Bitcoin Pulls Back Sharply After Touching $70K
In what has been a familiar pattern over the past months, a rally to a key number was met with a wave selling.
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In what has been a familiar pattern over the past months, a rally to a key number was met with a wave selling.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC.
Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day.
Bitcoin Nashville attendees queued up early on Saturday to get into the conference venue, Music City Center, ahead of former President Donald Trump’s speech (Bradley Keoun)
Former U.S. President Donald Trump’s keynote address at the Bitcoin 2024 conference on July 27 in Nashville has sent ripples … Continue reading
The post Bitcoin sentiment after Trump’s speech is the most bullish since 2023 appeared first on Finbold.
BTC jumped above $69,000 earlier Saturday on hopes Trump would announce buying the asset if elected president.
Senator Cynthia Lummis on stage in Nashville with a copy of her bitcoin reserve bill (Danny Nelson/CoinDesk)
Donald Trump speaks at the Bitcoin Conference in Nashville. (Danny Nelson/CoinDesk)
Cantor Fitzgerald CEO Howard Lutnick (Danny Nelson/CoinDesk)