Bitcoin (BTC) Retakes 200-Day Average as ‘Trump Trades’ Back In Vogue After Weekend Attack

In latest months, Trump has reversed course and embraced crypto to outflank his rival, Joe Biden, and win over the supposedly single-issue crypto group, which is searching for a friendlier regulatory surroundings for the trade. As such, bitcoin and the broader crypto market have change into bets on Trump’s victory. The previous president is dedicated to talking on the Bitcoin 2024 convention in Nashville, Tennessee, on July 27.