Bitcoin ended July at roughly $115,650, the highest month-end level in the cryptocurrency’s history, according to TradingView pricing. The close capped a rally that pushed the world’s largest digital asset to eclipse all previous monthly candles. The move left Bitcoin up about 10.4% for July, extending the year’s bullish momentum and reinforcing expectations among some traders that the token could retest intraday highs set earlier in 2025. Seasonal patterns, however, point to a more subdued backdrop: since 2010, August has delivered an average Bitcoin return near 1.6% and a median drop of about 7.5%. Market participants are watching whether the record close can overcome that historical drag as broader risk assets also start the month on fragile ground.