Bitcoin surges over 3% to $69,600 following Trump’s crypto-friendly speech in Nashville
Donald Trump’s speech at the Bitcoin Conference in Nashville.
Trump addressed the Bitcoin 2024 conference in Nashville on Saturday, taking a stand opposite to his earlier declaration that Bitcoin was not money. At the conference, he stated that America will become the crypto capital in the coming days if he returns to the White House.
At 12:30 am IST, Bitcoin (BTC) was trading 3.2% higher at $69,604, while Ethereum surged over 4.5% to $3,372. Meanwhile, the global cryptocurrency market cap rallied by 3.23% to around $2.48 trillion in the last 24 hours.
«Bitcoin surged past $69,000 over the weekend following former US President Donald Trump’s speech at the Bitcoin Conference in Nashville. Trump announced plans to create a strategic national Bitcoin stockpile if re-elected. BTC bulls are now targeting the $70,000 level, and if they break through, Bitcoin could ascend to the resistance zone between $72,000 and $73,777,» said Edul Patel, CEO of Mudrex.
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View Details»Similarly, the CoinDCX Research Team noted, «Over the weekend, the market has been
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