🌟 Hot July for cryptocurrencies: The month became record-breaking amid active investor interest, as the total market capitalization exceeded $4 trillion. Bitcoin ($BTC) updated its all-time high, reaching just above $123,000, marking a significant increase of 8.13% for the month.
According to analysts, among the leaders of growth was Ethereum ($ETH), which surged by 50% and closely approached $4,000. All of this occurred against the backdrop of institutional demand and expectations of a decrease in the Fed's key rate in the coming months, which once again attracted attention to crypto investments.
The demand for mining also saw no decline — in Russia, the size of computing power increased by 40-50%. This, combined with the recovery of the ruble and the growing historical highs of Bitcoin, further stimulates interest in cryptocurrency technology.
🚀 Stay vigilant in a volatile market! However, do not forget that investments in cryptocurrencies can be associated with high risks.
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