CoinEx Research has published its detailed analysis of the cryptocurrency market for July, shedding light on significant price swings, market resilience, and various influential factors shaping the landscape. Market Volatility and Recovery July witnessed dramatic fluctuations in Bitcoin’s price, plummeting to a low of $53,500 before rebounding to $70,000, and ultimately stabilizing between $64,000 and $66,000. This volatility was influenced by several key factors: German Government Sell-off The sale of 50,000 bitcoins by the German government created substantial market pressure. Despite this, the market exhibited...