Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say

60-second summary

Bitcoin holds its monthly gain despite a barrage of bad news, shrugging off concerns about rate hikes and jobs data. Analysts say 'forced-selling' has exhausted, but traders remain cautious as August approaches, anticipating a potentially 'choppy' market. Market volatility is expected to continue, with traders closely watching economic indicators and crypto price movements.