Bitcoin (BTC) has struggled to recover this month, mirroring its historical patterns. Currently trading between $60,630.05 and $61,605.23, the coin shows a modest 1.23% increase in the past 24 hours.
Historically, June has often ended negatively for Bitcoin, with the most recent years having seen significant losses. Nevertheless, the track record indicates a strong rebound in July, with an average of 7.98% gains and a median return of 9.60%. Analysts remain cautious yet optimistic, ointing possible bullish steps without significant regulations that may curb such movements.
Spot Bitcoin exchange-traded funds continue to strengthen Bitcoin’s ability to overcome attacks, even though a lot of money is left recently. The establishment and enterprise interest in these goods may possibly make Bitcoin’s value go back to its earlier highest point, which would be a sign of revival for the following months.
