BITCOIN:BTC sets its highest monthly close since october 2021

Bitcoin is up 22.68% so far in July, setting up for its highest monthly close since October 2021. At the present time Bitcoin is trading at $23,404

Moreover Bitcoin miners made more than $15 billion in revenue over the course of 2021.However, 2022 hasn’t been kind.

Bitcoin’s mining industry has taken a severe hit in 2022. Given factors such as massive price corrections, inflation, etc., many miners have even exited the Bitcoin network.

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