BlockBeats News, August 1st. In July, the overall trend of Bitcoin was relatively stable. Although on the last day, Bitcoin dropped over 3% due to the FOMC curse, the monthly gain was still at 7.51%.
Looking ahead to August, from 2013 onwards, Bitcoin has experienced 13 market cycles, with 9 ending in a decrease and 4 in an increase. Although the average return is 1.12%, the median return is -7.49%. The largest monthly gain occurred in August 2017, with a gain of 65.32%, while the largest monthly drop was seen in August 2015, with a decline of 18.67%.
