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Cryptocurrency Price Movements Today: Bitcoin Back Above $63,000
Bitcoin (BTC) was back above $63,000 for the first time in two weeks on Monday, up more than 15% from the lows of last week. Bitcoin Momentum Seen Helped by Election Outlook: Some of that price momentum is likely associated with the viewpoint that the re-election of former President Donald Trump, who has lately become viewed as a stronger supporter of cryptocurrency, is more likely.1 Trump has indicated he will attend a bitcoin conference in Nashville later this month, according to conference organizers.2 “Bitcoin’s price is positively correlated with the probability of a Trump Presidency and will remain ... (full story)
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- Posted: Jul 15, 2024 10:30pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 118
