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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/trump-attends-bitcoin-2024-conference-influencing-crypto-markets/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Attends Bitcoin 2024 Conference, Influencing Crypto Markets</a><br></p>
<p style="text-align: justify">In recent days, the flagship cryptocurrency Bitcoin’s value increase has reignited hope in the <a href="https://en.coin-turk.com/south-koreas-national-police-agency-set-to-enhance-crypto-surveillance-with-new-system/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto market</a>. Investors believe this unexpected rise is due to former US President <strong>Donald Trump</strong>’s participation in the Bitcoin 2024 conference in Nashville. This change in Trump’s stance on cryptocurrencies has led to more than a 1% increase in Bitcoin’s price. So, what is the real reason behind this rise?</p>
<h2 style="text-align: justify" id="trump-s-participation-could-create-opportunities-for-these-altcoins">Trump’s Participation Could Create Opportunities for These Altcoins</h2>
<p style="text-align: justify">Besides Bitcoin, there is significant activity in the crypto world. During this period, crypto whales are quietly accumulating various altcoins. This indicates that whales see great potential in these altcoins. One of the most notable altcoins on the whales’ radar is Arbitrum.</p>
<p style="text-align: justify">Currently trading at $0.72, <strong>Arbitrum</strong> has seen an 87% increase in whale inflow over the past week despite its value loss since the beginning of the year. Serving as a Layer-2 scaling solution for Ethereum, Arbitrum aims to increase transaction speeds and reduce costs. The growing interest from whales highlights Arbitrum’s potential for wider adoption in the <a href="https://newslinker.co/what-are-the-future-technologies/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">future</a>.</p>
<h2 style="text-align: justify" id="xrp-and-cardano-ada">XRP and Cardano (ADA)</h2>
<p style="text-align: justify"><strong>XRP</strong> is trading at $0.59, and since July 23, there has been an increase in addresses holding between 100 million and 1 billion tokens. The growing interest from these large holders indicates that XRP has become an attractive option for major <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a>, benefiting from its legal victories and positive market sentiment.</p>
<p><img fetchpriority="high" decoding="async" class="wp-image-374324 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/xrp-8.jpg" alt="" width="740" height="415"></p>
<p style="text-align: justify">At $0.41, <strong>Cardano</strong> experienced an extraordinary increase in large holder inflows, rising by 10,878% in a single day. Cardano’s recent upgrades and ongoing development have built significant confidence among whales. ADA’s recovery potential is also positively received by the market.</p>
<h2 style="text-align: justify" id="chainlink-a-strong-player-in-the-defi-ecosystem">Chainlink: A Strong Player in the DeFi Ecosystem</h2>
<p style="text-align: justify"><strong>Chainlink</strong> is trading at $13.55 and has integrated with TrueFi on the Ethereum and Arbitrum Blockchain platforms through the Cross-Chain Interoperability Protocol (CCIP).</p>
<p style="text-align: justify">This integration is making the cryptocurrency Chainlink a popular choice among crypto whales by enabling broader adoption. It is worth keeping an eye on these 4 altcoins ahead of Donald Trump’s speech.</p>
<ul class="Summary">
 <li>Bitcoin’s value increase is linked to Trump’s Bitcoin 2024 conference participation.</li>
 <li>Crypto whales are accumulating altcoins like Arbitrum, XRP, and Cardano.</li>
 <li>Chainlink’s integration with TrueFi boosts its popularity among crypto whales.</li>
</ul>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/trump-attends-bitcoin-2024-conference-influencing-crypto-markets/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Attends Bitcoin 2024 Conference, Influencing Crypto Markets</a></h5>
<p>The post <a href="https://en.coin-turk.com/trump-attends-bitcoin-2024-conference-influencing-crypto-markets/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Attends Bitcoin 2024 Conference, Influencing Crypto Markets</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Trump Attends Bitcoin 2024 Conference, Influencing Crypto Markets

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