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Blackhowl
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唐納德·特朗普說：“我將確保加密貨幣和
$BTC
的未來在美國製造……我將支持全國 5000 萬加密貨幣持有者的自我保管權。”
#Bitcoin❗
#Trump
#crypto
#PresidentialElection
#USA
免責聲明：包含來自第三方的見解。非財務建議。可能包含贊助內容。
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lol nice pick of CEC
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Solana to the floor😂
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wanna test your luck? join binance game to win 5 $BNB https://safu.im/KnMEquGp?utm_medium=web_share_copy
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$BTC Bitcoin, a cryptocurrency infamous for its price volatility and environmental impact, has become a focal point of the US presidential campaign. On July 27, the former US president and Republican nominee for the upcoming election, Donald Trump, headlined the biggest Bitcoin conference of the year in Nashville. In his speech, Trump claimed he will make the US the “crypto capital of the planet and the Bitcoin superpower of the world” if returned to the White House after November’s election. His comments were met with rapturous applause from the crowd. Trump’s courting of the crypto industry is almost certainly a political move. The Trump campaign has raised US$25 million (£19.6 million) from the sector since it started accepting cryptocurrency donations in May, and it is expected to receive even more following the event in Nashville. His public backing of crypto undoubtedly boosted investor optimism. The price of Bitcoin surged to almost US$70,000 on July 29, its highest level in more than six weeks, before dropping back to US$62,000 a few days later.
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Wondering why the market is fluctuating? #EarnFreeCrypto2024 As we kick off a short week, investors in a range of speculative assets are seeing selling pressure build. Of course, there are plenty of macro reasons for this trepidation. Some rather important inflation readings are due later this week, which could impact everything from growth stocks to commodities to cryptocurrencies. Everything is tied to interest rates these days. In the crypto world, Bitcoin $BTC , Ethereum $ETH , and Dogecoin $DOGE are among the megacap tokens seeing declines today. Over the past 24 hours, these three top tokens have slumped 3.8%, 3.5%, and 4%, respectively, as of 2:30 p.m. ET. Let's dive into what's driving today's price action in these top tokens. Enthusiasm over key catalysts wears off Investors in these three megacap tokens have certainly had quite the run over the past few weeks, and really since the beginning of the year. Bitcoin started the party off with the approval of a dozen spot exchange-traded fund (ETF) products, which conjured up some significant demand for its token. In combination with a halving event, which saw the amount of newly minted Bitcoin slashed in half, this created a supply-and-demand dynamic investors liked. Ethereum recently saw similar catalysts take hold, with the Securities and Exchange Commission (SEC) approving spot Ethereum ETFs last week as well. Additionally, previous upgrades have resulted in Ethereum becoming less inflationary, and depending on the day, deflationary based on token burn metrics relative to transaction volumes. As a more speculative asset, Dogecoin has ridden market momentum higher. But with these catalysts now seemingly in the rearview mirror (it's really amazing how quickly the market adjusts to news, particularly in this space), some investors may be looking to sell into this news and wait patiently for another catalyst to take hold. A similar "sell the news" effect took place immediately following the anticipated approval of spot Bitcoin ETFs earlier this year.
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