Bitcoin ended July 2026 with nearly a 10% gain, briefly surpassing $65,000, but historical data and technical analysis warn of a significant price drop in August. Historically, August has been Bitcoin's worst month during its four-year macroeconomic cycle, with average losses around 13.6% in similar periods. Current market conditions, including stalled U.S. crypto regulation and high interest rates, further pressure Bitcoin's price. Investors should prepare for a potential downturn following July's strong rebound.
Bitcoin dropped 1.3% to around $63,870 and Ethereum fell 1.4% to about $1,890 as crypto markets faced pressure at July's end. This decline contrasts with gains in traditional markets like South Korea's Kospi and U.S. stock futures. Bearish signals fr...
Bitcoin gained about 10% in July, consistent with relief rallies seen in previous midterm election years like 2018 and 2022. Crypto analyst Benjamin Cowen warns that this rally may be temporary, with a potential pullback expected in August or Septemb...
Bitcoin and Ethereum are flashing bearish signals as analysts warn that if key support levels fail, Bitcoin could drop to $60,000 and Ethereum to $1,686. Bitcoin recently fell below important moving averages after a large hardware wallet drain, with ...
As July ends, Bitcoin options data shows a shift toward bearish bets for August, with $60,000 put options leading at $1.17 billion open interest. This contrasts with earlier bullish bets on $70,000 and $72,000 call options that lost popularity after ...
Bitcoin and ether prices fell slightly on the last day of July, diverging from strong equity gains in Asia and U.S. futures. Despite this, the broader crypto market, represented by the CoinDesk 20 Index, is set for its biggest monthly gain since July...
