BlockBeats news: On August 1, Bitcoin's performance in July remained generally stable. Although it dropped over 3% on the final day due to the FOMC curse, the month ended with a 7.51% gain.
Looking ahead to August, of the 13 historical price movements since 2013, Bitcoin declined in 9 months and rose in 4. Although the average return is 1.12%, the median return is only -7.49%. The largest gain occurred in August 2017, when the monthly increase reached 65.32%; the largest decline happened in August 2015, with a monthly drop of 18.67%.

