Bitcoin closed July 2026 with a solid gain of approximately 9.93%, briefly climbing above $65,000. However, historical CoinGlass data shows that August has systematically closed in the red during every comparable period of the four-year cycle: -17.55% in 2014, -9.27% in 2018, and -13.88% in 2022, representing an average decline of 13.6%. July’s rebound ran out of momentum against significant resistance in the $65,000-$65,500 zone, with the price falling back toward $63,773. On the fundamental side, the CLARITY Act crypto regulation bill is stalled in the Senate and Fed interest rates remain elevated between 3.50% and 3.75%, maintaining downward pressure on the digital asset.
Source: Read the original article
