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Bitcoin (BTC), the star of the market

July was a time of celebration for those who own bitcoin (BTC), which, as usual, made everyone smile. The largest cryptocurrency in the world rose about 12% in the month, leading the ranking of the best investments, and skyrocketed an incredible 79% in the last 12 months. It even set a record, coming close to US$ 123 million!

Meanwhile, in the Brazilian stock market, the scenario was quite different — more tears than smiles, with the Ibovespa falling more than 4% in July. In other words: while some cry, others… buy bitcoin!

In the crypto universe, the feeling is that, even with so many uncertainties around the world, regulatory advances in the United States have given an extra boost to digital investors. At the moment I am writing this text, bitcoin is still riding the wave of July, valued at US$ 115.290,19.

But be careful: not everything is a party. Volatility remains high, and it is necessary to have a keen eye, like mothers and grandmothers who choose fruits at the market. It’s no use just chasing the hype; it’s important to analyze calmly.

And stay tuned: next week, we will bring a special analysis of the cryptocurrencies that are gaining strength for August, with fresh data and that touch of humor you already know. Thus, there are plenty of reasons to smile.

Now, check out the selection of reports and special texts that were published in the Crypto Times this week. Being well-informed is the first step to investing better.