#Binance Are you going to invest in crypto in July? Check out the 6 strongest bets on the market.
Bitcoin (BTC) had a lukewarm performance in June, even in the face of geopolitical tensions in the Middle East. The cryptocurrency closed the month up just over 2%, below the main stock indexes in the United States, which rose between 4% and 6%.
Despite the slower pace, BTC's stability – something unthinkable until recently – is seen as a sign of the asset's maturity. The constant inflow of institutional capital, especially via spot ETFs in the US, maintains the market's optimism. Of the 11 firms consulted for the report, 7 recommend keeping Bitcoin in July's portfolios.
“Bitcoin, consolidating its position as ‘digital gold’, should perform well this month, driven by continued robust capital inflows via US spot ETFs, with these products recording a net inflow of over US$4 billion during the first three weeks of June,” said Rony Szuster, head of research at MB.
Among the altcoins, there were changes compared to the previous month: Uniswap (UNI) left the recommendations, giving way to XRP (XRP) and Sei (SEI). Below, check out the most recommended tokens for July – only those that appeared in at least two different portfolios were listed.
Always study the market before any investment.
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