Why did Bitcoin rise amidst the hot market speculation of 'Trump Trade'?

The probability of Trump's victory is increasing, which favors risk assets such as bitcoin. Especially when the latest Republican campaign agenda mentioned that if Trump comes to power, the crackdown on cryptos will end, greatly boosting the confidence of the cryptos market.

wallstreetcn38minutes ago

Cryptocurrencies Price Prediction: Maker, Dogwifhat & Crypto – European Wrap 16 July

Maker (MKR) extended gains by nearly 33% in the past seven days, as seen on Binance. On-chain data shows that even as Maker holders take profits on their MKR holdings, the governance token sustains above key support.

FXStreet07:13 ET

Trump and J.D. Vance Create a Pro-Crypto Presidential Ticket: Can Crypto's Strong Weekly Start Endure?

Bitcoin

Column05:18 ET

BTC/USD Price Action Analysis: Potential for the Fruther Drop Towards the Mean [Video]

Bitcoin (BTC/USD) may face a downturn as it hits 2 standard deviations above its mean, signaling a potential reversion to the mean.

FXStreet04:17 ET

Blackrock, the asset management giant, has had a major change in attitude towards bitcoin! It fully supports the prospects of 'digital gold'.

The leader of the world's largest asset management institution had previously held an extremely skeptical stance towards bitcoin, this digital currency.

Zhitong Finance02:54 ET

Cryptocurrencies Price Prediction: Ethereum, Ripple & Meme Coins — Asian Wrap 16 July

Ethereum is up more than 7% on Monday following updates from Bloomberg analysts that the Securities & Exchange Commission (SEC) would potentially greenlight spot ETH ETFs to launch next week Tuesday.

FXStreet22:00 ET