Cryptocurrency

2024

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-reaches-new-heights-as-investors-remain-optimistic/" data-wpel-link="internal">Bitcoin Reaches New Heights as Investors Remain Optimistic</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/bitcoin-analyst-predicts-potential-upside-movement-as-btc-consolidates/" data-wpel-link="internal">Bitcoin</a> price</strong> rose to nearly $68,000 as of writing, currently at $67,900. Cryptocurrency investors experienced rapid fluctuations throughout July. Altcoin prices saw movements exceeding 20%. Now, BTC is near $68,000 but needs more momentum.</p> 
<h2 style="text-align: justify" id="why-is-bitcoin-rising">Why is Bitcoin Rising?</h2> 
<p style="text-align: justify">Following Bitstamp returns that started yesterday, we didn’t see massive sell-offs, and investors realized they were amplifying FUD with panic. BTC price, rising more than 6% daily, might soon pull altcoins up. US <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">stock markets</a> began recovering, and despite poor PCE data, BTC is rebounding from panic-induced drops.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class=" wp-image-374195 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/BTCUSDT_2024-07-26_17-07-45.png" alt="" width="1236" height="569"></p> 
<p style="text-align: justify">If the recent rise triggers strong ETF inflows, we could have a good weekend. Additionally, Trump will make statements at the Bitcoin 2024 event in about 24 hours. The bill expected to be announced by Lummis and Trump’s potential <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">good news</a> have already excited investors. If closures above $67,500 continue, new peaks won’t be surprising.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-reaches-new-heights-as-investors-remain-optimistic/" data-wpel-link="internal">Bitcoin Reaches New Heights as Investors Remain Optimistic</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-reaches-new-heights-as-investors-remain-optimistic/" data-wpel-link="internal">Bitcoin Reaches New Heights as Investors Remain Optimistic</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin Reaches New Heights as Investors Remain Optimistic

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