The hype about Bitcoin is expanding, and we also notice an increase in crypto discussions online and offline. Exciting months are ahead of us.
Solidum Capital investment strategies performance
July 2020 (returns in USD):
21.14% Solidum Actio Crypto Growth Strategy (monthly report)
18.22% Solidum Cautus Crypto Hedge Strategy (monthly report)
Solidum strategies generated double-digit returns in July and just slightly underperformed the crypto market.
In our June market overview, we have stated that after Bitcoin breaks out of its two-month consolidation range, we can expect a decisive move. This is precisely what happened, as Bitcoin gained 24% in July. If Bitcoin manages to stay above $10,000 in the coming weeks (highly likely), we expect the crypto market to be much higher by the end of the year.