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Bitcoin News: Bitcoin Achieves Historic $115,644 Monthly Close Despite Recent Volatility
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#CreatorPad Bitcoin News: Bitcoin Achieves Historic $115,644 Monthly Close Despite Recent Volatility Bitcoin News: Bitcoin ended July at $115,644, recording its highest monthly close in the cryptocurrency's 16-year history. The milestone came despite significant whale movements, including an 80,000 Bitcoin transfer to Galaxy Digital and subsequent sale. Market resilience showed strong buyer support, with quick recoveries following temporary 4% drops from large transactions. The current 2% dip may face further profit-taking as investors monitor Federal Reserve policy and Trump’s tariff plans. Spot Bitcoin ETFs experienced reduced inflows over the past week, shifting from July’s significant institutional buying. Long-term positioning remains strong due to Bitcoin’s scarcity and growing mainstream utility in today’s financial environment.
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