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Bitcoin Rebound Lifts Bitget Protection Fund to $351M Average Valuation

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A crypto vault marked 351 overflows with reserves as a glowing Bitcoin symbolizes their strengthening.

Bitcoin’s July recovery gave Bitget’s Protection Fund a significant lift. The reserve averaged $351 million during the month and peaked at $365.9 million as BTC recovered from June’s correction. The figures highlight a direct consequence of holding a Bitcoin-denominated safety reserve: stronger BTC prices increase its dollar value, while downturns can quickly work in the opposite direction.

L’article Bitcoin Rebound Lifts Bitget Protection Fund to $351M Average Valuation est apparu en premier sur Cointribune.

1h ago
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