LTC, XMR, AAVE and MKR turn bullish as Bitcoin stalls under $31K By Cointelegraph

(BTC) has been trading in a narrow range for the past few days, but that doesn’t take away the sheen from its stunning 84% rally in 2023. The strong recovery in Bitcoin’s price has boosted buying in several altcoins, which have risen sharply from their yearly lows.

As the second half of the year begins, the central question on every investor’s mind is: Will the rally continue? CoinGlass data shows that July has seen only three negative monthly closes since 2013, with the most significant decline being 9.69% in 2014. This suggests that bulls have a slight edge.