Bitcoin gains 8.9% in July; Ethereum reclaims $4,300 level

Bengaluru: With Bitcoin, the largest cryptocurrency by market cap, reaching new all-time high, the global crypto market capitalisation surged 13.3 per cent in July.

Binance Research, the research arm of cryptocurrency exchange Binance, in its monthly market insights, said Bitcoin maintained its upward momentum, gaining 8.9 per cent in July to reach a new all-time high of $123,000.

On Wednesday evening, Bitcoin was trading at $120,550 with a market capitalisation of $2.39 trillion.

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