---
title: "itBit Bitcoin Market Report: August 2015"
description: Our August report offers a July market recap, examines the impact of China and the US Dollar on bitcoin and prepares traders for the month ahead.
image: https://insights.paxos.com/hubfs/itBit_Gated_Content/August_Market_Report/Blog-itBit-Bitcoin-Market-Report-August-2015.png
---

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# [ITBIT TRADING BLOG](https://www.itbit.com/blog)

## itBit Bitcoin Market Report: August 2015

August 6, 2015 at 11:28 AM | [itBit](https://insights.paxos.com/blog/author/itbit)

![Blog-itBit-Bitcoin-Market-Report-August-2015](https://insights.paxos.com/hubfs/itBit_Gated_Content/August_Market_Report/Blog-itBit-Bitcoin-Market-Report-August-2015.png)

In July, the decline of the Shanghai Stock Exchange and crisis in Greece fueled an early uptrend in the bitcoin market. The price briefly broke $300 before falling back below that key resistance level. Despite ending the month quietly, bitcoin outperformed several major asset classes including oil and gold.   <iframe src="https://4844648.fls.doubleclick.net/activityi;src=4844648;type=itbit0;cat=augus0;ord=1?" width="1" height="1" frameborder="0" style="display:none"></iframe>

## **Inside the August itBit Bitcoin Market Report**

- ****July Bitcoin Market Recap:** **Analysis of the key events that impacted the bitcoin price last month.

- **G**lobal Macro Trends Impacting Bitcoin:** **Closer look at how the Shanghai Stock Exchange crash and US dollar strength are affecting the bitcoin market. 

- ****August Market Forecast: ****Outlook for August and three things bitcoin traders should keep an eye on this month. 

 

Please complete the form below to download your copy of the August 2015 itBit Bitcoin Market Report. 

 

## **About itBit's Bitcoin Market Report**

Our monthly itBit Bitcoin Market Report offers bitcoin price and macro trend analysis to help inform your trading decisions. [Click here to view the report archive.](https://www.itbit.com/blog/topic/itbit-market-report)

[![VIEW FULL REPORT ARCHIVE](https://no-cache.hubspot.com/cta/default/424565/ef2b7bd3-d06c-4e29-b449-f7566b378194.png)](https://cta-redirect.hubspot.com/cta/redirect/424565/ef2b7bd3-d06c-4e29-b449-f7566b378194)

 

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