Bitcoin (BTC) is closing July with stronger-than-expected performance despite mounting macroeconomic and industry-specific challenges. Although the leading cryptocurrency slipped below $63,000 on Friday, trading around $62,900 after a 3% daily decline, it remains up roughly 7.5% for the month, demonstrating resilience in a volatile market. Throughout July, investors navigated a series of headwinds, including renewed expectations that the U.S. Federal Reserve could raise interest rates later this year, rising Treasury yields, a broad selloff in AI-related stocks, and the recent Coldcard… Read more
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