Markets
Bitcoin (BTC) Reclaims 200-Day Average as ‘Trump Trades’ Come Back into Fashion After Weekend Attack
In recent months, Trump has shifted gears and embraced crypto to get ahead of his rival, Joe Biden, and win over the supposedly single-issue crypto community that is seeking a more favorable regulatory environment for the industry. As a result, bitcoin and the broader crypto market have become bets on Trump’s victory. The former president has committed to speaking at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27.