TL;DR
- Bitcoin closed July up roughly 8%, its best monthly return since April 2025, while the S&P 500 and Nasdaq 100 fell 1% and 7% respectively, marking crypto’s strongest month of relative outperformance this year.
- Bitcoin and Ethereum ETF inflows both turned positive in July for the first time since April, with Bitcoin pulling in $403 million and Ethereum $359 million in net inflows, a structural shift in demand that aligns with the $58,000 support level holding across the month.
- Ethereum and Solana fundamentals strengthened through the drawdown: Ethereum stablecoin assets under management grew 22.49% year-over-year to $155.9 billion, and Solana now accounts for over 36% of all decentralized-exchange spot volume (roughly twice Ethereum’s…
