiment in extreme fear, while Bitcoin dominance climbed to 58.27%. The Altcoin Season Index was 47/100, a sign that the market still leaned toward Bitcoin rather than a broad altcoin rotation. The source also pointed to institutional accumulation in large-cap assets, noting that MicroStrategy bought 1,550 BTC and BitMine added 25,000 ETH.

Winners were driven by token-specific catalysts

Midnight (NIGHT) traded at $0.03219, up 7.56% over 24 hours and 17.25% over seven days. The move was linked to low-cap altcoin rotation and a rebound after long liquidations last week. The report also said Google- and Vodafone-backed mainnet validators added credibility to the project.

DeXe (DEXE) changed hands at $21.98, gaining 4.1% in 24 hours and 21.84% over seven days. Trading volume jumped 88%, and Santiment data showed new wallet creation reached a three-month high. According to the source, DEXE’s advance came from technical momentum and capital inflows rather than any single announcement.

Monero (XMR) rose to $322.29, up 5.6% on the day, though still down 7.56% over the week. Two developments were cited: an AI-powered audit of Monero’s privacy code announced by a security researcher, and technical interest around the Carrot testnet upgrade with Full Chain Membership Proofs. The source also said the EU confirmed that ZEC-style bans do not apply to the XMR protocol itself.

Losers faced heavy selling and a security breach

Bitcoin Cash (BCH) fell to $208.18, down 5.62% in 24 hours and 28.01% over seven days. Volume surged by more than 250% as sellers exited near the $200 support area. The report described the move as capitulation-like selling and linked broader pressure to Bitcoin ETF outflows weighing on altcoins.

Polygon (POL) dropped to $0.07710, losing 2.28% on the day and 16.79% across seven days. The article framed POL as a macro casualty rather than a token hit by project-specific negative news. It mentioned Revolut’s U.S. banking plans on Polygon rails and the push to position Polygon as a stablecoin settlement layer, but said those developments had not translated into price support.

Humanity (H) saw the steepest fall, trading at $0.1455 after an 80.02% daily drop and an 81.49% seven-day decline. This was tied to a security incident, not a routine market sell-off. The source said a foundation member’s private key was compromised, leading to major wallet drains. Founder Terence Kwok confirmed the hack and warned users to avoid the bridge and staking pools. On-chain analysts also flagged large outflows from a wallet labeled as team-linked. With staking already live and 20 million H tokens set aside for rewards, the timing added pressure. Trading volume climbed 131% to $528 million.

Bitcoin remained the center of market positioning

The session showed that gains in NIGHT, DEXE, and XMR came from token-level narratives and technical triggers, while BCH and POL were pulled lower by ETF outflows and a risk-off setup. Humanity was a separate case shaped by a direct security failure. The source also noted that funding rates stayed negative, showing traders remained net short overall.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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