Bitcoin entered September around $59,000 and rose 7% during the month to $63,300. Prices fell to start the month as poor US economic data reignited worries of a US-led slowdown.
Reports
GSR Research Team Expands: Strengthening Our Commitment to Market Excellence
Today, we are excited to announce a significant milestone: the expansion of our research team. This growth underscores our unwavering commitment to deepening our expertise and enhancing our market insights, ensuring we remain at the cutting edge of the rapidly evolving digital asset space.
Crypto Commentary August 2024
Bitcoin entered August around $64,600 and fell 9% during the month to $59,000. Crypto’s apex asset was not immune to the early-month traditional market plunge.
Steady Lads and BTFD
We discuss the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency’s risk reward its most compelling in years.
Crypto Commentary July 2024
Bitcoin entered July around $62,700 and increased 3% during the month to finish at ~$64,600. The month started out rough as the Mt Gox trustee confirmed it began making repayments to some creditors, Germany continued to sell off its $3b seized Bitcoin portfolio, and the spot Bitcoin ETF flows turned
Crypto Commentary June 2024
Bitcoin entered June around $67,500 and fell 7% during the month to finish at ~$62,700. Bitcoin moved higher to start the month on $1.8b of inflows into the US spot Bitcoin ETFs, but soon gave way to worsening ETF flows.