Markets
Bitcoin (BTC) Recaptures 200-Day Average as ‘Trump Trades’ Returns After Weekend Attack
In recent months, Trump has changed course and embraced cryptocurrency to outdo his rival, Joe Biden, and win over the supposedly single-issue crypto community, which is seeking a more friendly regulatory environment for the sector. As such, bitcoin and the broader cryptocurrency market have become bets on Trump’s victory. The former president has pledged to speak at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27.