Monthly Archives: July 2024

Bitcoin Nears $70K on Back of Trump’s Speech, Bitcoin Cash and Base Memecoins Lead Crypto Market Gains

Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day. By Sam Reynolds, Shaurya Malwa Bitcoin Cash is up double digits as the business week in Asia opens, despite expectations from analysts it would be the loser in the Mt. Gox trade. The token outperformed the broader…

Read more

Bitcoin Pulls Back Sharply After Touching $70K

The price of bitcoin still appears poised to close out July with sizable gains after plunging below $54,000 earlier in the month. In what’s become a familiar pattern over the past few months, a rally in bitcoin (BTC) to a key level was met with a wave of selling as the price during Monday morning U.S. hours quickly plunged more than 3%…

Read more

Bitcoin Drops as Focus Shifts to Supply From Trump Endorsement

Bitcoin retreated from a six-week high as traders shift their focus to speculation the US may sell seized tokens just days after Donald Trump pledged to create a government stockpile of the cryptocurrency if elected president again. Bitcoin retreated from a six-week high as traders shift their focus to speculation the US may sell seized tokens just days after Donald…

Read more