Bitcoin has reclaimed $66,000 as it staged a short-term recovery with the weak U.S. stock market. While Bitcoin has experienced automated selling triggered by trading algorithms, the recovery in the market and the interpretation of economic data have driven its price rebound. Currently, analysts emphasize the importance of maintaining the $66,000 support to maintain Bitcoin's upward trend.

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Harris: Ready to debate Trump on September 10

According to The Hill, after returning to Washington after visiting Indiana and Texas, Vice President Harris told reporters that she is ready to debate with Trump on September 10. She mentioned that an agreement had been reached for the September 10 debate, and Trump had agreed before, but now it seems that he may change his mind. Harris stressed that voters should see the differences in this campaign in the debate.


Trump previously told reporters he would "absolutely" debate Harris at least once before Election Day, but added that he had not "agreed to anything" about debating Harris.


Trump and Biden have agreed to two debates, the first on June 27 and the second on September 10. Harris has now received a lot of support from delegates and looks likely to become the Democratic nominee. The Democratic National Convention is scheduled to be held in Chicago from August 19 to 22.


US GDP data is positive for the dollar, recovering lost ground

According to the preliminary estimate released by the U.S. Bureau of Economic Analysis on Thursday, the U.S. GDP grew 2.8% quarter-on-quarter in the second quarter. This positive data exceeded the market expectation of 2%, and the growth rate in the first quarter was 1.4%.

Other data showed that initial claims for unemployment benefits came in better-than-expected at 235,000 in the week ended July 19.

On the negative news, durable goods orders fell sharply by 6.6% in June.

The Chicago Mercantile Exchange's (CME) Fed Watch tool continues to suggest that the Federal Reserve may cut interest rates in September.