• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 16 Gwei
 

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Bitcoin touches $66k as US Election now set up as bullish event

Bitcoin reacts positively on market open as both major U.S. party leaders endorse crypto as the next natural..

Today, Monday, October 14, Bitcoin touched $66,000 as US markets opened, up over 5% on the day, as both major US presidential candidates have now made official crypto endorsements.

Btcusdt 2024 10 14 19 50 24

Vice President Kamala Harris announced plans to establish a regulatory framework for digital assets beneficial to everyday citizens holding crypto. The framework aims to protect Black men investing in crypto and promote economic inclusion.

Former President Donald Trump’s support for Bitcoin and the broader crypto industry has been well documented since the start of the year when he announced that he could now “live with” the technology. Since then, he has increased his support, pledging to make the United States the “world capital of crypto and Bitcoin.”

Both candidates publicly releasing pro-crypto policies is a historic moment for the industry. Harris’s focus on regulatory clarity and consumer protection contrasts with Trump’s commitments to bolster the industry’s growth and infrastructure.

However, never before have both major candidates signaled positive sentiment toward the crypto industry, indicating that whoever wins next month’s election should be a positive step forward for the sector.

Bitcoin’s next target is $66,894, which it will need to push past to solidify the upward movement based on historical trading channels seen throughout 2024.


 

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