🪙 In July, the implied volatility of Bitcoin decreased to its lowest levels since October 2023. Network activity also fell to a minimum level for this period.
The decline in indicators occurs against the backdrop of increased demand from institutional investors.
The total inflow into American spot Bitcoin ETFs approached $50 billion — the funds hold a total of $137.6 billion in cryptocurrency. Just in June, public companies bought approximately 65,000 BTC worth about $7 billion. The total number of enterprises that formed reserves in digital gold reached 255.
