Best Monthly Gains since October 2021
Bitcoin closed-out July up nearly 17% – now to see where we go now that August is here
Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
“In terms of Bitcoin’s July performance, things could have been a lot worse.
After June saw losses of nearly 40%, BTC/USD managed to close out last month with respectable 16.8% gains, according to data from analytics resource Coinglass.
While those gains at one point passed 20%, July’s tally nonetheless remains Bitcoin’s best since October 2021 — before the latest all-time highs of $69,000 hit.
With solid foundations in place, the question among analysts is now if and how long the party can continue.”