In July, the decline of the Shanghai Stock Exchange and crisis in Greece fueled an early uptrend in the bitcoin market. The price briefly broke $300 before falling back below that key resistance level. Despite ending the month quietly, bitcoin outperformed several major asset classes including oil and gold.
Inside the August itBit Bitcoin Market Report
July Bitcoin Market Recap:Analysis of the key events that impacted the bitcoin price last month.
Global Macro Trends Impacting Bitcoin:Closer look at how the Shanghai Stock Exchange crash and US dollar strength are affecting the bitcoin market.
August Market Forecast: Outlook for August and three things bitcoin traders should keep an eye on this month.
Please complete the form below to download your copy of the August 2015 itBit Bitcoin Market Report.
Bitcoin trading involves a high degree of risk. The bitcoin market is new and unproven and may
not grow. Currently, there is relatively small use of bitcoin in the retail and commercial
marketplace in comparison to relatively large use by speculators, thus contributing to
price volatility that could adversely affect an investment in bitcoin. In order to
participate in the trading of bitcoin, you should be capable of evaluating the
merits and risks of the investment and be able to bear the economic risk of
losing your entire investment. No material at this site should be considered
as an offer by itBit to sell or solicitation by itBit of any offer to buy bitcoin.