Crypto:
32277
Bitcoin:
$98.318
% 5.16
BTC Dominance:
%58.9
% 0.11
Market Cap:
$3.07 T
% 2.13
Fear & Greed:
83 / 100
Bitcoin:
$ 98.318
BTC Dominance:
% 58.9
Market Cap:
$3.07 T

After 10-Day Peak, What’s Next for Cryptocurrencies?

Donald Trump Crypto

Bitcoin price has jumped to $60,400, its highest level in 10 days, and is hovering around $59,900. After a long period of decline, Germany’s ready-to-sell assets have been depleted and the latest inflation data has also been positive. So, will crypto investors finally have something to smile about? What do current market forecasts indicate for crypto?

BTC rose to $60,400 and the assassination attempt on Donald Trump seems to be the reason for the price increase as it will positively impact his election campaign. Moreover, Trump will be attending a Bitcoin event this month and is expected to say new things and even make statements about the period after he is elected President. If he takes a position directly targeting the SEC, this will create serious upward expectations for this crypto.

Popular crypto analyst Crypto Tony drew attention to the unusual performance over the weekend and claimed that it was the footsteps of the rally.

“For the bulls, it would be great to regain $60,500 today. If we can do that, it will be a real sign of strength.”

“Bitcoin needs to reclaim $60,600 as support and hold it. For now, it is roughly 1.5% away from that. Bitcoin has 24 hours to do this to protect its Reaccumulation Range.”

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