Wake up, Bitcoin detonates shorts! Breaking through the $65,000 mark, what happened?
Bitcoin changed its previous decline and suddenly strengthened this morning, breaking through $65,000 at one point, setting a new high this month, with a daily increase of up to 6%! The amount of liquidation in the last 24 hours reached $250 million, of which $210 million was liquidated in short orders.
What happened?
Democratic presidential candidate Harris promised to support a regulatory framework for cryptocurrencies. According to a statement, Vice President Harris knows that more than 20% of African Americans own or have owned cryptocurrency assets, which is why her plan will ensure that owners and investors of digital assets can benefit from the regulatory framework.
Harris' latest promise is seen as a response to the digital currency industry. In fact, at the end of September, he said that he would encourage the development of cryptocurrencies.
According to historical data, Bitcoin's average increase in October over the past 10 years was 20%, and this year Bitcoin started poorly in October. Harris's policy may rekindle Bitcoin's trend.