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.

wallstreetcn15minutes ago

Crypto Rests After Another Rise

The cryptocurrency market is near 6-week highs, with capitalisation near $2.44 trillion, adding 0.5% in the last 24 hours. A wait-and-see attitude and some profit-taking replaced active buying in the last three days starting Friday.

FXStreetJul 22 04:06 ET

What does Biden's withdrawal mean for the global financial markets?

USA current President Joe Biden announced that he will not seek re-election, and supports Vice President Kamala Harris as the Democratic candidate. This news was released at a critical moment less than four months before the November election, which may exacerbate the instability of Wall Street.

Zhitong FinanceJul 22 03:08 ET

Biden's Withdrawal Triggers Bitcoin Selloff and Rebound -- Market Talk

Bitcoin experienced a brief selloff and a rebound following President Biden's withdrawal from the U.S. presidential race, while the dollar is slightly weaker, Swissquote Bank senior analyst Ipek Ozkardeskaya says.

WSJJul 22 02:53 ET

Cryptocurrencies Price Prediction: Ethereum, Ripple & Altcoins — Asian Wrap 22 July

Ethereum (ETH) is up over 3% on Friday, following moves from institutions and investors ahead of a potential spot ETH ETF launch on July 23.

FXStreetJul 21 23:29 ET

Bitcoin, Ethereum Hold Steady, Dogecoin Spikes As Biden Bows Out Of Presidential Race: King Crypto Might Have A Chance To Reclaim $71.5K, Forecasts Analyst

Bitcoin and Ethereum consolidated, while Dogecoin rose as President Joe Biden announced his withdrawal from the 2024 presidential race.

BenzingaJul 21 22:52 ET