News Formal

Crypto market watch: How far can ‘Trump Trade’ boost Bitcoin?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Crypto market watch: BTC and ETH crypto options worth $1.8 billion are set to expire. Will BTC and ETH cool off before the next leg up?

Several positive catalysts are lined up. Will BTC climb higher?reclaimed the psychological level and previous range-low, partly induced by the Trump attack.

According to some market analysts, Trump’s pro-crypto stance could bolster the bullish scenario for BTC. For example, QCP Capital analystsTrump picking J.D. Vance as his Vice President provides another positive catalyst. Vance holds BTC, and we expect him to lobby for crypto-friendly regulations if Trump gets elected.”ETF, expected to occur on the 23rd of July, was another bullish catalyst. On-chain metrics also corroborated the bullish outlook.

The MVRV -Z score is a BTC market cycle top and bottom indicator. It has accurately predicted past market tops and bottoms .

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 22. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Bitcoin, Ethereum lead the way as crypto market sees $1.44B surgeCrypto Markets See $1.44 Billion Surge Led by BTC and Eth. BTC spot ETFs and anticipated ETHs spot ETFs capture investor's attention.
Sumber: CryptoAmb - 🏆 22. / 68 Baca lebih lajut »