Bitcoin
Bitcoin
The bitcoin price soared to over $69,000, up from recent lows of $53,000 earlier this month—pulling the wider ethereum, XRP
XRP
Trump, who has embraced bitcoin in recent months after making millions from his ethereum-based non-fungible token (NFT) digital trading cards, is due to speak at the Bitcoin 2024 conference at 2pm CT on Saturday.
Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run
Former president Donald Trump is due to speak at the Bitcoin 2024 conference on Saturday, with the … [+]
Hype has been building since Trump was announced as a speaker at the Bitcoin 2024 conference in Nashville, Tennessee, with conference organizer David Bailey saying it will be “the most consequential political event in bitcoin’s history and a defining cultural moment for our society.”
This week, wild rumors have swirled that Trump could announce he’d create a U.S. bitcoin strategic reserve during his speech if re-elected president.
Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious
The bitcoin price has shot higher ahead of Donald Trump’s Bitcoin 2024 conference speech, boosting … [+]
“A Trump presidency, now very likely, will push bitcoin and crypto back to better heights as he is in favor of such digital assets,” Desmond Marshall, managing director at Hong Kong-based investment advisory company Rouge International, said in emailed comments, adding he expects the bitcoin price to end 2024 at $74,000.
“Bitcoin is now a proxy for a Trump victory,” Sean McNulty, director of trading at Arbelos Markets, told Bloomberg.
This article was originally published by a www.forbes.com . Read the Original article here. .