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Fresh Off The Block: Bitcoin falls below US$23,500, traders observed to return to crypto market and more

Chloe Lim
Chloe Lim • 2 min read
Fresh Off The Block: Bitcoin falls below US$23,500, traders observed to return to crypto market and more
Bitcoin, the world's largest cryptocurrency by market capitalisation. Photo: Bloomberg
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On Aug 1, Bitcoin dropped as much as 2.4% to US$23,247 ($32,000) after reaching $24,658 on July 30–its highest level since June 13.

The largest cryptocurrency’s 27% gain in July made for the best month since October.

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