Super Trump Coin

Joe Biden

Donald Trump

Presidential Debate

Super Trump

<ul>
 <li>Bitcoin price was down by 4.81% over the past week.</li>
 <li>Trump’s pro-crypto stance has gone undefined in the presidential debate.</li>
</ul>
Despite a slight recovery in Bitcoin’s market price, it struggles to surpass the $62,000 mark, hovering at $61,510 after a 1.02% increase in the past 24 hours. This recovery may be short-lived amidst the 90-minute US presidential debate.
Current President <a href="https://x.com/JoeBiden/status/1806540593549484269" target="_blank" rel="noopener noreferrer nofollow">Joe Biden</a> and Donald Trump clashed on economic, taxation, and immigration issues, but cryptocurrency policies were not specified. And that disappointed enthusiasts who anticipated clarity, given Trump’s previous pro-cryptocurrency stance.
Donald Trump’s announcement of plans for all future Bitcoin minting in the U.S. and his self-identification as the “crypto <a href="https://thenewscrypto.com/trump-embraces-crypto-president-title-pledges-support-for-crypto-sector/" target="_blank" rel="noopener noreferrer nofollow">president</a>,” including acceptance of Bitcoin for political donations, has captured attention. In a recent donation by the Gemini founders, the <a href="https://thenewscrypto.com/gemini-founders-donate-bitcoin-to-support-trump-win-biden/" target="_blank" rel="noopener noreferrer nofollow">Winklevoss</a> twins had each donated $1 million in Bitcoin to support Donald Trump.
Notably, in the celebrity coin frenzy, Trump-themed meme coins like Super Trump, MAGA, and DJT, as well as Biden-inspired tokens such as the misspelled Jeo Boden’s prices, have been fluctuating over the past day. Super Trump is down by 25.76%, and MAGA is down by 7.06%. DJT, the recent controversial token that arrived in his name, is up by 8.51%, and <a href="https://x.com/boden4pres" target="_blank" rel="noopener noreferrer nofollow">BODEN</a> is down by 36.49%.
<h3 class="wp-block-heading" id="h-will-btc-bulls-lead-the-price">Will BTC Bulls Lead the Price?</h3>
Analyzing the past week’s price action, BTC has caused considerable pressure in the crypto market. It stood in the $64-59K price range, dropping by 4.81%. Bitcoin’s daily Relative Strength Index (RSI) stands at 35.48, signaling the oversold zone, and the EMA shows the sell signal as well.&nbsp;
If the BTC bulls lead the price to hit above $61.5K, the first key resistance could be at the $62,180 level. If the bull run continues, the next possible resistance can be found at $62,596. A further gain will take the price to the $62,900–$63,000 range.&nbsp;
Assuming the bulls can’t defeat the bears, the price may drop to its initial support zone of $61,116. If the BTC price continues to dip, the next major support will be in the $60,770 range. Furthermore, if the price bottoms, it might head to the $60,186 level.&nbsp;

Did Trump’s Presidential Debate Influence Bitcoin Prices?

Table of Contents

TheNewsCrypto

Autres articles publiés le 28 juin 2024

Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400

Binance, Coinbase, Upbit Go Head-to-Head: Exclusive Crypto Listings Revealed

US SEC Takes Major Blow In Chevron Howey Test Case, Implication For Crypto

Crypto: The Altcoin Season May Be About to Start!

Sail With MoonBag Staking: Enjoy 88% APY Rewards, Outshining Ripple (XRP) and Cardano (ADA) in it...

Silk Road Bitcoin Worth $240 Million Transferred to Coinbase

Join our free newsletter for daily crypto updates!