​​Monthly report on the work of our traders In July, the cryp | Catalyst

​​Monthly report on the work of our traders

In July, the cryptocurrency market was characterized by good volatility and a rise in the prices of BTC and ETH.

The price of Bitcoin in the reporting month reached the lows of the previous two months and, by the end of the month, increased significantly from the values of $29,000–$30,000. July started at $35,045, the Bitcoin price at the end of the reporting period was $41,461. The month's maximum was $42,599 on July 31, while the minimum was $29,278 on July 20. The rise in the BTC price at the end of the month was 18.4%.

Altcoins demonstrated multidirectional price movement towards Bitcoin in the reporting month. Ethereum failed to maintain its position, as its price in relation to Bitcoin in July fell by 6%. The ETH price against the US dollar in July rose less than the BTC price. The month's opening price was $2,275, the maximum price was $2,553 on July 31, and the minimum was $1,706 on July 20. The month’s closing price was $2,531. The rise in the ETH price in July was about 11%, significantly less than the rise in BTC.

At the end of the month, the cryptocurrency market remains one of the most dynamic and attractive for investors. The remarkable growth and volatility inherent in the cryptocurrency market have resulted in excellent profits.

Read the detailed report below.