The price of bitcoin surged above $68,000 as investors got more hyped about several developments, including a stamp of approval from former President Donald ...
) is up more than 13% over the past month and surged above $68,000 in the last 24 hours, putting the world’s-largest cryptocurrency within striking distance of an all-time high set earlier this year.
Trump and many in his party have embraced digital assets as they seek to draw a contrast with the Biden administration, which led a crackdown on many of the industry’s major players following a market meltdown in 2022.in an interview with Bloomberg published last week. "What will drive the price of BTC is lower tax rates and tariffs, which if history is any guide , will be inflationary," Dallas Mavericks owner and entrepreneur Mark Cuban said over X last week.
One such figure is BlackRock CEO Larry Fink, who last week in an interview with CNBC referred to bitcoin is a "hedge for optimism" and a "legitimate financial instrument."
Securities And Exchange Commission Money Managers Digital Asset Crypto Community Stamp Of Approval Republican Nominee Trump Administration Price Of Bitcoin Mainstream Acceptance Dallas Mavericks
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Trump’s crypto stand – ‘End Democrats’ unAmerican crackdown’President Donald Trump has adopted a draft platform supporting digital asset innovation in preparation for the upcoming November elections.
Read more »
Donald Trump chooses J.D. Vance as VP candidate – Crypto community rejoicesDonald Trump announced Ohio Senator J.D. Vance as his running mate for the upcoming U.S. presidential election.
Read more »
Donald Trump mulls Jamie Dimon crypto critic for TreasuryJamie Dimon reported change on Bitcoin has surprised the markets. But the crypto sector still believes a Trump win would boost Bitcoin.
Read more »
Trump Media, crypto stocks jump as odds of Trump victory rise after shootingInvestors said trades betting on Trump's victory will increase this week after he was shot in the ear during the rally in Pennsylvania. Shares of Trump...
Read more »
Trump Media, crypto stocks jump as odds of Trump victory rise after shootingPrison operators and gun producers see gains
Read more »
Melania Trump's Living Situation Will Change If Donald Trump Wins, Experts PredictRon Dicker is a general assignment reporter at HuffPost. He has covered sports, entertainment and many other beats in his journalism career, and has lived in New York City for more than 20 years.
Read more »