This week’s price movements for Bitcoin (BTC), gold, and our stock picks Mastercard and BNY Mellon.
Bitcoin (BTC) has continued its tumultuous swing through the $30,000 range throughout the month of July. However, the trend has overall been a downward one. Trading around $33,000 on July 1, BTC’s price nearly pushed up to $36,000 by July 5. It jostled over the next few days, eventually falling below $33,000 by July 9. Another small rally pumped back up to nearly $35,000. Here, things took a turn for the worst, with successive falls below $32,000, $31,000 and finally $30,000 on July 14, 19 and 20 respectively. However, BTC recovered about $30,000 on July 21. It is currently trading just above $32,000.
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