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Bitcoin Prices See Wild Trading as Trump Plans to Establish BTC as U.S. Strategic Asset

cryptovert July 28, 2024 1 min read

Trump
unveiled
plans
to
make
a
“strategic
national
bitcoin
stockpile”
if
elected,
which
was
in
line
with
the

market
expectations

heading
into
the
speech.

In
the
lead-up
to
Trump’s
comments,
the
digital
asset
rose
above
$69,000
on
Saturday.
The
price
fell
to
as
low
as
$66,700
before
jumping
back
over
$68,000,
data
from
CoinGecko
shows,
as
traders
digested
the
speech.
The
broader
market
index,

CoinDesk20
,
followed
the
same
pattern.

Continue Reading

Previous: Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt
Next: In Donald Trump’s Own Words – a Partial Transcript of His Bitcoin 2024 Speech

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