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Ren reddington 5566
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Ren reddington 5566
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Bitcoin records it's highest monthly close in history at $115644 despite 2% dip. Bitcoin ended last July at $115644, its highest monthly close in history. Bitcoin's all-time high monthly close despite notable whale movements in July shows its resilience. Bitcoin ended July at a price of $115644 recording its highest monthly close in its 16- year history.Thus the world's largest cryptocurrency dropped 2.34% in the past 24 hours. Bitcoin closing up the month at an all time high of [$115644] is more than just a headline figure, it's a reflection of the market's resilience and growth maturity. The bitcoin price held steady despite significant whale movements in July including the 80000 BTC move to galaxy Digital and subsequent sale.The sale momentarily caused the cryptocurrency to drop 4%, but the market quickly absorbed the impact and led bitcoin to a rebound . That level of recovery shows there's now a solid foundation ready to step in, underscoring confidence in Bitcoin as an asset. Bitcoin is holding its ground in the face of macro uncertainty and increased institutional involvement . Meanwhile bitcoin currently in a 2% dip, may face further profit taking as investors look to macroeconomic factors including the federal reserve, Trump's future tariffs plans and ETF flows. #bitcoin
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Ray Dalio, billionaire founder of Bridgewater associates, gave a soft recommendation for investors to keep 15% of their money in bitcoin on CNBC's master investors podcast on Sunday. "If... you were optimising your portfolio for the best return to Risk ratio, you would have 15% of your money in gold or bitcoin ," said Dalio who earned his fame as an investor for managing what was for many years the world's largest hedge fund. The issue is devaluation of money by governments mostly through debt accumulation. In times of crisis these long-term currencies like gold and bitcoin act as "an effective diversifier," he noted. #Bitcoin $BTC
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Ethereum seems to not wanna be left behind as it accumulates 1.26million Eth since june-about 1% of all Eth in circulation. At this rate the Eth treasury holdings could grow ten fold to 10%of the total Eth supply surpassing bitcoin treasury companies current 4.4% share of BTC supply.#Ethereum
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$BTC With the increase in bitcoin treasury capital to 166 BTC equivalent to $19 million the bitcoin is assuring us of its commitment as a reserve asset hence our increased confidence in the safety of our investments.we made the right choice and will continue making it for a better future,..#secure
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