Bitcoin breakout brewing, mining difficulty ATH, July candle close, peak into the FED

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has dropped a bit into the $64-65k range. We shall see if the Fed’s FOMC meeting (where they decided NOT to cut rates) has any impact on Bitcoin’s price today.

Monthly close today and the $BTC-Chart looks like this. That would be the sixth monthly close ABOVE the 2021 ATH. Breakout to the upside soon imo. You're not bullish enough. POST: https://x.com/el_crypto_prof/status/1818548500017062257

Monthly close today and the $BTC-Chart looks like this. That would be the sixth monthly close ABOVE the 2021 ATH. Breakout to the upside soon imo. You're not bullish enough.

Bitcoin rhymes. What happens next? POST: https://x.com/BTC_Archive/status/1818585031754871067

Bitcoin rhymes. What happens next?

BITCOIN MINING:

🚨BREAKING - #Bitcoin mining difficulty is ripping. Mining difficulty has adjusted upwards by 10.5% to a new all-time high at 90.7T 👀 🚀. POST: https://x.com/SimplyBitcoinTV/status/1818586093593501763

🚨BREAKING - #Bitcoin mining difficulty is ripping. Mining difficulty has adjusted upwards by 10.5% to a new all-time high at 90.7T 👀 🚀

ADOPTION:

Russia Legalizes Crypto Mining and Brings an Experimental Regime. The State Duma passed two bills on Tuesday. ARTICLE: https://www.coindesk.com/policy/2024/07/30/russia-legalizes-crypto-mining-and-brings-an-experimental-regime/

Strike introduces Target Orders 🎯. ARTICLE: https://strike.me/learn/what-is-a-bitcoin-target-order/

SPEED OF LIGHTNING:

Lightning transactions compared to Mastercard and Visa. ⚡️. POST: https://x.com/AquaBitcoin/status/1818458975270056062

Lightning transactions compared to Mastercard and Visa. ⚡️

FIAT/GOVERNMENT NONSENSE:

Venezuela’s Maduro challenges Elon Musk to a fight 😅. POST: https://x.com/RadarHits/status/1818698938083369124

🇺🇸Donald Trump just launched #Bitcoin sneakers. POST: https://x.com/RadarHits/status/1818677903984320669

Donald Trump just launched #Bitcoin sneakers.

Stop calling the government incompetent. Their aim was to make money for themselves and their buddies and it’s going great. POST: https://primal.net/e/note1ql0n6uaeuq09e56vwsagnyp8xx2cxpk76nnmzszjzawttluvrcssqt0rzz

Stop calling the government incompetent. Their aim was to make money for themselves and their buddies and it's going great.

First day of Med School. POST: https://primal.net/e/note1dummnqlx4hvrcatcvmfywdtg2y9rzctx5hqax734p2r99e08qw8sknesgf

First day of Med School.

Milton Friedman on the 19 members of the FOMC and their unlimited power over the money supply.💸 This is why we #Bitcoin 🧡💯🧡. POST: https://primal.net/e/note12erwlq38p5qurl0kntw5zwwzp0q3k6p3kddtgvduehr66vp257usgkl766