The Bitcoin Monthly: July Reportark-invest.com/wp-content/uploads/2022/08/ARK-Invest_The-Bitcoin-Monthly_July-2022.pdf
150 sats \ 2 comments \ @ExponentialBTC 3 Aug 2022 bitcoin
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5 sats \ 0 replies \ @cryptocoin 5 Aug 2022
There's another post, here on SN, that shaers the Twitter thread where the July report was announced:
ARK Invest's July Bitcoin Report - featuring a slide on LN growth #54871 https://twitter.com/yassineARK/status/1554828101200162816 https://nitter.it/yassineARK/status/1554828101200162816
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0 sats \ 0 replies \ @ExponentialBTC OP 3 Aug 2022
This monthly report is authored by ARK's CEO, Cathie Wood, ARK Analysts, Yassine Elmandjra and Frank Downing, and ARK Research Associate, David Puell.
Considering the market's fast pace of change, ARK publishes The Bitcoin Monthly, an earnings report that details relevant on-chain activity and showcases the openness, transparency, and accessibility of blockchain data.
Topics Addressed in The Bitcoin Monthly July Report include:
  • Bitcoin closed the month of July up 16.6%, rising from $19,965 to $23,325, its most significant gain since October 2021.
  • After breaching its 200-week moving average, falling to the $17,000-$19,000 range, and bouncing off its 2017 all-time-high, bitcoin reclaimed its 4-year trend.
  • Market contagion appears to be contained, as deleveraging subsides.
  • Uncertainty over Fed policy continues to weigh on bitcoin's recovery and outlook.
https://ark-invest.com/crypto-reports/the-bitcoin-monthly-july-report
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