Bitcoin and ether both fell Friday as July drew to a close, but the broader crypto market is on track for its best month in a year. The CoinDesk 20 index, which tracks the largest digital assets, is set to post its biggest gain since July 2025. Equities rallied in Asia and U.S. index futures advanced, suggesting a risk-on mood in traditional markets.
Bitcoin, Ether slip
Bitcoin dropped as the month ended. Ether also declined. The moves came as equities rallied, with Asian stocks rising and U.S. futures pointing higher.
CoinDesk 20 index shines
Despite the dip in the top two cryptocurrencies, the CoinDesk 20 index is on pace for its best month since July 2025. That marks a year of recovery for the broader market, which has seen gains across many altcoins.
Equities rally alongside
Asian equities rallied and U.S. index futures advanced on Friday, indicating a broader risk-on sentiment. The divergence between crypto and equities could be temporary, but it highlights the mixed signals as the month closes.
The coming week will show whether the crypto market can sustain its monthly momentum into August.
