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Bitcoin ETF has seen inflow of funds for four consecutive weeks, and the market is waiting for Trump's speech at the heavyweight cryptos conference this week.
Bitcoin ETF has received inflow of funds for the fourth consecutive week, with a total inflow of more than $3.1 billion in four weeks. Harris has not publicly commented on her views on cryptos, but if her position is similar to Biden's, traders may continue to believe that Trump is more favorable to the industry. Media reports suggest that Trump may propose to list bitcoin as a strategic reserve asset at this week's bitcoin conference.
Crypto Investment Products Continue Positive Run After $1.35 Billion Net Inflows
CoinShares' weekly report shows that crypto investment products saw a third consecutive week of inflows.
Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap 22 July
Bitcoin (BTC) is up 1.2% on Monday, as discussions around Donald Trump making Bitcoin a reserve asset if elected president and Elon Musk's recent posts hint at a potential rally for the largest digital asset.
Could Donald Trump and Elon Musk Provide Bitcoin's Bullish Spark?
Bitcoin (BTC) is up 1.2% on Monday, as discussions around Donald Trump making Bitcoin a reserve asset if elected president and Elon Musk's recent posts hint at a potential rally for the largest digital asset.
BTC/USD Outlook: Bulls Hold Grip but May Pause for Consolidation Before Attack at 70K Barrier
BTCUSD is ranging around Fibo level at 67495 (76.4% of 71929/53142) on Monday, suggesting that strong bullish acceleration in past three days, which hit five-week high, might be losing traction.
Crypto Today: Bitcoin Is Less Than 10% Away From All-time High as Ethereum ETF Approval Anticipation Brews
Bitcoin is inching closer to its all-time high of $73,777, observed on March 14 on Binance.
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