Bitcoin’s best month since October 2021
After a dreadful start in 2022, July marked the best month for bitcoin this year and the highest return since October 2021, with the price increasing almost 17%.
Aug 1st 2022
Source: Tradingview (Coinbase)
It’s been a challenging year for bitcoin, but the selling finally stopped last month. With a monthly return of 16.6%, the bitcoin price had its best month in 2022 and the highest return since October 2021.
Only two other months have had positive returns since October last year, February and March, with 12% and 5% gain, respectively.