Another month, another set of opportunities for crypto traders! Contentworks, the go to agency for forex and cryptocurrency content marketing is here with your monthly forecast.July was a good month for cryptocurrencies. The combined value of all cryptocurrencies rose by more than $100 billion. This happened after Blackrock released its second quarter earnings report. In the report, Blackrock announced that it would form a committee to explore future investments in cryptocurrencies.

This was a big news for cryptos because of the value Blackrock would bring to the space. The company has more than $6 trillions in assets under management. Therefore, even if it allocated a tiny percentage of its assets into crypto, the value would be a lot. In addition, other competing asset management companies like Vanguard, Blackstone, and PIMCO would likely follow Blackrock into these investments.