Bitcoin rose in July amid crypto crash

Published by
City AM

By Hamza Fareed Malik In association with Luno Bitcoin has continued to establish itself above $20k this week, with the price hitting highs of more than $24k over the weekend. It’s since dropped back slightly, broadly staying in a zone between $22-23k as economic and geopolitical concerns continue to negatively impact traditional and crypto markets alike. On the whole, July was a good month for Bitcoin, finishing up 17 per cent – a significant improvement on June’s 40 per cent drop. It marked the best month of the year so far for the largest cryptocurrency by market capitalisation, and the hig…

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