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Bitcoin Surges Past $60,000 Amid Trump Effect

July 15, 2024
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Bitcoin Surges Past $60,000 Amid Trump Effect
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Author: Sohrab Khawas

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Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he’s trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he’s not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Jul 15, 2024 8:04

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Bitcoin has surged past the $60,000 mark following news that Republican presidential candidate Donald Trump survived an assassination attempt. The cryptocurrency is currently trading at $62,186, with a market cap of $1.224 trillion, marking a 4.67% increase in the past 24 hours. During the early Asian trading hours, Bitcoin climbed by 2.28%, achieving its fourth consecutive green candle and challenging the 50-day EMA.

With $44.50 Million worth of short positions on Bitcoin liquidating in the past 24 hours over all the exchanges.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/crypto-live-news/bitcoin-surges-past-60000-amid-trump-effect/

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