Weekly Market Highlights #5: 25th July - 31st July
bscs.substack.com
✨Over the past week, the crypto market increased ~$80B (from ~$1010B to ~$1090B) of its total capitalization ✨Bitcoin attempted another leg up resulting in a new multi-week high at nearly $25K. Bullish price movements came when President Joe Biden said the US had not entered a recession despite the two consecutive negative quarters. The reassurance, whether true or false, pushed BTC north, and the asset spiked to $24,5K on Friday - becoming the highest level the asset has seen since June 13.
Weekly Market Highlights #5: 25th July - 31st July
Weekly Market Highlights #5: 25th July - 31st…
Weekly Market Highlights #5: 25th July - 31st July
✨Over the past week, the crypto market increased ~$80B (from ~$1010B to ~$1090B) of its total capitalization ✨Bitcoin attempted another leg up resulting in a new multi-week high at nearly $25K. Bullish price movements came when President Joe Biden said the US had not entered a recession despite the two consecutive negative quarters. The reassurance, whether true or false, pushed BTC north, and the asset spiked to $24,5K on Friday - becoming the highest level the asset has seen since June 13.