July 2021 recap - Gaining (some?) momentum

Again a month has passed. Let me show you how my portfolio did.


Market update

A month with two faces this time. First the (continuation of the) slight decline of the market and then, from July 20th, a pretty strong recovery. The total market cap of cryptocurrencies went up from 1.41 tn to 1.56 tn. Bitcoin dominance was up a bit from 45.3% to 46.3%.
Looking at the prices of the individual currencies, Bitcoin went up from $33,400 to $38,400 this month. The price of Ethereum went up from $2,130 to $2,480.

Current Portfolio

Again I didn't invest more money in Bitcoin and Ethereum. My overall portfolio value is now about €2,150 higher than one month ago. My portfolio shifted a little bit back towards BTC (and ETH; away from fiat). My personal BTC "dominance" is now at 43.0% (from 42.8%).
In total I have invested €2,600 in Ethereum and Bitcoin, so I'm still at a €14,700 overall profit.


I managed to steadily increase my Hive Power holdings the last month from 6,452 to 6,595 HP. It seems possible to be at 7k before the end of the year.

Will we see a continuation of the bull run? Or is the resistance around $40,000 too strong? We'll see it in the coming recaps.

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