📈 Bitcoin Hits 40-Day High! 🚀
- Bitcoin (BTC) soared to $68,518 on July 22, marking a 19.4% gain in just 10 days. Investors are buzzing over potential Fed rate cuts in 2024 and a friendlier regulatory climate in the US.
- Futures premium hit a 5-week high, signaling traders' cautious optimism. Could we see BTC hit $72,000 soon? 🤔
- President Biden's reelection dropout might boost crypto-friendly Trump and VP pick JD Vance, but the Fed and SEC remain wild cards.
- Despite global uncertainties, Bitcoin's bullish momentum suggests a healthy market aiming for new highs.
Stay tuned, crypto enthusiasts! 🌟