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Bitcoin price hits six-week high after Trump backs cryptocurrency
Bitcoin has hit its highest level in more than six weeks after Donald Trump said at the weekend he would end the “persecution” of the crypto industry if he wins the US presidential election. The cryptocurrency’s price rose by more than 3% on Monday to peak at about $69,745, the highest since 12 June when the currency changed hands at more than $69,800. The increase comes after supportive comments from Trump at the Bitcoin 2024 convention in Nashville, Tennessee, where he said on Saturday he would make the US the world’s cryptocurrency leader and embrace a more pro-bitcoin stance than his rival, Kamala Harris. ... (full story)
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- Posted: Jul 29, 2024 6:42am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 184
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